The Arena Group Holdings, Inc.

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AREN STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF THE ARENA GROUP HOLDINGS, INC. IS FAIR TO SHAREHOLDERS

August 15, 2023.

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of The Arena Group Holdings, Inc. (NYSE: AREN) and Bridge Media Networks is fair to Arena shareholders.

The investigation concerns whether Arena and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Arena shareholders; and (2) disclose all material information necessary for Arena shareholders to adequately assess and value the merger consideration. On behalf of Arena shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Date of signing: September 11, 2024

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