---
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"
generated_at: "2026-06-21T05:52:28.831752+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arena Group acquires Men's Journal and other active lifestyle brands for $28.5M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035313
- JSON: https://secwatch.observer/filing/0001493152-22-035313.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035313.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: A360 Media, LLC and Weider Publications, LLC
  - Value: aggregate purchase price of $25.0 million
  - Effective: 2022-12-07
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/894871/000149315222035313/0001493152-22-035313-index.htm

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