Item 5.03 — Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On October 4, 2019, TheMaven, Inc. (“Maven”) filed a Certificate of Designation of Preferences, Rights and Limitations of Series J Convertible Preferred Stock (the “Series J Certificate of Designation”) with the Secretary of State of the State of Delaware, pursuant to which Maven designated 35,000 shares of Preferred Stock, par value $0.01 per share, as Series J Convertible Preferred Stock (“Series J Preferred Stock”). The Series J Preferred Stock has a stated value of $1,000 (the “Stated Value”) and is initially convertible into shares of Maven’s common stock, par value $0.01 per share (the “Common Stock”), at a conversion rate equal to the Stated Value divided by the conversion price of $0.70.

The number of shares issuable upon conversion of the Series J Preferred Stock will be adjusted in the event of stock splits, stock dividends, combinations of shares and similar transactions. Any issued and outstanding shares of Series J Preferred Stock will convert automatically into shares of Common Stock on the date an amendment to Maven’s Certificate of Incorporation is filed and accepted with the State of Delaware that increases the number of authorized shares of Common Stock to at least a number permitting all shares of Series J Preferred Stock, and shares of Maven’s Series I Convertible Preferred Stock and Series H Convertible Preferred Stock, to be converted in full.

When issued, the shares of Series J Preferred Stock shall vote with the shares of Common Stock on an as-converted basis, have certain customary protective provisions and will be only entitled to dividends if and to the extent any dividends are paid on the shares of Maven’s Common Stock.

The foregoing is only a brief description of the Series J Certificate of Designation and is qualified in its entirety by reference to the Series J Certificate of Designation that is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference herein.