---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-000784"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2026-01-07T23:59:59+00:00"
generated_at: "2026-05-16T11:21:35.737569+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media defers $600K payment, issues 2.87M shares to creditor

## Summary
- Deferred $600K quarterly installment and interest on Second Out Loans from Dec 31, 2025 to Mar 31, 2026.
- Issued 2,870,792 shares (1.5% pro forma fully-diluted) to Centre Lane Partners as consideration.
- Centre Lane Partners now beneficially owns 26.4% of common stock.
- Total debt: ~$2.2M due Mar 31, 2026 and ~$90.5M due at maturity Dec 20, 2026.

## SEC filing metadata
- accession: 0001493152-26-000784
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2026-01-07T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315226000784/0001493152-26-000784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315226000784/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-000784
- JSON: https://secwatch.observer/filing/0001493152-26-000784.json
- Plain text: https://secwatch.observer/filing/0001493152-26-000784.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.
  - Instrument: credit facility
  - Counterparty: Centre Lane Partners Master Credit Fund II, L.P., as Administrative Agent
  - Event: amendment
  source text: The principal changes to the Credit Agreement made in the Twenty-Fourth Amendment include, but are not limited to, the following: (i) Adjusting the amortization of the Second Out Loans such that the quarterly installment due on December 31, 2025 with respect to the Second Out Loans was deferred in its entirety until March 31, 2026; and (ii) Adjusting the timing of the payment of interest accrued on the Second Out Loans for the interest period ended December 31, 2025 such that the interest payment for the Second Out Loans due on December 31, 2025 was deferred in its entirety until March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315226000784/0001493152-26-000784-index.htm

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