{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-037810","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2026-08-13T20:30:45+00:00","discovered_at":"2026-08-13T20:32:00.399925+00:00","generated_at":"2026-08-13T20:32:09.788357+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Arena Group enters $97.7M term loan with Renew Group at 10% interest, maturing 2029","bullets":["Term loan of $97,691,000 from Renew Group Private Limited, maturing August 6, 2029.","Interest at 10.00% per annum, payable quarterly; principal in seven $1M installments starting Sept 30, 2027.","Proceeds used to refinance existing term loan obligations with Renew and for general corporate purposes.","Covenants include fixed charge coverage ratio ≥1.20x and total net leverage ≤3.5x, tested quarterly.","Loan secured by first-priority security interest in substantially all assets; prepayment allowed without penalty."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-037810","json":"https://secwatch.observer/filing/0001493152-26-037810.json","markdown":"https://secwatch.observer/filing/0001493152-26-037810.md","text":"https://secwatch.observer/filing/0001493152-26-037810.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315226037810/0001493152-26-037810-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315226037810/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T20:32:09.788357+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}