{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-119504","form_type":"8-K","ticker":null,"cik":"0001643988","company_name":"Loop Media, Inc.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.919235+00:00","generated_at":"2026-06-08T00:07:56.320047+00:00","sec_items":["1.01","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Loop Media amends $2.2M line of credit: maturity extended to Aug 2024, warrants repriced to $1.00","bullets":["Line of credit maturity extended from Nov 13, 2023 to Aug 13, 2024 (27 months from May 13, 2022).","One-time payment of $374k on Nov 13, 2023 ($132k accrued interest, $220k principal, $22k extension fee), then nine monthly $220k principal payments plus interest.","Warrant exercise price for 209,522 LOC warrants and 104,759 subordination warrants reduced from $5.25 to $1.00 per share.","Lenders agreed to 12-month lock-up on shares from warrant exercise; one-third of net proceeds from future non-ATM, non-affiliate capital raises applied to principal.","The amendment affects $2.2M non-revolving credit line; original note was amended and restated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-119504","json":"https://secwatch.observer/filing/0001104659-23-119504.json","markdown":"https://secwatch.observer/filing/0001104659-23-119504.md","text":"https://secwatch.observer/filing/0001104659-23-119504.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643988/000110465923119504/0001104659-23-119504-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643988/000110465923119504/tm2330983d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:07:56.320047+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":[{"claim_id":"3faed7a76a3b052f634d22ed85379de8ca1d36d5","claim":"Loop Media, Inc. amended credit facility of $2.2 million with the Lenders at 12 percent per year maturing August 13, 2024.","evidence_excerpt":"a “ Lender ” and collectively, the “ Lenders ”) and RAT Investment Holdings, LP, as administrator of the loan (the “ Loan Administrator ”) for aggregate loans of up to $2.2 million (the “ Line of Credit ”), evidenced by a Non-Revolving Line of Credit Promissory Note (the “ Note ”), also effective as of May 13, 2022. The Line of Credit had an initial","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643988/000110465923119504/0001104659-23-119504-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$2.2 million"},{"label":"Counterparty","value":"the Lenders"},{"label":"Rate","value":"12 percent per year"},{"label":"Maturity","value":"August 13, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}