---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-128774"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:37:47.574201+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media will not cure OTCQB bid-price deficiency; expects downgrade to OTCID tier April 10

## Summary
- Received notice Dec 9, 2025; bid price below $0.01 for 30 consecutive days, failing OTCQB continued eligibility.
- Cure period extended to April 9, 2026; management opts against reverse stock split or other actions.
- Unless compliance by April 9, on April 10, 2026, common stock (BMTM) expected to trade on OTCID market tier.
- Additional risk: if bid price falls below $0.001 for five consecutive days, immediate removal from OTCQB.
- Management cites costs and low trading volume as reasons for not pursuing compliance.

## SEC filing metadata
- accession: 0001193125-26-128774
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000119312526128774/0001193125-26-128774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000119312526128774/bmtm-20260327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-128774
- JSON: https://secwatch.observer/filing/0001193125-26-128774.json
- Plain text: https://secwatch.observer/filing/0001193125-26-128774.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
