When Dillon is dead, many people say that Spider-Man killed Max Dillon. Meanwhile, the new leader of Oscorp, Roderick Kingsley, finds the Goblin costume made by Norman Osborn. He continues the Goblin's work — because he believes Spider-Man killed every single Oscorp leader. Then Kingsley becomes... the Hobgoblin! Now Spider-Man must stop him — before Hobgoblin delivers the final, horrible Goblin present!