debt
confidence high
sentiment negative
materiality 0.80
Loop Media receives default notice on Agile loans; $1,000,476 accelerated due in 7 days
Loop Media, Inc.
- July 21, 2025: notice of default and acceleration from Agile Lending for failure to make payments under Loan Documents.
- Accelerated aggregate amount of $1,000,476 due within seven days of the July 21 Notice.
- Loans originally consisted of $660,000 note (Dec 2024) and $800,000 note (Mar 2025).
- If unable to comply, Agile may pursue remedies including rights to collateral.
item 2.04item 9.01