Shares of MoviePass parent company Helios and Matheson Analytics Inc. were down 12.6% in premarket trading on Monday after the company filed a shelf registration to raise up to $1.2 billion over three years. Under the filing, Helios and Matheson HMNY, will be able to publicly offer and sell common stock, preferred stock, debt securities, warrants, subscription rights and units. The company said on Friday it had entered into agreements to exchange shares of common stock for warrants to buy fewer shares, and earlier last week, the company announced it had issued $164 million in convertible notes. The company has also expressed interest in increasing the number of its shares of common stock to 2 billion from 500 million as well as doing a one-time reverse split. Helios and Matheson shares are down 95.1% so far this year, while the S&P 500 SPX, +0.31% is up 1.7%.