---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-013894"
form_type: "8-K"
ticker: null
cik: "0001643988"
company_name: "Loop Media, Inc."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:22:22.246630+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Loop Media defaults on $1.935M loan; all assets to be auctioned Sep 25

## Summary
- Capital Foundry declared default for exceeding credit limit; outstanding obligations ~$1.935M.
- Notice of disposition: public auction of substantially all collateral set for September 25, 2025.
- Company intends to file Form 15 on Sep 17 to deregister securities and suspend SEC reporting.
- After auction, expected that substantially all assets sold; securities may become worthless.

## SEC filing metadata
- accession: 0001493152-25-013894
- form_type: 8-K
- cik: 0001643988
- company_name: Loop Media, Inc.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.04, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643988/000149315225013894/0001493152-25-013894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643988/000149315225013894/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-013894
- JSON: https://secwatch.observer/filing/0001493152-25-013894.json
- Plain text: https://secwatch.observer/filing/0001493152-25-013894.txt

## Key facts
- Debt Financings
  Loop Media, Inc. reported a default on revolving credit of approximately $1.935 million with Capital Foundry Funding, LLC.
  - Instrument: revolving credit
  - Principal: approximately $1.935 million
  - Counterparty: Capital Foundry Funding, LLC
  - Event: default
  source text: the products and proceeds thereof (collectively, the “Collateral”). As of September 1, 2025, the Borrowers had outstanding obligations under the Agreement of approximately $1.935 million (the “Obligations”). On September 5, 2025, Capital Foundry delivered a notice of its reservation of rights under the Agreement, outlining that the Borrowers were in Default under
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643988/000149315225013894/0001493152-25-013894-index.htm

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