The arena group announces closing of underwriter's option

New york--(business wire)--the arena group holdings, inc., formerly known as themaven, inc. (nyse american: aren) (the “company”), today announced that it has completed the sale of an additional 545,239 shares of its common stock at $8.25 per share pursuant to the partial exercise of the underwriter's option to purchase up to an additional 545,454 shares of the company's common stock in connection with the company's previously closed $30 million public offering. the gross proceeds to the compan
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