---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-001388"
form_type: "8-K"
ticker: null
cik: "0001643988"
company_name: "Loop Media, Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:53:54.821506+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Loop Media enters $800K subordinated loan with Agile Capital; refinances prior debt

## Summary
- $800,000 loan from Agile Capital; $157,417.50 used to repay Oct 2024 loan, $602,582.50 net for operations.
- Weekly payments of $37,066.67, 30-week maturity on Oct 23, 2025; prepayment options with discounts.
- Loan subordinated to future senior debt; security interest on assets but filing only upon default.
- Potential additional $500,000 advance in 4-6 weeks on similar terms (9-month repayment).
- Default rate: contract rate +5%; events of default include material adverse change.

## SEC filing metadata
- accession: 0001641172-25-001388
- form_type: 8-K
- cik: 0001643988
- company_name: Loop Media, Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643988/000164117225001388/0001641172-25-001388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643988/000164117225001388/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-001388
- JSON: https://secwatch.observer/filing/0001641172-25-001388.json
- Plain text: https://secwatch.observer/filing/0001641172-25-001388.txt

## Key facts
- Debt Financings
  Loop Media, Inc. incurred loan of $800,000.00 with Agile Capital Funding, LLC at fixed per annum rate (default rate of 5% additional upon event of default) maturing October 23, 2025.
  - Instrument: loan
  - Principal: $800,000.00
  - Counterparty: Agile Capital Funding, LLC
  - Rate: fixed per annum rate (default rate of 5% additional upon event of default)
  - Maturity: October 23, 2025
  - Event: incurrence
  source text: Agile Collateral Agent ”). The Agile Agreement provides for the issuance by the Company of a Subordinated Secured Promissory Note (the “ Agile Note ”) in the principal amount of $800,000.00 (the “ Agile Loan ”), representing, in part, a refinancing of existing indebtedness to the Agile Lender, which, as previously reported, was incurred by the Company on October 14,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643988/000164117225001388/0001641172-25-001388-index.htm

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