Arena Group Holdings Faces Delisting Concerns

TL;DR

Arena Group Holdings might get delisted, big trouble ahead.

AI Summary

Arena Group Holdings, Inc. filed an 8-K on December 26, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates potential issues with the company's continued listing on the exchange, though specific details regarding the rule or standard not met are not provided in this excerpt.

Why It Matters

This filing signals potential financial distress or non-compliance with exchange rules, which could lead to the company's stock being removed from trading.

Risk Assessment

Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.

Key Players & Entities

• Arena Group Holdings, Inc. (company) — Registrant
• December 20, 2024 (date) — Earliest event reported
• December 26, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share AREN NYSE American Chec

Filing Documents

• form8-k.htm (8-K) — 40KB
• ex99-1.htm (EX-99.1) — 12KB
• 0001493152-24-052137.txt ( ) — 228KB
• aren-20241220.xsd (EX-101.SCH) — 3KB
• aren-20241220_lab.xml (EX-101.LAB) — 33KB
• aren-20241220_pre.xml (EX-101.PRE) — 24KB
• form8-k_htm.xml (XML) — 4KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: (Date of Earliest Event Reported): December 20, 2024 THE ARENA GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) delaware 001-12471 68-0232575 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 200 VESEY STREET , 24TH FLOOR NEW YORK , new york 10281 (Address of principal executive offices) (Zip code) 212 - 321-5002 (Registrant's telephone number including area code) (Former name or former address if changed since last report) Securities registered pursuant in Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share AREN NYSE American Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On December 20, 2024, The Arena Group Holdings, Inc. (the "Company") was notified by NYSE American LLC ("NYSE American") that the Company's plan to regain compliance with NYSE American's continued listing standards had been accepted. The Company was required to submit a plan to NYSE American by November 1, 2024 addressing how it intends to regain compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide by April 2, 2026. The Company submitted a plan prior to the deadline. On December 20, 2024, the Company received notice from NYSE American that it had accepted the Company's plan and granted a plan period through April 2, 2026. During the plan period, the Company will be subject to quarterly monitoring for compliance with the plan. If the Company does not regain compliance with NYSE American's listing standards by April 2, 2026, or if the Company does not make progress consistent with its plan, then NYSE American may initiate delisting proceedings. The Company intends to regain compliance within the prescribed plan period. The Company's receipt of the notification from NYSE American accepting the compliance plan has no immediate effect on the listing or trading of the Company's common stock on the NYSE American, nor does it affect the Company's business operations or its reporting requirements with the U.S. Securities and Exchange Commission. Item 7.01 Regulation FD Disclosure. On December 26, 2024, the Company issued a press release disclosing the receipt of NYSE American's notice accepting the Company's compliance plan, a copy of which is filed as Exhibit 99.1 and is incorporated herein by reference. Item 9.01. Financial 99.1 Press release dated December 26, 2024 announcing NYSE American notification. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE ARENA GROUP HOLDINGS, INC. Dated: December 26, 2024 By: /s/ Sara Silverstein Name: Sara Silverstein Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR