---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-025693"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2021-10-18T23:59:59+00:00"
generated_at: "2026-06-28T20:24:51.977774+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# TheMaven appoints Spiros Christoforatos as Principal Accounting Officer; terms disclosed

## Summary
- Spiros Christoforatos named Principal Accounting Officer (Chief Accounting Officer) effective a future date.
- Annual base salary of $275,000; eligible for bonus target of 30% of salary ($82,500).
- Received stock option grant for 256,372 shares of common stock under 2019 Equity Incentive Plan.
- Severance of 6 months' salary if terminated without cause or resigns for good reason.
- Douglas Smith remains CFO; Christoforatos reports to Smith.

## SEC filing metadata
- accession: 0001493152-21-025693
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2021-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000149315221025693/0001493152-21-025693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000149315221025693/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-025693
- JSON: https://secwatch.observer/filing/0001493152-21-025693.json
- Plain text: https://secwatch.observer/filing/0001493152-21-025693.txt

## Key facts
- Executive change
  Spiros Christoforatos was appointed as Principal Accounting Officer at Arena Group Holdings, Inc..
  - Action: appointed
  - Role: Principal Accounting Officer
  source text: On October 12, 2021, the Board of Directors (the “Board”) of theMaven, Inc. (the “Company”) appointed Spiros Christoforatos as Principal Accounting Officer, effective at a future date yet to be determined (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315221025693/0001493152-21-025693-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.