A bunch of guest shots in Spider-Man, Iron Man and Avengers to establish where Ricochet, Hornet and Prodigy are now.
Ricochet makes himself known to Spider-Man, who over a few months trains Ricochet up a bit. Then Spider-Woman turns up and she starts hanging with the two of them, also getting tips off of Spidey, and working very closely with Rico.
Eddie is now working for Stark, in the department that works closely with Armour development. An armoured vigilante has been reported to be working around LA.
Prodigy approaches Captain America for training, after one mission Cap hands him over to the Avengers as he believes Ritchie would be better served there then solely with him. Plus a mission Cap's off on he doesn't want to risk a rookie.
Iron-Man finds Hornet and starts making sure he's really capable. He takes Hornet to him to New York to the Avengers, where Eddie meets Ritchie and they talk and after a mission decide to go find Johnny whos been seen with Spidey.
The third issue reveals and flashes back to what happened to the mysterious fifth member of the team and the first story arc deals with the team dealing with their new leader and the ongoing plot of the blooming relationship between Johnny and Mattie, and the clandestine help of Dusk.
The second story arc is the team have discovered that Dusk is watching over them and what she's been up to since the close of the first series.