secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001493152-23-013707
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bright Mountain Media closes $20M all-cash acquisition of Big Village assets, adds $26.3M term loan
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- Completed purchase of Big Village's Agency and Insights businesses for approx. $20M cash plus assumed liabilities on April 20, 2023.
- Executed Seventeenth Amendment to credit agreement, adding $26,315,789.47 term loan due April 20, 2026, to fund the acquisition.
- New subsidiaries Big-Village Agency LLC and BV Insights LLC formed and added as guarantors under the credit agreement.
- Company will file required financial statements and pro forma information within 71 days of the 8-K filing date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223013707/0001493152-23-013707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223013707/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-013707

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