Brief: Arena Group To Sell 2.9 Mln Shares At Offering Price Of $3.88 Per Share

Paradium.AI

31/03/2023 14:20

March 31 (Reuters) - Arena Group Holdings Inc  AREN.A :
    * THE ARENA GROUP ANNOUNCES THE PRICING OF $11.5 MILLION
REGISTERED DIRECT EQUITY OFFERING TO EXISTING SHAREHOLDERS
    * ARENA GROUP HOLDINGS - ENTERED INTO AGREEMENTS WITH
SHAREHOLDERS
FOR SALE OF 2,963,918 SHARES OF COMMON STOCK AT OFFERING PRICE
OF $3.88 PER SHARE

Source text for Eikon:  ID:nBw82G8WXa 
Further company coverage:  AREN.A 

 ((Reuters.Briefs@thomsonreuters.com;))