Helix TCS, Inc. (OTCPK:HLIX) announced a private placement of 3,636,364 common shares at an issue price of $0.11 per share for gross proceeds of $400,000 on May 20, 2020. The company has entered into subscription agreement with three accredited investors. The shares issued will have a hold period. The company will issue securities pursuant to exemption provided under Regulation D.