---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-026309"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2024-07-05T23:59:59+00:00"
generated_at: "2026-05-31T23:20:59.052173+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media enters Twentieth Amendment, extends credit maturity and modifies interest terms

## Summary
- Maturity of Nineteenth Amendment Term Loan extended from June 30, 2024 to December 31, 2024.
- Monthly principal+interest payments begin Sept 30, 2024; balance due Dec 31, 2024.
- Last Out Loan amortization: $100k quarterly from Sept 30, 2024, then 2.5% of outstanding from Mar 31, 2025.
- First Out Loans interest converted to 15% PIK from Apr 2024 to June 2025; optional extension with 2% PIK fee.
- Amendment fee of 2% of principal on Seventeenth/Nineteenth Amendment Term Loans added as PIK to outstanding balance.

## SEC filing metadata
- accession: 0001493152-24-026309
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2024-07-05T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315224026309/0001493152-24-026309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315224026309/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-026309
- JSON: https://secwatch.observer/filing/0001493152-24-026309.json
- Plain text: https://secwatch.observer/filing/0001493152-24-026309.txt

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