theMaven, Inc. engages in the development of online media channels. Its channel is operated by an invite only channel partner, drawn from subject matter experts, reporters, group evangelists and social leaders. The company was founded by James C. Heckman Jr. in 1990 and is headquartered in Seattle, WA.
Company profile
Ticker
AREN
Exchange
Website
CEO
James C. Heckman
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
INTEGRATED SURGICAL SYSTEMS INC, theMaven, Inc.
SEC CIK
Corporate docs
Subsidiaries
The Arena Media • TheStreet, Inc. • The Arena Platform, Inc. • College Spun Media Incorporated ...
IRS number
680232575
AREN stock data
Latest filings (excl ownership)
S-3
Shelf registration
24 Jan 23
424B3
Prospectus supplement
21 Dec 22
8-K
Entry into a Material Definitive Agreement
20 Dec 22
EFFECT
Notice of effectiveness
20 Dec 22
POS AM
Prospectus update (post-effective amendment)
15 Dec 22
8-K
The Arena Group to Acquire Digital Assets of Men’s Journal and Adventure Network From a360media
13 Dec 22
EFFECT
Notice of effectiveness
2 Dec 22
8-K/A
Entry into a Material Definitive Agreement
29 Nov 22
8-K
Departure of Directors or Certain Officers
25 Nov 22
UPLOAD
Letter from SEC
25 Nov 22
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.81 mm | 13.81 mm | 13.81 mm | 13.81 mm | 13.81 mm | 13.81 mm |
| Cash burn (monthly) | 512.00 k | (no burn) | 5.32 mm | 6.58 mm | 2.40 mm | 1.76 mm |
| Cash used (since last report) | 2.02 mm | n/a | 21.02 mm | 26.00 mm | 9.50 mm | 6.96 mm |
| Cash remaining | 11.78 mm | n/a | -7.22 mm | -12.20 mm | 4.31 mm | 6.84 mm |
| Runway (months of cash) | 23.0 | n/a | -1.4 | -1.9 | 1.8 | 3.9 |
Institutional ownership, Q3 2022
47.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 38 |
| Opened positions | 4 |
| Closed positions | 4 |
| Increased positions | 15 |
| Reduced positions | 11 |
| 13F shares | Current |
|---|---|
| Total value | 114.49 mm |
| Total shares | 8.74 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| RILY B. Riley Financial | 4.68 mm | $61.37 mm |
| 272 Capital | 1.50 mm | $19.65 mm |
| Vanguard | 580.49 k | $7.60 mm |
| BLK Blackrock | 549.14 k | $7.19 mm |
| Equitec Proprietary Markets | 337.53 k | $4.42 mm |
| Boothbay Fund Management | 308.27 k | $4.04 mm |
| Geode Capital Management | 201.36 k | $2.64 mm |
| EAM Investors | 146.38 k | $1.92 mm |
| G2 Investment Partners Management | 95.10 k | $1.25 mm |
| NTRS Northern Trust | 92.22 k | $1.21 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 22 | Shribman Daniel | Common Stock | Option exercise | Acquire M | No | No | 0 | 450 | 0.00 | 17,268 |
| 31 Dec 22 | Shribman Daniel | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 450 | 0.00 | 0 |
| 31 Dec 22 | Christopher Petzel | Common Stock | Option exercise | Acquire M | No | No | 0 | 450 | 0.00 | 6,821 |
| 31 Dec 22 | Christopher Petzel | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 450 | 0.00 | 0 |
| 31 Dec 22 | Sims Todd D. | Common Stock | Option exercise | Acquire M | No | No | 0 | 675 | 0.00 | 48,556 |
| 31 Dec 22 | Sims Todd D. | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 675 | 0.00 | 0 |
| 31 Dec 22 | Herbert Hunt Allred | Common Stock | Option exercise | Acquire M | No | No | 0 | 675 | 0.00 | 22,150 |
| 31 Dec 22 | Herbert Hunt Allred | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 675 | 0.00 | 0 |
| 31 Dec 22 | Carlo Zola | Common Stock | Option exercise | Acquire M | No | No | 0 | 675 | 0.00 | 11,388 |
| 31 Dec 22 | Carlo Zola | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 675 | 0.00 | 0 |
News
Arena Group Holdings's Return On Capital Employed Overview
15 Dec 22
The Arena Group To Acquire Digital Assets Of Men's Journal And Adventure Network From a360media For An Aggregate Of ~$28.5M
13 Dec 22
Arena Group Holdings Q3 EPS $(0.90) Beats $(0.92) Estimate, Sales $66.71M Beat $64.19M Estimate
9 Nov 22
Earnings Scheduled For November 9, 2022
9 Nov 22
Press releases
The Arena Group Acquires Fexy Studios Expanding Video Production and Distribution
12 Jan 23
The Arena Group to Acquire Digital Assets of Men's Journal and Adventure Network From a360media
13 Dec 22
France's Kylian Mbappé and the U.S. Men's National Team Highlight Dual Covers of Sports Illustrated's World Cup Preview Issue
10 Nov 22
The Arena Group Reports Record Revenue as Digital Advertising Grows 56% for the Third Quarter of 2022
9 Nov 22