THEMAVEN, INC. (OTCMKTS:MVEN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02

On May 30, 2017, TheMaven, Inc. (the Company or TheMaven)
appointed Joshua A. Jacobs as a member of the Companys Board of
Directors, effective as of May 31, 2017 and as an officer of the
Company with the position of Executive Co-Chair. Before joining
TheMaven, Mr.Jacobs was President, Services at Kik Interactive
(Kik) from May 2015 to December 2016. From June 2011 to April
2015, Mr. Jacobs was Chief Executive Officer of Accuen Media, an
Omnicom Company (NYSE:OMC). From October 2009 to April 2011 Mr.
Jacobs was Senior Vice President of Marketing for Glam Media.
From July 2007 to October 2009 Mr. Jacobs was VP/GM Advertising
Platforms at Yahoo, Inc. (NASDAQ:YHOO). He has also held
leadership positions at X1 Technologies and Bigstep, Inc.

Under the terms of an employment agreement between Mr.Jacobs and
the Company dated May 17, 2017 and attached to this report as
Exhibit 10.1, Mr.Jacobs will receive an annual salary of $225,000
and performance based bonus opportunity up to $75,000. The
employment agreement includes standard provisions for assignment
of intellectual property developed while an employee, protection
of Company confidential information, and non-competition and
non-solicitation of employees. He is eligible to participate in
the Companys employee benefits plans. In addition, the agreement
entitles Mr.Jacobs to an option to purchase 300,000 shares of the
Companys common stock with a grant date of March 22, 2017. A
total of 240,000 of these options include performance conditions
that must be satisfied in order for the options to vest. A total
of 60,000 of these options vest monthly over a twelve-month
period. The option exercise price will be the closing price of
the Companys common stock on the grant date. The options will
vest as when the performance conditions are satisfied.

This description of Mr.Jacobss employment agreement is qualified
by reference to its full text, which is filed with this report as
Exhibit 10.1 and incorporated herein by reference.

A copy of the Companys press release announcing Mr.Jacobss
appointment is filed with this report as Exhibit 99.1, and is
incorporated herein by reference.

About THEMAVEN, INC.  (OTCMKTS:MVEN)

theMaven, Inc. is a United States-based company, which offers theMaven, a group media platform, featuring vertical content across multiple content segments. The Company includes a channel on TheMaven Network, which is a digital media platform.

THEMAVEN, INC.  (OTCMKTS:MVEN) Recent Trading Information

THEMAVEN, INC.  (OTCMKTS:MVEN) closed its last trading session down -0.05 at 1.75 with 3,331 shares trading hands.