---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-036875"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2026-08-10T20:23:28+00:00"
generated_at: "2026-08-10T20:25:24.172462+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Arena Group Q2 revenue down 51%, rebrands to Paradium.AI, acquires InfoSentience

## Summary
- Q2 2026 revenue $22.2M vs $45.0M in Q2 2025; net loss $0.2M vs net income $108.6M (incl. $96.2M discontinued ops gain).
- Adjusted EBITDA $4.4M (19.8% margin) vs $18.6M (41.3%) in Q2 2025; cash $11.2M.
- Acquired InfoSentience (Fantasy Journalist, Inc.) for cash; accretive expected in 2026; founder Steve Wasick stays.
- Extended term debt with Renew Group Private Limited by 3 years, non-dilutive, maturity extended.
- Rebrand to Paradium.AI expected by end of August; launched Cutter Studios AI content engine.

## SEC filing metadata
- accession: 0001493152-26-036875
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2026-08-10T20:23:28+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000149315226036875/0001493152-26-036875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000149315226036875/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-036875
- JSON: https://secwatch.observer/filing/0001493152-26-036875.json
- Plain text: https://secwatch.observer/filing/0001493152-26-036875.txt

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