secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2026-06-16T19:01:34+00:00
Accession:  0001193125-26-272407
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media sells mom.com domain for $1.1M; lender consent for debt prepayment and PIK
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/0001193125-26-272407-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000119312526272407/bmtm-20260616.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-272407

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