Helios and Matheson Analytics Files $50 Million Universal Shelf Registration Statement
(Thomson Reuters ONE) -
Shelf Registration Follows Recently Announced Merger Agreement With Zone
Technologies, Inc.
NEW YORK, July 18, 2016 (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.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any offer or sale, or solicitation of an
offer to buy, any of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of such jurisdiction. Any offering of the securities
covered under the shelf registration statement will be made solely by means of a
prospectus and an accompanying prospectus supplement relating to that offering.
A copy of the prospectus included in the registration statement may be obtained
on the SEC's website at www.sec.gov.
About Helios and Matheson
Helios and Matheson Analytics, Inc. (Nasdaq:HMNY), headquartered in New York
City with offices and facilities in Silicon Valley and India, including an
offshore development center in Chennai, India, provides Big Data technology and
advanced analytics services including Artificial Intelligence (AI) and social
chatter, with extensive domain expertise in Banking, Financial Services and
Insurance (BFSI), including data visualization to empower its clients to unlock
the value of data to make better decisions. With its client roster including
Fortune 500 corporations, it focuses mainly on the BFSI and Technology
verticals. HMNY's solutions cover the entire spectrum of information technology
needs, including applications, data and infrastructure. For more information,
visit HMNY at http://www.hmny.com.
About RedZone Maps
RedZone Maps (Zone Technologies, Inc.), headquartered in Miami, Florida, with
offices in Israel, is a state-of-the-art mapping and spatial analysis company.
Its eye-opening safety map application enhances mobile GPS navigation by
providing advanced proprietary technology, to easily and safely guide users to
avoid potentially risky areas deemed "red zones," due to high groupings of crime
data. More than that, the app incorporates a social media component allowing for
real-time "It's happening now" crime reporting coupled with up-to-the-minute
data from over 1,400 local, state, national and global sources. RedZone Maps is
currently available to ios users with an Android version scheduled to launch
shortly. More information is available on the RedZone Maps website and the
free app is available for download in the App Store.
Cautionary Statement on Forward-looking Information
Certain statements in this communication contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 or
under Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended (collectively, "forward-looking
statements") that may not be based on historical fact, but instead relate to
future events, including without limitation statements containing the words
"believe", "may", "plan", "will", "estimate", "continue", "anticipate",
"intend", "expect" and similar expressions. All statements other than statements
of historical fact included in this communication are forward-looking
statements, including statements regarding HMNY's ability to regain compliance
with all of Nasdaq's continued listing criteria, obtain a decision of the Nasdaq
Hearings Panel to continue HMNY's listing on Nasdaq, and receive Nasdaq approval
of any listing application that may be required in connection with the pending
merger with Zone.
Such forward-looking statements are based on a number of assumptions. Although
HMNY's management believes that the assumptions made and expectations
represented by such statements are reasonable, there can be no assurance that a
forward-looking statement contained herein will prove to be accurate. Actual
results and developments may differ materially from those expressed or implied
by the forward-looking statements contained herein and even if such actual
results and developments are realized or substantially realized, there can be no
assurance that they will have the expected consequences or effects. Risk
factors and other material information concerning HMNY are described in its
Annual Report on Form 10-K, as amended, for the fiscal year ended December
31, 2015, and other filings, including current and periodic reports, filed with
the U.S. Securities and Exchange Commission. You are cautioned to review such
reports and other filings at www.sec.gov.
Given these risks, uncertainties and factors, you are cautioned not to place
undue reliance on such forward-looking statements and information, which are
qualified in their entirety by this cautionary statement. All forward-looking
statements and information made herein are based on HMNY's current expectations
and HMNY does not undertake an obligation to revise or update such forward-
looking statements and information to reflect subsequent events or
circumstances, except as required by law.
CONTACT:
Gouri Sankar Tripathy
607 330 2090
gtripathy(at)hmny.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Helios and Matheson Analytics Inc. via GlobeNewswire
[HUG#2029106]
Datum: 18.07.2016 - 12:59 Uhr
Sprache: Deutsch
News-ID 483787
Anzahl Zeichen: 7265
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 227 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Helios and Matheson Analytics Files $50 Million Universal Shelf Registration Statement"
steht unter der journalistisch-redaktionellen Verantwortung von
Helios and Matheson Analytics Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
