secwatch / observer
8-K filed December 5, 2023, 6:59 PM ET ticker AREN CIK 0000894871
other material confidence high sentiment neutral materiality 0.75

Arena Group closes ~$110.7M note purchase, issues 10.5M shares to Simplify; extends debt default date to April 2024

Arena Group Holdings, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Cavitt Randall

Director
AREN · Arena Group Holdings, Inc.
Filed
December 5, 2023, 6:59 PM ET
the Board appointed each of Cavitt Randall and Christopher Fowler to fill the vacancies created by Mr. Sims and Mr. Shribman, effective upon the closing of the Simplify Purchase Transactions.
Appointed

Christopher Fowler

Director
AREN · Arena Group Holdings, Inc.
Filed
December 5, 2023, 6:59 PM ET
the Board appointed each of Cavitt Randall and Christopher Fowler to fill the vacancies created by Mr. Sims and Mr. Shribman, effective upon the closing of the Simplify Purchase Transactions.
Departed

Todd Sims

Director
AREN · Arena Group Holdings, Inc.
Successor
Cavitt Randall and Christopher Fowler
Filed
December 5, 2023, 6:59 PM ET
on November 29, 2023, Todd Sims and Daniel Shribman notified the Company of their intent to resign from the Board, effective upon the closing of the Simplify Purchase Transactions.
Departed

Daniel Shribman

Director
AREN · Arena Group Holdings, Inc.
Successor
Cavitt Randall and Christopher Fowler
Filed
December 5, 2023, 6:59 PM ET
on November 29, 2023, Todd Sims and Daniel Shribman notified the Company of their intent to resign from the Board, effective upon the closing of the Simplify Purchase Transactions.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cavitt Randall was appointed as Director at Arena Group Holdings, Inc..

Action
appointed
Role
Director
Exact text from the filing
the Board appointed each of Cavitt Randall and Christopher Fowler to fill the vacancies created by Mr. Sims and Mr. Shribman, effective upon the closing of the Simplify Purchase Transactions.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Fowler was appointed as Director at Arena Group Holdings, Inc..

Action
appointed
Role
Director
Exact text from the filing
the Board appointed each of Cavitt Randall and Christopher Fowler to fill the vacancies created by Mr. Sims and Mr. Shribman, effective upon the closing of the Simplify Purchase Transactions.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Sims resigned as Director at Arena Group Holdings, Inc..

Action
resigned
Role
Director
Exact text from the filing
on November 29, 2023, Todd Sims and Daniel Shribman notified the Company of their intent to resign from the Board, effective upon the closing of the Simplify Purchase Transactions.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Shribman resigned as Director at Arena Group Holdings, Inc..

Action
resigned
Role
Director
Exact text from the filing
on November 29, 2023, Todd Sims and Daniel Shribman notified the Company of their intent to resign from the Board, effective upon the closing of the Simplify Purchase Transactions.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Arena Group Holdings, Inc. amended BCA Amendment with Simplify Inventions, LLC, Bridge Media Networks, LLC, New Arena Holdco, Inc., Energy Merger Sub I, LLC, Energy Merger Sub II, LLC (effective 2023-12-01).

Action
amendment
Agreement
merger
Counterparty
Simplify Inventions, LLC, Bridge Media Networks, LLC, New Arena Holdco, Inc., Energy Merger Sub I, LLC, Energy Merger Sub II, LLC
Effective
2023-12-01
Exact text from the filing
On December 1, 2023, The Arena Group Holdings, Inc., a Delaware corporation (the “Company”), entered into an amendment (the “BCA Amendment”) to the previously announced Business Combination Agreement, dated November 5, 2023 (the “Business Combination Agreement”), by and among the Company, Simplify Inventions, LLC, a Delaware limited liability company (“Simplify”), Bridge Media Networks, LLC, a Michigan limited liability company and a wholly owned subsidiary of Simplify (“Bridge Media”), New Arena Holdco, Inc., a Delaware corporation and a wholly owned subsidiary of the Company (“Newco” and, following the consummation of the Mergers (as defined in the Business Combination Agreement), “New Arena”), Energy Merger Sub I, LLC, a Delaware limited liability company and a wholly owned subsidiary of Newco, and Energy Merger Sub II, LLC a Delaware limited liability company and a wholly owned subsidiary of Newco.
View on SEC.gov

242 material agreements filed in the last 30 days. Browse all material agreements →

Arena Group Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-043697
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