Loop Media, Inc.: debt financing — Loop Media receives $361,800 demand from Cara Communications; payment due in 5 business days

Loop Media, Inc.

On July 15, 2025, Loop Media received a demand from Cara Communications Corp for immediate payment of $361,800 under a License Agreement dated Jan 20, 2023.
The amount is due within 5 business days; failure may lead CCC to enforce all available remedies.
This event triggers acceleration of a direct financial obligation under Item 2.04 of SEC rules.
No exhibits beyond the cover page were filed; no press release provided.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Loop Media, Inc. faced acceleration on debt of three hundred sixty-one thousand eight hundred dollars ($361,800) with Cara Communications Corporation.

Principal: three hundred sixty-one thousand eight hundred dollars ($361,800)
Counterparty: Cara Communications Corporation
Event: acceleration

Exact text from the filing

Cara Communications Corporation (" CCC ") declaring the full amount owed to it under that certain Fee-Based License Agreement by and between the Company and CCC, dated January 20, 2023, as amended (the " License Agreement "), immediately due and payable within five (5) business days of the Notice. The amount owed to CCC under the License Agreement is three hundred sixty-one thousand eight hundred dollars ($361,800).

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001641172-25-020456

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.