---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029336"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2023-08-17T23:59:59+00:00"
generated_at: "2026-06-11T07:41:41.945565+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media appoints Jeff Hirsch as director; amends warrants on 15.3M shares to $0.40, extends term

## Summary
- Appointed Jeff Hirsch, former PubMatic CCO, as independent director effective Aug 15, 2023.
- Board amended director compensation: quarterly cash $10,000 director, $5,000 committee chair; 100,000 shares/yr pro-rata.
- Board approved amending warrants held by Spartan Capital affiliates for ~15.3M shares; exercise price reduced from $0.65-$0.75 to $0.40.
- Warrant term extended to June 30, 2025 or December 31, 2025; company to file Form S-1 for resale registration.

## SEC filing metadata
- accession: 0001493152-23-029336
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2023-08-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315223029336/0001493152-23-029336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315223029336/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029336
- JSON: https://secwatch.observer/filing/0001493152-23-029336.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029336.txt

## Key facts
- Executive change
  Jeff Hirsch was appointed as Director at Bright Mountain Media, Inc..
  - Action: appointed
  - Role: Director
  source text: On August 15, 2023, the Board of Directors (the “Board”) of Bright Mountain Media, Inc. (the “Company”) appointed Jeff Hirsch as a director of the Company, effective as of August 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315223029336/0001493152-23-029336-index.htm

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