{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-035313","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2022-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.915020+00:00","generated_at":"2026-06-21T05:52:28.831752+00:00","sec_items":["1.01","2.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Arena Group acquires Men's Journal and other active lifestyle brands for $28.5M","bullets":["Acquisition price of $28.5M: $25M cash (incl. $1M paid Nov, $1M escrow) and ~$3.5M deferred over 27 months.","Acquires digital assets of Men's Journal, Men's Fitness, Surfer, Powder, Bike, SKATEboarding, Snowboarder, NewSchoolers.","To repay ~$5.9M existing notes via issuance of up to $36M senior secured bridge notes.","Expected closing December 15, 2022, subject to customary conditions.","Nine-month 2022: digital ad revenue up 90%, total revenue up 41% to $180M, gross profit up ~$20M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-035313","json":"https://secwatch.observer/filing/0001493152-22-035313.json","markdown":"https://secwatch.observer/filing/0001493152-22-035313.md","text":"https://secwatch.observer/filing/0001493152-22-035313.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315222035313/0001493152-22-035313-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315222035313/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T05:52:28.831752+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d3b177dba7f8ce8999a5c32e737b35a8f4667b8c","claim":"Arena Group Holdings, Inc. entered into Purchase Agreement with A360 Media, LLC and Weider Publications, LLC valued at aggregate purchase price of $25.0 million (effective 2022-12-07).","evidence_excerpt":"entered into an asset purchase agreement with A360 Media, LLC, a Delaware limited liability company (“A360”), and Weider Publications, LLC, a Delaware limited liability company and a wholly-owned subsidiary of A360 (together with A360, the “Seller Parties,” and such agreement, the “Purchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315222035313/0001493152-22-035313-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"A360 Media, LLC and Weider Publications, LLC"},{"label":"Value","value":"aggregate purchase price of $25.0 million"},{"label":"Effective","value":"2022-12-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}