{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-021060","form_type":"8-K","ticker":null,"cik":"0001643988","company_name":"Loop Media, Inc.","filed_at":"2025-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.548840+00:00","generated_at":"2026-05-18T01:10:00.728755+00:00","sec_items":["2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Loop Media receives default notice on Agile loans; $1,000,476 accelerated due in 7 days","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-021060","json":"https://secwatch.observer/filing/0001641172-25-021060.json","markdown":"https://secwatch.observer/filing/0001641172-25-021060.md","text":"https://secwatch.observer/filing/0001641172-25-021060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/0001641172-25-021060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T01:10:00.728755+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4abaab28b7a547d9b8d5f6764c3d62482043a5fc","claim":"Loop Media, Inc. faced acceleration on loan of $800,000 with Agile Lending, LLC and Agile Capital Funding, LLC as collateral agent.","evidence_excerpt":"of $660,000 (the “ Agile $660,000 Note ” and such loan, the “ Agile $660,000 Loan ”); and ● Subordinated Business Loan and Security Agreement dated March 25, 2025 (the “ Agile $800,000 Loan Agreement ”), evidenced by a Subordinated Secured Promissory Note in the original principal amount of $800,000 (the “ Agile $800,000 Note ” and such loan, the “ Agile","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/0001641172-25-021060-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$800,000"},{"label":"Counterparty","value":"Agile Lending, LLC and Agile Capital Funding, LLC as collateral agent"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"b281bbff77f0a592889be74dea90c1a146c89ff5","claim":"Loop Media, Inc. faced acceleration on loan of $660,000 with Agile Lending, LLC and Agile Capital Funding, LLC as collateral agent.","evidence_excerpt":"agent (the “ Agile Collateral Agent ” and together with Agile, the “ Lender ”): ● Subordinated Business Loan and Security Agreement dated December 27, 2024 (the “ Agile $660,000 Loan Agreement ”), evidenced by a Subordinated Secured Promissory Note in the original principal amount of $660,000 (the “ Agile $660,000 Note ” and such loan, the “ Agile","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/0001641172-25-021060-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$660,000"},{"label":"Counterparty","value":"Agile Lending, LLC and Agile Capital Funding, LLC as collateral agent"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}