The NYSE American-listed company will adopt a new name and ticker without requiring shareholder action.
The Arena Group will rebrand as Paradium.AI and begin trading under the new ticker PAAI on August 31, 2026. The change follows a corporate decision to align its identity with its AI-focused strategy.
The stock will continue trading on the NYSE American, and its CUSIP number will remain unchanged. Existing shareholders are not required to take any action regarding the name or ticker update.
No immediate market reaction was disclosed in the announcement.