A shadowy figure shows an interest in obtaining Green Goblin’s gear. Who can this figure be? And will Spider-Man be able to prevent the shadow of evil’s past from clouding the sky?

In the aftermath of Spider-man stopping a bank robbery, one of the thieves, George Hill, discovers the hidden headquarters of the Green Goblin! The thief leads a mysterious man to the headquarters, who promptly realizes the potential of this discovery and steals Osborn's equipment. The mysterious man uses Osborn's equipment to become the sinister Hobgoblin!