{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-000081","form_type":"8-K","ticker":"BMTM","cik":"0001568385","company_name":"Bright Mountain Media, Inc.","filed_at":"2025-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.030274+00:00","generated_at":"2026-05-28T18:14:22.114477+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bright Mountain Media borrows $1.9M to bond $1.7M judgment; issues 5M shares to lender affiliate","bullets":["Borrowed approx. $1.9M under 21st Amendment to credit agreement to secure bond staying $1.7M Ladenburg judgment pending appeal.","Loan matures on earlier of litigation resolution or April 20, 2026; interest mix of cash (0-5%) and PIK (10-15%).","Issued 5,001,991 shares (2.5% fully-diluted) to lender affiliate; Centre Lane Partners now owns ~23.6% of common stock.","Loan is senior secured by all assets and capital stock of company and subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-000081","json":"https://secwatch.observer/filing/0001493152-25-000081.json","markdown":"https://secwatch.observer/filing/0001493152-25-000081.md","text":"https://secwatch.observer/filing/0001493152-25-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568385/000149315225000081/0001493152-25-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568385/000149315225000081/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T18:14:22.114477+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}