TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo April 17, 2023 Ross Levinsohn Chief Executive Officer Arena Group Holdings, Inc. 200 Vesey Street 24th Floor New York, New York 10281 Re: Arena Group Holdings, Inc. Registration Statement on Form S-3 Filed April 13, 2023 File No. 333-271240 Dear Ross Levinsohn: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Austin Pattan, Staff Attorney, at (202) 551-6756 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any questions. Sincerely, Division of Corporation Finance Office of Technology cc: Jennifer Hitchcock