---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017092"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:34:56.354916+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media amends credit agreement: defers payments, issues 2.83M shares to lenders

## Summary
- First Out Loans quarterly amortization for Sept 30 2025 reduced from $575K to $250K, with deferred balance due at maturity Dec 20, 2026.
- Second Out Loans quarterly installment of ~$390K deferred in entirety to Dec 20, 2026.
- Interest payment of ~$257K for Sept 30 2025 payable-in-kind instead of cash.
- Company issued 2,832,485 shares of common stock (1.5% fully-diluted) to Centre Lane Partners as consideration, raising their ownership to ~25%.
- Total outstanding under credit agreement ~$83.3M as of Oct 6, 2025, including ~$1.2M due Dec 31, 2025.

## SEC filing metadata
- accession: 0001493152-25-017092
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315225017092/0001493152-25-017092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315225017092/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017092
- JSON: https://secwatch.observer/filing/0001493152-25-017092.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017092.txt

## Key facts
- Debt Financings
  Bright Mountain Media, Inc. amended credit facility with Centre Lane Partners Master Credit Fund II, L.P., as Administrative Agent and Collateral Agent.
  - Instrument: credit facility
  - Counterparty: Centre Lane Partners Master Credit Fund II, L.P., as Administrative Agent and Collateral Agent
  - Event: amendment
  source text: Effective as of September 30, 2025, the Company and its subsidiaries, CL Media Holdings LLC, Bright Mountain LLC, MediaHouse, Inc., Deep Focus Agency LLC, and BV Insights LLC, Centre Lane Partners, and the Lenders entered into the Twenty-Third Amendment to Amended and Restated Senior Secured Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315225017092/0001493152-25-017092-index.htm

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