MoviePass may be in bigger trouble than people realize (HMNY)

MoviePass’s parent company, Helios and Matheson, may be in a worse financial position than realized. In the first quarter, it lost money at a faster rate than it had previously acknowledged. It’s already said it needs to raise additional funds this month, potentially through a stock sale, which would be its third this year. But the company appears to no longer be meeting Nasdaq’s listing standards, which could put future stock sales in

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