secwatch.observer — SEC 8-K summary
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Issuer:     Loop Media, Inc. (—)
CIK:        0001643988
Form:       8-K
Filed at:   2025-09-17T23:59:59+00:00
Accession:  0001493152-25-013894
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 2.04, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643988/000149315225013894/0001493152-25-013894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643988/000149315225013894/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-013894

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