{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-067490","form_type":"8-K","ticker":null,"cik":"0001643988","company_name":"Loop Media, Inc.","filed_at":"2024-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.399481+00:00","generated_at":"2026-06-01T06:50:13.425030+00:00","sec_items":["1.01","1.02","3.02","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Loop Media raises $2.45M in registered direct + private placement; CPTO steps down","bullets":["Issued 7.875M shares + 1.777M pre-funded warrants at $0.15/sh; private placement 4.348M warrants at $0.2309; gross $2.45M.","CPTO Liam McCallum stepped down effective May 31, 2024; remains as employee in advisory role with reduced schedule.","Terminated at-market issuance agreement with B. Riley Securities (up to $50M) with no penalty.","Placement agent Roth Capital receives 6.5% fee + 700K warrants at $0.25399.","Waiver agreements with lenders reduce warrant exercise price to $0.24 and waive $500K proceeds, contingent on closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-067490","json":"https://secwatch.observer/filing/0001104659-24-067490.json","markdown":"https://secwatch.observer/filing/0001104659-24-067490.md","text":"https://secwatch.observer/filing/0001104659-24-067490.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643988/000110465924067490/0001104659-24-067490-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643988/000110465924067490/tm2416205d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:50:13.425030+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":"273d36947f","claim":"Liam McCallum departed as Chief Product and Technical Officer at Loop Media, Inc..","evidence_excerpt":"Effective May 31, 2024, Liam McCallum, the Company’s Co-Founder and Chief Product and Technical Officer (“CPTO”) since May 2016, stepped down from his role as CPTO, but will remain an employee of the Company working a reduced schedule on an “at-will” basis in an advisory role.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643988/000110465924067490/0001104659-24-067490-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chief Product and Technical Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}