secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K/A
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001493152-23-014730
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223014730/0001493152-23-014730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000149315223014730/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-014730

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