Wednesday 20 July 2016

HELIOS AND MATHESON ANALYTICS FILES $50 MILLION UNIVERSAL SHELF REGISTRATION STATEMENT

Shelf Registration Follows Recently Announced Merger Agreement With Zone Technologies, Inc.

NEW YORK, July 19 (Bernama-GLOBE NEWSWIRE) -- Helios and Matheson Analytics Inc. (Nasdaq:HMNY) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). Under the shelf registration, once it is declared effective by the SEC, HMNY may offer and sell, from time to time, up to $50 million of a variety of its securities over the next three years.

Under the shelf registration statement, HMNY will have the flexibility to publicly offer and sell from time to time, common stock, preferred stock, warrants or any combination of such securities. HMNY may periodically offer one or more of these securities in amounts, at prices and on terms announced, if and when the securities are ever offered. The terms of any potential future offerings, along with the intended use of proceeds from the sale of any such securities offered by HMNY, will be described in detail in a prospectus supplement at the time of any such offering.
http://mrem.bernama.com/viewsm.php?idm=27176

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