HMNY Helios and Matheson Analytics Inc (CE)

ITEM 1.01     ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On July 9, 2019, Helios and Matheson Analytics, Inc. (the “Company,” “we,” “our,” or “us”) entered into waiver agreements (the “Agreements”) to the non-convertible Senior Note, dated as of October 4, 2018, issued by the Company to the holder thereof (the “October Exchange Note”) and the non-convertible Series B Senior Notes, dated as of December 18, 2018, issued by the Company to the holders thereof (collectively, the “December Exchange Notes”, and together with the October Exchange Note, the “Exchange Notes”), with each of the Holders of the Exchange Notes.

Under the Agreements the Holders agreed to waive the first monthly amortization payment due under the Exchange Notes on June 28, 2019, until July 31, 2019, and agreed that the payment due on June 28, 2019 under each Exchange Note will instead be payable on July 31, 2019. Such waivers were effective as of June 28, 2019. Pursuant to the Agreements, each Holder further agreed that no late charges, interest rate increase or event of default exists under the Exchange Notes due to the failure of the Company to obtain such waivers prior to June 28, 2019. The timing and amounts of the remaining amortization payments due under the Exchange Notes remain unchanged, and the maturity date of the Exchange Notes remains at May 29, 2020.