other material
confidence high
sentiment negative
materiality 0.85
Bright Mountain Media stock downgraded to OTCID after failing OTCQB bid-price rule
Bright Mountain Media, Inc.
- Effective April 10, 2026, common stock moved from OTCQB to OTCID tier due to bid price below $0.01 for 30+ consecutive days.
- Company had until April 9, 2026 to regain compliance by closing at $0.01 or above for ten straight trading days; deadline missed.
- Ticker remains BMTM; OTCID is the lowest OTC Markets tier, limiting investor access and liquidity.