Helios and Matheson: HELIOS AND MATHESON ANALYTICS INC. (NASDAQ:HMNY) Files An 8-K Entry into a Material Definitive Agreement

On March 25, 2019, Helios and Matheson Analytics Inc. (the “Company” or “us” or “we”) entered into Stock Purchase Agreements (the “Purchase Agreements”) with certain institutional investors for the issuance and sale of securities in the aggregate gross offering price of $6,000,000.00 (the “Offering”), consisting of (A) 60,000 shares of Series B Preferred Stock, par value $0.01 per share (each, a “Preferred Share”), with each Preferred Share convertible into shares of the Company’s common stock, par value $0.01 per share, (B) Series F-1 Preferred Stock Purchase Warrants (each, a “Series F-1 Warrant”) to purchase an aggregate of 59,760 Preferred Shares and (C) Series F-2 Preferred Stock Purchase Warrants (each, a “Series F-2 Warrant” and, together with Series F-1 Warrants, collectively, “Warrants”) to purchase an aggregate of 60,240 Preferred Shares. The Preferred Shares, the Series F-1 Warrants and the Series F-2 Warrants have been issued separately but could only be purchased together in the Offering. The exercise price of the Warrants is $100.00 per Preferred Share. The Series F-1 Warrants will be exercisable at any time until the five-year anniversary of their issuance date. The Series F-2 Warrants will be exercisable at any time on or after the date on which we obtain stockholder approval for a reverse stock split or to increase our authorized common stock to allow for the reservation in full of all shares of common stock issuable upon conversion of the Preferred Shares issuable upon exercise of the Series F-2 Warrants, and until the five-year anniversary of the initial exercise date.