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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 27, 2023, Avi Zimak, Chief Revenue Officer of The Arena Group Holdings, Inc. (the “Company”) and the Company agreed that Mr. Zimak would step down as the Company’s Chief Revenue Officer, effective June 30, 2023. The decision is not the result of any dispute or disagreement with the Company, the Company’s management or the Board of Directors of the Company on any matter relating to the Company’s operations, policies or practices. The Company thanks him for his service and wishes him well.
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.
|Dated: June 30, 2023||THE ARENA GROUP HOLDINGS, INC.|
|By:||/s/ Douglas B. Smith|
|Name:||Douglas B. Smith|
|Title:||Chief Financial Officer|