---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019985"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:46:03.558217+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Arena Group stockholders approve officer exculpation and 2022 plan amendment with 1.8M additional shares

## Summary
- Stockholders elected all 7 director nominees; Ross Levinsohn, Todd Sims, Daniel Shribman, Carlo Zola, Christopher Petzel, Laura Lee, H. Hunt Allred.
- Ratified Marcum LLP as independent auditor for FY 2023; 16,623,458 for, 24,146 against.
- Say-on-pay approved (13,349,435 for) and future advisory votes set for every three years (10,671,432 for three years).
- Approved officer exculpation charter amendment; filed with Delaware Secretary of State on June 2, 2023.
- Approved restated 2022 Stock Plan: reserve increased by 1,800,000 shares and plan term extended to June 2, 2032.

## SEC filing metadata
- accession: 0001493152-23-019985
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000149315223019985/0001493152-23-019985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000149315223019985/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019985
- JSON: https://secwatch.observer/filing/0001493152-23-019985.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019985.txt

## Key facts
- Governance Changes
  Arena Group Holdings, Inc.: Adopted Officer Exculpation Charter Amendment to exculpate certain officers from breach of duty of care under DGCL 102(b)(7) (effective 2023-06-02).
  - Change: charter amendment
  - Effective: 2023-06-02
  source text: On June 2, 2023, the Company filed the Officer Exculpation Charter Amendment with the Delaware Secretary of State and the Charter became effective on filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315223019985/0001493152-23-019985-index.htm

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