Home

Arena Group Holdings, Inc. (AREN) red flags

CIK 0000894871 路 New York, NY 路 SIC 4841 路 All EDGAR filings

3 verified red-flag event(s) since 2025-04-01. Red flag score: 32 how it's calculated

5Arena Group Holdings, Inc. (AREN) Going-concern doubtmicro2026-03-16
in auditor's report 路 company history
3Arena Group Holdings, Inc. (AREN) Auditor changemicro2025-07-15
The company changed its outside auditor (8-K Item 4.01). 路 company history
5Arena Group Holdings, Inc. (AREN) Going-concern doubtmicro2025-04-15
in auditor's report 路 company history

Red flag score: 32 / 100 · elevated

Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 19.1 → score = 100 × (1 − e−points/50) = 32. Full method

FlagFiledSeverityPointsAgeDecayCounts
Going-concern doubt2026-03-165/530.0215 d×0.4413.1
Auditor change2025-07-153/514.0459 d×0.172.4
Going-concern doubt2025-04-155/530.0550 d×0.123.6

The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.

What happened next

FlagDateCap at flag30d90d180d
Going-concern doubt2026-03-16$141.5M-34.3%-59.7%n/a
Auditor change2025-07-15$254.0M+16.7%-17.4%-24.2%
Going-concern doubt2025-04-15$94.8M+255.0%+203.7%+150.8%

Stock return after each flag; pending = window not yet elapsed; n/a = no price data.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.