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Mathieu Debuchy has joined St Etienne on a permanent deal, while Jeff Reine-Adelaide has been loaned to Angers and Chuba Akpom loaned to Sint-Truidense.
Debuchy, 32, had left the Gunners earlier in the day and returns to the club where he started his career, making his debut as an 18-year-old in 2004.
The Frenchman joins fellow transfer window signings Yann M’Vila, Paul-Georges Ntep and Neven Subotic at the Ligue 1 club.
The right back signed for the Gunners from Newcastle in 2014, and made a total of 29 appearances for the club.
Mathieu represented France at Euro 2012 and the 2014 World Cup, having proven himself as one of Ligue 1’s best right backs during a 10-year stint with Lille.
Reine-Adelaide, who has made eight first-team appearances since arriving from Lens as a teenager in 2015, has played his football with our under-23s so far this term.
A France youth international, the club say he is heading to Ligue 1 “for the opportunity to gain more competitive experience”.
Akpom has been at Arsenal since the age of six and has made 12 senior appearances.
He has also gained first-team experience during loan spells with Coventry, Brentford, Nottingham Forest, Hull and Brighton.
Akpom played for England in the European Under-21 Championship in Poland last summer, netting three times in five appearances for the Three Lions.
Krystian Bielik has also left Arsenal to join Walsall until the end of the season.