{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-272407","form_type":"8-K","ticker":"BMTM","cik":"0001568385","company_name":"Bright Mountain Media, Inc.","filed_at":"2026-06-16T19:01:34+00:00","discovered_at":"2026-06-16T19:02:00.372901+00:00","generated_at":"2026-06-16T19:02:18.258451+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bright Mountain Media sells mom.com domain for $1.1M; lender consent for debt prepayment and PIK","bullets":["Sold domain www.mom.com and related social media handles to Static Media for $1.1 million.","Proceeds used to prepay $612,624 of First Out Loans, fulfilling June 30, 2026 amortization.","Remaining $1,040,343 Second Out amortization due June 30, 2026 to be paid-in-kind (PIK).","Consent obtained from lenders and Centre Lane Partners; Credit Agreement otherwise unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-272407","json":"https://secwatch.observer/filing/0001193125-26-272407.json","markdown":"https://secwatch.observer/filing/0001193125-26-272407.md","text":"https://secwatch.observer/filing/0001193125-26-272407.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/0001193125-26-272407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/bmtm-20260616.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T19:02:18.258451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"57e89ee94c05d87902ad5ebd281f0ef571934a35","claim":"Bright Mountain Media, Inc. entered into Domain Name and Social Media Handles Purchase and Sale Agreement with Static Media, Inc. valued at $1.1 million (effective 2026-06-10).","evidence_excerpt":"On June 10, 2026, Bright Mountain Media, Inc., a Florida corporation (the “Company”), through its wholly owned subsidiary, CL Media Holdings LLC, a Delaware limited liability company (“CL Media”), entered into that certain Domain Name and Social Media Handles Purchase and Sale Agreement with Static Media, Inc. (“Static”), pursuant to which the Company sold, assigned, transferred, conveyed, and delivered to Static all right, title, and interest in and to the domain name “www.mom.com” (the “Domain Name”) and certain social media accounts related to the Domain Name for a purchase price of $1.1 million (the “Domain Name Sale”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/0001193125-26-272407-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Static Media, Inc."},{"label":"Value","value":"$1.1 million"},{"label":"Effective","value":"2026-06-10"}],"fact_type":"material_agreement"},{"claim_id":"ed86d2391c3899d00a192eadbd9f1adb02ff952f","claim":"Bright Mountain Media, Inc. amended Credit Agreement with Centre Lane Partners Master Credit Fund II, L.P. (effective 2026-06-30).","evidence_excerpt":"In addition to the consent of Centre Lane Partners and the Lenders to the Domain Name Sale, the CLP Consent included certain amendments to the Credit Agreement, including the following: • Within ten days of the closing of the Domain Name Sale, the Company agreed to prepay approximately $613,000 of the First Out Loans (as defined in the Credit Agreement) outstanding under the Credit Agreement from the proceeds of the Domain Name Sale, which prepayment shall be applied to the amortization payment due on the First Out Loans under the Credit Agreement on June 30, 2026 (the “June 2026 First Out Amortization Payment”) in full fulfillment of the June 2026 First Out Amortization Payment. • All other amounts due under the Credit Agreement on June 30, 2026, including the amortization payment due on the Second Out Loans (as defined in the Credit Agreement), will be paid-in-kind instead of paid in cash, which amounts represented approximately $1.0 million in the aggregate.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/0001193125-26-272407-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Centre Lane Partners Master Credit Fund II, L.P."},{"label":"Effective","value":"2026-06-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}