Financial Performance - The company reported a net loss of approximately $100.7 million for the year ended December 31, 2024, compared to a net loss of approximately $55.6 million for the previous year [119]. - As of December 31, 2024, the company's accumulated deficit was approximately $479.4 million, up from approximately $378.7 million as of December 31, 2023 [119]. - The company experienced a net loss from continuing operations of approximately $7.7 million for the year ended December 31, 2024 [120]. - The company has a history of losses and may continue to incur losses if it does not achieve sufficient revenue or reduce costs [119]. - The company’s financial condition may limit its ability to secure additional financing on acceptable terms, impacting its operations and growth [118]. - As of December 31, 2024, the company had federal net operating loss carryforwards (NOLs) of approximately $210.6 million, which may expire before generating sufficient taxable income [130]. - As of December 31, 2024, the company reported a stockholders' deficit of approximately $130.3 million, having incurred losses in the most recent six fiscal years [144]. Operational Risks - The digital media industry is highly competitive, with many players having greater financial resources, which may adversely affect the company's revenues and operating results [76]. - The company relies on third-party content contributors for user attraction, and the loss of key contributors could materially impact its business and financial condition [79]. - The sales cycle for online advertising is lengthy, and delays in payments from advertisers could adversely affect the company's financial condition and results of operations [78]. - The company faces risks from generative AI technology that may harm its ability to attract and retain audiences, protect intellectual property, and maintain revenue streams [74]. - Changes in internet search engine algorithms could reduce traffic to the company's content, negatively impacting audience retention and advertising revenues [77]. - The company is dependent on third-party cloud platforms for its digital media services, and any failures in these systems could harm its business and reputation [94]. - The growing percentage of users without support for third-party cookies could hinder the company's ability to collect data, impacting its advertising revenue [81]. - Cybersecurity threats, including ransomware and denial-of-service attacks, pose significant risks to the company's operations and financial results [89]. - The company may face claims of intellectual property infringement, which could result in substantial costs and adversely affect its business [99]. - The company faces risks related to changes in demand and pricing for its products and services, as well as competition from companies with larger user bases and resources [127]. - The company is dependent on the performance of its key executive officers and management team, with potential adverse effects on business if key personnel are lost [131]. - The company may incur substantial costs related to claims against it, which could adversely affect its financial results and operations [129]. Compliance and Regulatory Issues - The company is subject to evolving laws and regulations that could increase compliance costs and impact its business operations [102]. - The company faces risks from changes in regulations, government funding, and trade policies that could adversely affect its advertising clients and revenue [103]. - The company identified material weaknesses in its internal control over financial reporting, which could affect the accuracy of its financial statements [111]. - The company is currently out of compliance with the NYSE American's continued listing standards, specifically regarding minimum stockholders' equity requirements [144]. - The NYSE American accepted the company's compliance plan on December 20, 2024, granting a plan period through April 2, 2026, during which the company will be subject to quarterly monitoring [145]. - If compliance is not regained by the end of the plan period, the NYSE American may initiate delisting proceedings [145]. - The company intends to regain compliance within the plan period, although there is no assurance of success [146]. - Delisting could result in significant adverse consequences, including reduced liquidity and decreased analyst coverage [148]. Market and Stock Performance - The trading price of the company's common stock has been volatile, influenced by various external factors beyond its operational performance [138]. - The company has the authority to issue additional shares of common stock, which could dilute existing stockholders' ownership and negatively impact stock price [142]. - The company may issue additional securities with rights superior to those of its common stock, potentially limiting stockholders' ownership rights [143]. - The company is classified as a "smaller reporting company," which allows it to rely on reduced disclosure requirements, potentially affecting investor attractiveness [133]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures [237].

