Arena defers interest, extends merger deadline, appoints KPMG as auditor

Arena Group Holdings, Inc.

Interest due Q4 2023–Q3 2024 deferred to Dec 31, 2024, contingent on no event of default.
Outside date for Simplify/Bridge Media business combination extended from Aug 5 to Nov 5, 2024; officer/director changes.
Marcum LLP dismissed as independent auditor; KPMG LLP appointed effective July 11, 2024.
Marcum reports had going-concern emphasis; material weaknesses in ITGC and third-party data validation remedied in FY2023.

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