Filing Details

Accession Number:
0001213900-23-042823
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-24 21:30:17
Reporting Period:
2023-05-22
Accepted Time:
2023-05-24 21:30:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
894871 Arena Group Holdings Inc. AREN Cable & Other Pay Television Services (4841) 680232575
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1207269 R Bryant Riley C/O B. Riley Financial, Inc.
21255 Burbank Blvd, Suite 400
Woodland Hills CA 91367
No No Yes No
1464790 B. Riley Financial, Inc. 11100 Santa Monica Blvd
Suite 800
Los Angeles CA 90025
No No Yes No
1505748 B. Riley Securities, Inc. 11100 Santa Monica Blvd
Suite 800
Los Angeles CA 90025
No No Yes No
1776226 B. Riley Principal Investments, Llc 11100 Santa Monica Blvd.
Suite 800
Los Angeles CA 90025
No No Yes No
1880803 Brf Investments, Llc C/O B. Riley Financial, Inc.
21255 Burbank Blvd, Suite 400
Woodland Hills CA 91367
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2023-05-22 2,574 $3.45 1,468,432 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 23,232 Indirect By Bryant R. Riley, as UTMA custodian for Abigail Riley
Common Stock, Par Value $0.01 Per Share 25,809 Indirect By Bryant R. Riley, as UTMA custodian for Charlie Riley
Common Stock, Par Value $0.01 Per Share 23,232 Indirect By Bryant R. Riley, as UTMA custodian for Susan Riley
Common Stock, Par Value $0.01 Per Share 23,232 Indirect By Bryant R. Riley, as UTMA custodian for Eloise Riley
Common Stock, Par Value $0.01 Per Share 1,964,673 Indirect By B. Riley Securities, Inc.
Common Stock, Par Value $0.01 Per Share 3,433,532 Indirect By BRF Investments, LLC
Common Stock, Par Value $0.01 Per Share 14,162 Indirect By B. Riley Principal Investments, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Per Share Series H Preferred Stock, par value $0.01 per share $0.33 2020-08-19 0 110 Indirect
Common Stock, Par Value $0.01 Per Share Series H Preferred Stock, par value $0.01 per share $0.33 2021-08-19 0 865 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
0 110 Indirect
0 865 Indirect
Footnotes
  1. This Form 4 is filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), B. Riley Principal Investments, LLC, a Delaware limited liability company ("BRPI"), BRF Investments, LLC, a Delaware corporation ("BRFI"), and Bryant R. Riley.
  2. BRF is the parent company of BRS, BRPI and BRFI. As a result, BRF may be deemed to indirectly beneficially own the securities of The Arena Group Holdings, Inc. (the "Issuer") held of record by BRS, BRPI and BRFI. BRF expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of such Reporting Person's pecuniary interest therein.
  3. Bryant R. Riley, as Chief Executive Officer of BRCM and Chairman and Co-Chief Executive Officer of BRF, has voting power and dispositive power over the securities of the Issuer held of record by BRS, BRPI and BRFI. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the securities of the Issuer held of record by BRS, BRPI and BRFI. Bryant R. Riley expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of his pecuniary interest therein.
  4. Represents shares held directly by Bryant R. Riley.
  5. Subject to the conversion limitation described in the next sentence, the reported security is convertible into common stock of the Issuer at any time, and has no expiration date, but is subject to mandatory conversion on the fifth anniversary of the issuance date. The reported security is subject to a conversion limitation that prohibits the Issuer from effecting a conversion of the reported security into common stock if giving effect to the conversion would cause the holder to beneficially own (together with its affiliates or any "group" members) in excess of 4.99% of the common stock (or, upon notice by the holder, in excess of 9.99% of the common stock).