Exhibit 99.1 The Arena Group Generates $4.0 Million in Net Income for Third Quarter of 2024; First Ever Profitable Quarter Company reduces quarterly operating expenses by 51% vs. the same quarter prior year, drives $13.6 million positive swing in quarterly income from continuing operations, demonstrating transformation plan's rapid ef ectiveness NEW YORK – November 14, 2024 – The Arena Group Holdings, Inc. (NYSE American: AREN) ("Arena"), a technology platform and media company home to hundreds of media bra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 1-12471 THE ARENA GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 68-0232575 (State ...

Core Insights - Verizon Business has expanded its partnership with Monumental Sports & Entertainment (MSE) to enhance cyber resiliency and security optimization across MSE's sports and entertainment properties [1][4] - The partnership includes services such as Rapid Response Retainer (RRR), Managed Security Information and Event Management (MSIEM), and Cyber Security Incident Response Team services [1][3] Group 1: Partnership Details - The collaboration aims to maintain MSE's leadership in cyber security and includes properties like the NHL's Washington Capitals and the NBA's Washington Wizards [1][2] - Verizon's Cyber Security Solutions team will provide customized risk assessments and breach simulations to help MSE create a secure IT environment [2][3] Group 2: Industry Context - Sports organizations are increasingly targeted by cyber threats, necessitating proactive measures to address network security gaps [4] - Building a robust defense is essential for safeguarding sensitive fan data and ensuring operational continuity [4] Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.0 billion in 2023 and serves nearly all Fortune 500 companies [5] - Monumental Sports & Entertainment is recognized as a leading sports and entertainment entity in America, focusing on delivering extraordinary experiences [6]

Arena publishes letter outlining concerns with Terra's downgraded notes due 2026Letter outlines how Terra has neglected to respond to requests for information, failing to uphold its responsibilities to investorsNEW YORK, Sept. 6, 2024 /PRNewswire/ -- Arena Investors, LP ("Arena") on behalf of its investors, holders of $5 million in aggregate principal amount of 6.00% notes due 2026 of Terra Property Trust, Inc. ("Terra") (NYSE: TPTA), today sent a letter to the Terra Board of Directors expressing its concer ...

Exhibit 10.3 THE ARENA GROUP HOLDINGS, INC. AND SIMPLIFY INVENTIONS, LLC COMMON STOCK PURCHASE AGREEMENT AUGUST 19, 2024 THE ARENA GROUP HOLDINGS, INC. COMMON STOCK PURCHASE AGREEMENT This Common Stock Purchase Agreement (this "Agreement") is made as of August 19, 2024 by and between THE ARENA GROUP HOLDINGS, INC., a Delaware corporation (the "Company"), and SIMPLIFY INVENTIONS, LLC, a Delaware limited liability company (the "Purchaser"). Recitals A. The Company has authorized the sale and issuance of 17,79 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 1-12471 THE ARENA GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 68-0232575 (State or o ...

MIAMI, Aug. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), announces the successful closing of a strategic purchase agreement for funding of up to $10 million from Arena Investors, LP ("Arena") and its affiliates.Arena, a global institutional asset manager with approximately $3.5 billion of assets under management, is known for its expertise in providing creative capital solutions.Maxim Group LLC was sole placement agent in connection with the of ...

Snap Inc. (SNAP) announced that it is set to launch Snap Sports Network, a virtual arena made for Snapchat users to connect with friends and family in a healthy competitive environment.Approximately 180 million Snapchatters watch sports coverage on a monthly basis. Snapchat is going to cover its own fun and light-hearted games with its huge audience.It will have games like hobby horsing, professional pillow fighting and more. These games will be introduced by famous creators like Kris London, Rachel Pizzola ...

Tech giants like Qualcomm Incorporated (QCOM) and Microsoft Corporation (MSFT) are reportedly embarking on an ambitious marketing blitz to promote a new breed of computers known as “AI PCs.” These machines promise advanced artificial intelligence (AI) features embedded in their hardware, distinguishing them from standard laptops and desktops.What Sets AI PCs Apart?AI PCs incorporate an additional processor designed specifically to accelerate AI capabilities. This specialized hardware enhances features like ...