Jul 2, 2018

MoviePass parent seeks to sell over $1.2 billion in equity, debt

Photo: Daniel Boczarski/Getty Images for MoviePass

Helios and Matheson Analytics, the parent company of movie theatre subscription service MoviePass, said Monday that it has filed a registration statement with the U.S. Securities and Exchange Commission to generate up to $1.2 billion in equity and debt securities over the next three years.

The backdrop: This comes less than two weeks after the New York-based data and analytics company launched a $164 million bond sale to provide capital funding for the subscription service to stay afloat.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3:00 a.m. ET: 5,594,175 — Total deaths: 350,531 — Total recoveries — 2,288,579 — Map.
  2. U.S.: Total confirmed cases as of 3:00 a.m. ET: 1,681,418 — Total deaths: 98,929 — Total recoveries: 384,902 — Total tested: 14,907,041 — Map.
  3. Federal response: DOJ investigates meatpacking industry over soaring beef prices — Mike Pence's press secretary returns to work.
  4. Congress: House Republicans to sue Nancy Pelosi in effort to block proxy voting.
  5. Business: How the new workplace could leave parents behind.
  6. Tech: Twitter fact-checks Trump's tweets about mail-in voting for first time — Google to open offices July 6 for 10% of workers.
  7. Public health: Coronavirus antibodies could give "short-term immunity," CDC says, but more data is needed— CDC releases guidance on when you can be around others after contracting the virus.
  8. What should I do? When you can be around others after contracting the coronavirus — Traveling, asthma, dishes, disinfectants and being contagious — Masks, lending books and self-isolating — Exercise, laundry, what counts as soap — Pets, moving and personal health — Answers about the virus from Axios experts — What to know about social distancing — How to minimize your risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

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Updated 5 mins ago - Politics & Policy

Hong Kong police fire pepper pellets at demonstrators

Hong Kong riot policeissue a warning as they aim to clear away people gathered downtownon Wednesday. Photo: Anthony Wallace/AFP via Getty Images

Hong Kong riot police have fired pepper pellets at activists and surrounded the Legislative Council during demonstrations against a bill proposing to criminalize "disrespect of the Chinese anthem" on Wednesday, per Reuters.

Why it matters: The bill is the latest concern pro-democracy protesters have that Chinese authorities are encroaching on the high degree of autonomy the former British colony has retained since it was returned to China in 1997.

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Minneapolis unrest as hundreds protest death of George Floyd

Tear gas is fired as police clash with protesters demonstrating against the death of George Floyd outside the 3rd Precinct Police Precinct in Minneapolis, Minnesota, on Tuesday. Photo: Stephen Maturen/Getty Images

Minneapolis police used tear gas during clashes with protesters demanding justice Tuesday night for George Floyd, an African American who died in police custody, according to multiple news reports.

Driving the news: The FBI is investigating Floyd's death after video emerged of a Minneapolis police officer kneeling on his neck for several minutes, ignoring protests that he couldn't breathe. Hundreds of protesters attended the demonstration at the intersection where Floyd died, per the Guardian.

Go deeper (1 min. read)ArrowUpdated 1 hour ago - Politics & Policy