Key facts
- This page summarizes Simplify Inventions, LLC's Form 4 filing for Arena Group Holdings, Inc. (AREN).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 16 Feb 2024, 15:01.
Simplify Inventions, LLC - 14 Feb 2024 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- AREN
- Reported as of
- 14 Feb 2024
- Net transaction value
- +$11,999,999
- SEC form
- 4
- Accepted by SEC
- 16 Feb 2024, 15:01:10 UTC
- Prior SEC filing
- 08 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Manoj Bhargava as Manager of Simplify Inventions, LLC
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Simplify Inventions, LLC filed Form 4 for Arena Group Holdings, Inc. (AREN) on 16 Feb 2024.
Change
- Previous filing in this sequence was filed on 08 Dec 2023.
- Current net transaction value: +$11,999,999.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AREN
transaction
Common Stock, par value $0.01 per share
Purchase
- Transaction value
- $11,999,999
- Shares
- +5,555,555
- Change %
- +53%
- Price
- $2.16
- Shares after
- 16,067,791
- Date
- 14 Feb 2024
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The shares of Arena Group Holdings, Inc. (the "Issuer") common stock ("Common Stock") are held by Simplify Inventions, LLC ("Simplify"). Manoj Bhargava is the sole manager, the control person and the Chief Executive Officer of Simplify and has sole voting and investment discretion with respect to the shares of Common Stock held by Simplify. Mr. Bhargava disclaims any beneficial ownership of the securities held by Simplify other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Footnote F2
Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that Simplify and Mr. Bhargava (together, the "Reporting Persons") are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.