Paradium.AI, Inc. (PAAI) announced a ten-year Strategic Platform Agreement with RTB Digital, Inc. under which Paradium’s brands, revenue and traffic will migrate to RTB’s AI-powered media and operations platform, with RTB assuming non-content functions in exchange for a revenue-sharing arrangement.
As consideration for licensing and transferring Paradium technology and other rights, RTB will issue Paradium unregistered RTB common stock valued at $11.5 million, subject to Nasdaq-related pricing conditions and sale restrictions. Separately, RTB agreed with Simplify Inventions, LLC and MBX Capital Aren, LLC to acquire about 49.5% of Paradium’s outstanding common stock for an aggregate $89,555,638, including a $10 million existing deposit, $6 million of RTB stock and $73,555,638 in cash, implying a $3.80 per share purchase price; Paradium is not a party to this share purchase.
Closing of the Platform Agreement depends on completion of RTB’s minority stake purchase, RTB raising the required capital, completion of due diligence and other closing conditions, with closing currently anticipated in Q4 2026, and is subject to various risks highlighted by the company.
Paradium.AI, Inc. (symbol: PAAI) is the issuer of record for a Form 8-K filing submitted to the SEC.
Arena Group Holdings, Inc., now doing business as Paradium.AI, Inc., reports that effective August 31, 2026 it filed a Certificate of Amendment in Delaware to change its corporate name to “Paradium.AI, Inc.” under the General Corporation Law of the State of Delaware, which did not require stockholder approval because it related only to a name change.
The company’s common stock continues to trade on NYSE American, and in connection with the name change its trading symbol became “PAAI”, while the CUSIP number for the common stock remains the same. Existing stock certificates remain valid, and stockholders whose shares are held in book-entry or through brokers are not required to take any action in connection with the name change.
On September 10, 2026, the company also made available an updated investor presentation for September 2026, furnished as Exhibit 99.1 and posted on its website at https://paradium.ai/, which is provided as a Regulation FD disclosure and is not deemed filed or incorporated by reference into other securities law filings except as specifically referenced.