secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K/A
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001193125-26-143654
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526143654/0001193125-26-143654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526143654/bmtm-20260406.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-143654

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer