secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-158413
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media stock downgraded to OTCID after failing OTCQB bid-price rule
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526158413/0001193125-26-158413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526158413/bmtm-20260416.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-158413

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