---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-010529"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T12:43:41.998847+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Arena Group enters into $25M loan agreement with Simplify Inventions at 10% interest; repays existing SLR facility

## Summary
- Initial borrowing of $7.7M under $25M Simplify Loan; $3.4M used to repay and terminate existing SLR Digital Finance LLC FSA.
- Loan bears 10% interest per annum, matures March 13, 2026; secured by assets of Company and subsidiaries.
- Remaining $4.3M from initial draw used for working capital and general corporate purposes.
- Loan provides up to $25M in additional borrowing capacity for working capital.

## SEC filing metadata
- accession: 0001493152-24-010529
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000149315224010529/0001493152-24-010529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000149315224010529/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-010529
- JSON: https://secwatch.observer/filing/0001493152-24-010529.json
- Plain text: https://secwatch.observer/filing/0001493152-24-010529.txt

## Key facts
- Debt Financings
  Arena Group Holdings, Inc. incurred loan of up to $25 million with Simplify Inventions, LLC at 10% per annum maturing March 13, 2026.
  - Instrument: loan
  - Principal: up to $25 million
  - Counterparty: Simplify Inventions, LLC
  - Rate: 10% per annum
  - Maturity: March 13, 2026
  - Event: incurrence
  source text: On March 13, 2024, The Arena Group Holdings, Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”), by and between the Company and Simplify Inventions, LLC (the “Simplify Loan”), which will provide for up to $25 million of borrowings to be used for working capital and general corporate purposes. The Simplify Loan bears interest at a rate of 10% per annum, payable monthly in arrears unless otherwise demanded by the lender, and will mature on March 13, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315224010529/0001493152-24-010529-index.htm
- Material Agreements
  Arena Group Holdings, Inc. entered into Loan Agreement with Simplify Inventions, LLC valued at up to $25 million (effective 2024-03-13).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Simplify Inventions, LLC
  - Value: up to $25 million
  - Effective: 2024-03-13
  source text: On March 13, 2024, The Arena Group Holdings, Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”), by and between the Company and Simplify Inventions, LLC (the “Simplify Loan”), which will provide for up to $25 million of borrowings to be used for working capital and general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315224010529/0001493152-24-010529-index.htm
- Material Agreements
  Arena Group Holdings, Inc. terminated FSA with SLR Digital Finance LLC (effective 2024-03-13).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: SLR Digital Finance LLC
  - Effective: 2024-03-13
  source text: ees and contingency reserves under its financing and security agreement dated February 2020 (as amended, the “FSA”) with SLR Digital Finance LLC (“SLR”). The FSA between the Company and SLR was simultaneously terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894871/000149315224010529/0001493152-24-010529-index.htm

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