---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-014730"
form_type: "8-K/A"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:27:34.972351+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media completes acquisition of Big Village businesses for $20M cash plus liabilities

## Summary
- Acquired Agency and Insights businesses from Big Village entities for approximately $20M in cash plus assumed liabilities.
- Secured an additional $26.3M term loan under existing credit agreement, maturing April 20, 2026, to finance the deal.
- Issued 21,401,993 unregistered shares of common stock to BV Agency, LLC, an entity beneficially owned by the lender.
- Financial statements and pro forma information for the acquired businesses to be filed by amendment within 71 days.

## SEC filing metadata
- accession: 0001493152-23-014730
- form_type: 8-K/A
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315223014730/0001493152-23-014730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315223014730/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-014730
- JSON: https://secwatch.observer/filing/0001493152-23-014730.json
- Plain text: https://secwatch.observer/filing/0001493152-23-014730.txt

## Key facts
- M&A Transactions
  Bright Mountain Media, Inc. completed an acquisition involving Big Village Insights, Inc., Big Village Agency LLC, Big Village Group Inc., Deep Focus, Inc., EMX Digital Inc., Balihoo, Inc., and Big Village Media LLC for approximately $20 million (closed 2023-04-20).
  - Action: acquisition
  - Counterparty: Big Village Insights, Inc., Big Village Agency LLC, Big Village Group Inc., Deep Focus, Inc., EMX Digital Inc., Balihoo, Inc., and Big Village Media LLC
  - Consideration: approximately $20 million
  - Closing: 2023-04-20
  source text: On April 20, 2023, the Company completed the Acquisition for approximately $20 million, plus assumed liabilities, in an all-cash transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315223014730/0001493152-23-014730-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.