secwatch.observer — SEC 8-K summary
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Issuer:     Loop Media, Inc. (—)
CIK:        0001643988
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0001641172-25-021060
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loop Media receives default notice on Agile loans; $1,000,476 accelerated due in 7 days
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/0001641172-25-021060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643988/000164117225021060/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-021060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer