secwatch.observer — SEC 8-K summary
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Issuer:     Bright Mountain Media, Inc. (BMTM)
CIK:        0001568385
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001493152-26-000784
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568385/000149315226000784/0001493152-26-000784-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568385/000149315226000784/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-000784

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