SCHEDULE 13G/A 0001699673 XXXXXXXX LIVE 1 Class A Ordinary Shares, par value $0.0025 09/30/2025 0001747661 Zeta Network Group G2287A134 80 Board Street, 5th Floor New York NY 10005 Rule 13d-1(c) Arena Investors, LP b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Arena Investors GP, LLC b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 OO limited liability company Arena Special Opportunities (Offshore) Master, LP b E9 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Arena Special Opportunities Fund (Offshore) II GP, LP b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Arena Special Opportunities Fund (Offshore) GP, LLC b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 OO limited liability company Arena Special Opportunities Parallel Investor Vehicle III US, LP b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 PN Arena Special Opportunities Parallel Investor Vehicle III GP, LLC b DE 0.00 0.00 0.00 0.00 0.00 N 0.0 OO limited liability company Zeta Network Group 80 Board Street, 5th Floor, New York, NY, 10005 This Schedule 13G is filed by the following (the "Reporting Persons"): (i) Arena Investors, LP (the "Investment Manager"), who serves as investment manager to ASOFM and ASOIII (each as defined below); (ii) Arena Investors GP, LLC, who serves as the general partner of the Investment Manager (the "IM General Partner"); (iii) Arena Special Opportunities (Offshore) Master, LP ("ASOFM"); (iv) Arena Special Opportunities Fund (Offshore) II GP, LP, who serves as the general partner of ASOFM (the "ASOFM General Partner"); (v) Arena Special Opportunities Fund (Offshore) GP, LLC, who serves as the general partner of the ASOFM General Partner (the "ASOFM GP General Partner"); (vi) Arena Special Opportunities Parallel Investor Vehicle III US, LP ("ASOIII"); and (vii) Arena Special Opportunities Parallel Investor Vehicle III GP, LLC, who serves as the general partner of ASOIII (the "ASOIII General Partner"). Each of ASOFM and ASOIII is a private investment vehicle. ASOFM and ASOIII directly beneficially owns the Ordinary Shares reported in this Schedule 13G. The Investment Manager, the IM General Partner, the ASOFM General Partner and the ASOFM GP General Partner may be deemed to beneficially own the Ordinary Shares directly beneficially owned by ASOFM. The Investment Manager, the IM General Partner and the ASOIII General Partner may be deemed to beneficially own the Ordinary Shares directly beneficially owned by ASOIII. Each Reporting Person disclaims beneficial ownership with respect to any Ordinary Shares other than the Ordinary Shares directly beneficially owned by such Reporting Person. The principal business office of the Reporting Persons is 2500 Westchester Avenue, Suite 401, Purchase, New York 10577. For citizenship or place of organization see Item 4 of the cover page of each Reporting Person. Y See Item 9 on the cover page for each Reporting Person, and Item 2, which information is given as of the close of business on September 30, 2025. See Item 11 on the cover page for each Reporting Person. See Item 5 on the cover page for each Reporting Person. See Item 6 on the cover page for each Reporting Person. See Item 7 on the cover page for each Reporting Person. See Item 8 on the cover page for each Reporting Person. N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. Arena Investors, LP /s/ Tsering Lama 11/14/2025 Arena Investors GP, LLC /s/ Tsering Lama 11/14/2025 Arena Special Opportunities (Offshore) Master, LP /s/ Tsering Lama 11/14/2025 Arena Special Opportunities Fund (Offshore) II GP, LP /s/ Tsering Lama 11/14/2025 Arena Special Opportunities Fund (Offshore) GP, LLC /s/ Tsering Lama 11/14/2025 Arena Special Opportunities Parallel Investor Vehicle III US, LP /s/ Tsering Lama 11/14/2025 Arena Special Opportunities Parallel Investor Vehicle III GP, LLC /s/ Tsering Lama 11/14/2025