theMaven, Inc.: directors' dealings · United States · SEC (Form 4)

About theMaven, Inc.

theMaven, Inc. is a United States-listed media and digital publishing company historically associated with the ticker MVEN and, in recent SEC filings, with its successor corporate identity, The Arena Group Holdings, Inc. The company’s corporate history includes multiple name changes and strategic resets: it was known as theMaven after a 2016 recapitalization and later changed its legal name to The Arena Group Holdings, Inc. in February 2022. For investors, the key point is that the business has evolved into a digital media and publishing platform focused on monetizing loyal audiences through branded content, technology-enabled distribution, and vertical-specific editorial franchises. Its SEC disclosures historically reference Seattle, Washington as a corporate base, while more recent investor communications reflect a New York-centered operating footprint. ([sec.gov](https://www.sec.gov/Archives/edgar/data/894871/0001493152-21-000653-index.htm?utm_source=openai)) The company’s core model is built around topic-driven media verticals and a publishing platform that supports content creation, audience growth, and monetization. In SEC filings, management describes a strategy aimed at categories where audiences are highly engaged and commercially valuable, such as sports, lifestyle, and finance. This approach is designed to increase traffic, advertising yield, affiliate revenue, and broader commerce opportunities. Over time, the portfolio has included recognizable brands such as TheStreet, Parade, Men’s Journal, and Athlon Sports, along with related digital publishing assets. In competitive terms, the business sits at the intersection of media, technology, and digital audience monetization, competing with other content platforms, publishers, and creator-driven media networks for attention and ad dollars. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000894871/000164117225004921/form10-k.htm?utm_source=openai)) Historically, the company went through recapitalization, acquisitions, and licensing-driven expansion. A notable strategic step was the 2019 exclusive licensing agreement to operate the Sports Illustrated media business across several English-language markets, which broadened the company’s media footprint. However, that Sports Illustrated business was discontinued in 2024, which materially altered the operating mix and reinforced the importance of the remaining owned-and-operated brands. The company’s SEC filings also indicate that, at various times, it has faced going-concern and liquidity-related pressure, which is relevant for assessing execution risk, balance-sheet resilience, and the quality of earnings. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000894871/000164117225004921/form10-k.htm?utm_source=openai)) Geographically, the company is primarily U.S.-based, with operations centered in the United States and a media portfolio oriented around American consumers, though some historical licensing arrangements extended into Canada, the United Kingdom, Ireland, Australia, New Zealand, and Mexico. Recent developments have included continued efforts to stabilize the public-company profile, regain and maintain listing compliance on NYSE American in 2025, and improve operational discipline. For market participants, MVEN remains a small-cap media name with a highly cyclical revenue base, exposure to digital advertising trends, and meaningful sensitivity to strategic execution and listing-status developments on NYSE American in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/894871/000164117225013940/ex99-1.htm?utm_source=openai))