Helix TCS, Inc. (OTCPK:HLIX) announced that it has entered into an subscription agreement with 23 investors for a private placement of 7,527,157 common shares at an issue price of $0.11 per share for gross proceeds of $827,987 on June 1, 2020. The shares have par value of $0.001 per share. The shares issued will have a hold period. The company will issue securities pursuant to exemption provided under Regulation D.