Arena Group Holdings, Inc. Files 10-K/A Amendment

TL;DR

<b>Arena Group Holdings, Inc. has filed an amendment to its annual report for fiscal year 2023, confirming compliance with SEC filing requirements.</b>

AI Summary

Arena Group Holdings, Inc. (AREN) filed a Amended Annual Report (10-K/A) with the SEC on April 29, 2024. Arena Group Holdings, Inc. (formerly theMaven, Inc.) filed a 10-K/A (Amendment No. 1) for the fiscal year ended December 31, 2023. The company is incorporated in Delaware and its principal executive offices are located in New York, NY. Common Stock, $0.01 par value, is registered under the trading symbol AREN on NYSE American. The filing indicates the company has submitted all required reports for the preceding 12 months and has been subject to filing requirements for the past 90 days. Arena Group Holdings, Inc. has submitted electronically every Interactive Data File required by Rule 405 of Regulation S-T during the preceding 12 months.

Why It Matters

For investors and stakeholders tracking Arena Group Holdings, Inc., this filing contains several important signals. This amendment (10-K/A) suggests potential updates or corrections to the original annual report, which could contain material information for investors. The confirmation of electronic filing of Interactive Data Files is crucial for regulatory compliance and data accessibility for analysts and investors.

Risk Assessment

Risk Level: low — Arena Group Holdings, Inc. shows low risk based on this filing. The risk is low as this is an amendment to a standard annual report (10-K/A) and not indicative of new negative events, but rather a procedural filing.

Analyst Insight

Investors should review the specific amendments within the 10-K/A filing for any changes to financial statements, risk factors, or business descriptions.

Key Numbers

• 2023-12-31 — Fiscal Year End (Fiscal year ended)
• 2024-04-29 — Filing Date (Date of filing)
• 001-12471 — Commission File Number (SEC file number)
• 0000894871 — Central Index Key (Registrant's Central Index Key)

Key Players & Entities

• Arena Group Holdings, Inc. (company) — Registrant name
• theMaven, Inc. (company) — Former company name
• Delaware (jurisdiction) — State of incorporation
• New York (location) — Principal executive offices city
• AREN (ticker) — Trading symbol
• NYSE American (company) — Exchange where securities are registered
• 200 Vesey Street (address) — Principal executive offices street
• 24th Floor (address) — Principal executive offices street 2

FAQ

Industry Context

Arena Group Holdings operates in the cable and other pay television services industry.

Regulatory Implications

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including filing annual reports (10-K) and amendments (10-K/A).

What Investors Should Do

1. Review the specific changes and additions made in Amendment No. 1 to the 10-K filing.
2. Verify the company's compliance status regarding electronic data submissions.
3. Monitor future filings for any updated financial or operational information.

Year-Over-Year Comparison

This is an amendment (10-K/A) to the previously filed annual report for the fiscal year ended December 31, 2023.

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value AREN NYSE American Secu
• $4.58 — he closing price of the common stock of $4.58 per share on that date, as reported by
• $1 billion — hour ENERGY to annual retail sales over $1 billion. Mr. Bhargava has extensive management,
• $2 — nagement company in the world with over $2 trillion under management, Capital Grou
• $2 billion — LC, during 2017, where she oversaw over $2 billion in key digital investments and relation

Filing Documents

• form10-ka.htm (10-K/A) — 500KB
• ex31-3.htm (EX-31.3) — 6KB
• ex31-4.htm (EX-31.4) — 7KB
• 0001493152-24-016961.txt (&nbsp;) — 783KB
• aren-20231231.xsd (EX-101.SCH) — 3KB
• aren-20231231_lab.xml (EX-101.LAB) — 36KB
• aren-20231231_pre.xml (EX-101.PRE) — 24KB
• form10-ka_htm.xml (XML) — 7KB

– "Executive Compensation", Item 12 – "Security Ownership of Certain Beneficial Owners and Management

Item 11 – "Executive Compensation", Item 12 – "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters", Item 13 – "Certain Relationships and Related Transactions, and Director Independence" and Item 14 – "Principal Accountant Fees and Services" of Part III of Form 10-K. The reference on the cover page of the Original Form 10-K to the incorporation by reference of portions of our definitive proxy statement into Part III of the Original Form 10-K is hereby deleted. Items 10, 11, 12, 13 and 14 of Part III and Item 15 of Part IV of the Original Form 10-K are amended and restated in their entirety as set forth in this Amendment. In addition, as required by Rule 12b-15 under the Securities Exchange Act of 1934, as amended, in connection with this Amendment, our Chief Executive Officer and Chief Financial Officer Rule 13a-14(a) certifications are filed herewith. Except as described above, this Amendment does not modify or update disclosure in, or exhibits to, the Original Form 10-K. Furthermore, this Amendment does not change any previously reported financial results, nor does it reflect events occurring after the filing date of the Original Form 10-K. Accordingly, this Amendment should be read in conjunction with the Original Form 10- K and with our subsequent filings with the SEC. All capitalized terms used but not defined herein shall have the meanings ascribed to them in the Original Form 10-K. 2 Form 10-K Table of Contents Page Part III . Item 10. Directors, Executive Officers and Corporate Governance 4 Item 11.

Executive Compensation

Executive Compensation 9 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 15 Item 13. Certain Relationships and Related Transactions, and Director Independence 18 Item 14. Principal Accountant Fees and Services 21 Part IV. Item 15. Exhibits and Financial Statement Schedules 21

Signatures

Signatures 29 3 Part III Item 10. Directors, Executive Officers and Corporate Governance The following table includes the names, ages and titles of our directors and executive officers. Directors are to be elected each year by our stockholders at an annual meeting. Each director holds his or her office until his or her successor is elected and qualified or resignation or removal. Executive officers are appointed by our Board of Directors. Each executive officer holds his or her office until he or she resigns or is removed by our Board of Directors or his or her successor is appointed and qualified. Name Age Current Title Dates in Position or Office Sara Silverstein 43 Chief Executive Officer April 19, 2024 – Present Manoj Bhargava 70 President (1) April 26, 2024 – Present Paul Edmondson 49 President, Platform (2) October 10, 2019 – Present Douglas Smith 63 Chief Financial Officer May 3, 2019 – Present Cavitt Randall 45 Chairman of the Board and Director (3) December 1, 2023 - Present Carlo Zola 46 Director (4) June 11, 2021 – Present H. Hunt Allred 39 Director (5) October 7, 2021 – Present Laura Lee 48 Director (6) October 7, 2021 – Present Christopher Petzel 52 Director (7) October 7, 2021 – Present Christopher Fowler 64 Director December 1, 2023 – Present (1) Mr. Bhargava held the title of Interim Chief Executive Officer from December 11, 2023 until January 4, 2024, and the title of Co-President from February 16, 2024 through April 26, 2024. (2) Mr. Edmondson previously held the title of Chief Operating Officer from August 2018 until December 2019. Mr. Edmondson also served as President from October 10, 2019 until February 18, 2021; however, on February 18, 2021, the role of President was split into two offices, President, Platform, which Mr. Edmondson holds, and President, Media. (3) Mr. Randall was appointed Chairman of our Board of Directors on January 23,

View Full Filing

View this 10-K/A filing on SEC EDGAR