---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-143654"
form_type: "8-K/A"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:18:38.059995+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media defers $1.2M debt payment, issues shares to lender in credit amendment

## Summary
- Twenty-Fifth Amendment defers $1.2M quarterly installment on Second Out Loans until Dec 20, 2026.
- Interest payment of ~$201K for period ended March 31, 2026 payable-in-kind instead of cash.
- Company issued 2,922,566 shares (1.5% pro forma) to Centre Lane Partners; they now own 27.3% of common stock.
- Total debt due June 30, 2026: ~$1.6M; total due at maturity Dec 20, 2026: ~$92.1M.

## SEC filing metadata
- accession: 0001193125-26-143654
- form_type: 8-K/A
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000119312526143654/0001193125-26-143654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000119312526143654/bmtm-20260406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-143654
- JSON: https://secwatch.observer/filing/0001193125-26-143654.json
- Plain text: https://secwatch.observer/filing/0001193125-26-143654.txt

## Source-grounded claims
- claim_id: a9263460ef9299f4c5b5840119a177ff1b3a8276
  claim: Bright Mountain Media, Inc. amended credit facility with Centre Lane Partners Master Credit Fund II, L.P..
  evidence_excerpt: The principal changes to the Credit Agreement made in the Twenty-Fifth Amendment include, but are not limited to, the following: (i) Adjusting the amortization of the Second Out Loans such that the quarterly installment due on March 31, 2026 with respect to the Second Out Loans, which totaled approximately $1.2 million, was deferred in its entirety until December 20, 2026;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000119312526143654/0001193125-26-143654-index.htm

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