Bright Mountain Media sells Mom.com for $1.1M

Bright Mountain Media, Inc. entered a material agreement to sell the www.mom.com domain and related social media accounts to Static Media, Inc. for $1.1 million through its subsidiary CL Media Holdings LLC.

Rhea-AI Filing Summary

Bright Mountain Media, Inc. entered a material agreement to sell the www.mom.com domain and related social media accounts to Static Media, Inc. for $1.1 million through its subsidiary CL Media Holdings LLC.

Under its amended senior secured Credit Agreement with Centre Lane Partners and other lenders, the company agreed to use proceeds to prepay approximately $613,000 of First Out Loans within ten days of closing, fully satisfying the June 30, 2026 First Out amortization payment. All other amounts due on June 30, 2026, including the amortization on Second Out Loans, will be paid-in-kind rather than in cash, for an aggregate of about $1.0 million. Other terms of the Credit Agreement remain unchanged.

Insights

Credit and capital structure analyst

Asset sale funds partial debt paydown while easing a 2026 cash hump.

Bright Mountain Media is monetizing a non-core digital asset, selling the www.mom.com domain and related social accounts to Static Media for $1.1 million. This converts an intangible asset into cash and directly interacts with its senior secured debt structure.

Roughly $613,000 of sale proceeds are earmarked to prepay First Out Loans, fully covering the June 30, 2026 First Out amortization. Remaining June 30, 2026 obligations of about $1.0 million will be paid-in-kind, conserving cash but increasing principal.

The net effect is modest deleveraging and a near-term liquidity benefit at the cost of capitalizing interest-like obligations. Longer-term impact depends on future cash generation and any additional asset sales disclosed in subsequent filings.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Domain sale price: $1.1 million First Out Loan prepayment: approximately $613,000 Paid-in-kind June 30, 2026 payments: approximately $1.0 million +1 more

4 metrics

Domain sale price $1.1 million Consideration for www.mom.com domain and related social media

First Out Loan prepayment approximately $613,000 Prepayment within ten days of closing, applied to June 30, 2026 amortization

Paid-in-kind June 30, 2026 payments approximately $1.0 million All other amounts due under Credit Agreement on June 30, 2026

CLP Consent date June 10, 2026 Date of CLP Consent amending Credit Agreement terms

Key Terms

Material Definitive Agreement, paid-in-kind, First Out Loans, Second Out Loans, +2 more

6 terms

Material Definitive Agreement regulatory

"Item 1.01 Entry into a Material Definitive Agreement."

A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.

paid-in-kind financial

"will be paid-in-kind instead of paid in cash, which amounts represented"

Paid-in-kind describes an arrangement where a borrower pays interest or returns not with cash but by issuing more of the same security (extra bonds or shares) or by increasing the loan balance. For investors this matters because it conserves the issuer’s cash but can dilute ownership or increase debt over time, changing expected cash payments, risk and the real value of an investment much like being paid with an IOU instead of cash.

First Out Loans financial

"prepay approximately $613,000 of the First Out Loans (as defined in the Credit Agreement)"

Second Out Loans financial

"including the amortization payment due on the Second Out Loans (as defined in the Credit Agreement)"

Amended and Restated Senior Secured Credit Agreement financial

"pursuant to that certain Amended and Restated Senior Secured Credit Agreement among the Company"

Emerging growth company regulatory

"Emerging growth company Item 1.01 Entry into a Material Definitive Agreement."

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What asset did Bright Mountain Media (BMTM) sell in this 8-K?

Bright Mountain Media sold all rights to the domain name www.mom.com and related social media accounts to Static Media, Inc. This transaction was executed through its wholly owned subsidiary CL Media Holdings LLC as part of a material definitive agreement.

How much did Bright Mountain Media receive for the sale of www.mom.com?

The company received a purchase price of $1.1 million for the www.mom.com domain and associated social media handles. This cash consideration is being used in part to prepay outstanding First Out Loans under its senior secured Credit Agreement.

How will Bright Mountain Media use proceeds from the www.mom.com sale?

Within ten days of closing, Bright Mountain Media agreed to prepay approximately $613,000 of First Out Loans from the sale proceeds. This prepayment fully satisfies the June 30, 2026 First Out amortization payment under its Amended and Restated Senior Secured Credit Agreement.

What happens to Bright Mountain Media’s other debt payments due June 30, 2026?

All other amounts due under the Credit Agreement on June 30, 2026, including the amortization on Second Out Loans, will be paid-in-kind. These obligations total approximately $1.0 million, preserving cash while adding to the outstanding loan balance instead of paying cash.

Did the Credit Agreement otherwise change for Bright Mountain Media (BMTM)?

Aside from consent to the domain sale and the specified prepayment and paid-in-kind changes for June 30, 2026 obligations, the Credit Agreement’s other terms remained unchanged. The CLP Consent did not amend or alter any additional provisions of the existing senior secured facility.

Who are the lenders involved in Bright Mountain Media’s Credit Agreement?

The lenders are parties to an Amended and Restated Senior Secured Credit Agreement among Bright Mountain Media, its subsidiaries, and Centre Lane Partners Master Credit Fund II, L.P. Centre Lane Partners acts as Administrative Agent and Collateral Agent for these lenders under the June 5, 2020 agreement, as amended.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 03:01 PM Learn about SEC filing dates

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 16, 2026

Bright Mountain Media, Inc.

(Exact name of Registrant as Specified in Its Charter)

Florida			000-54887	27-2977890
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
6400 Congress Avenue Suite 2050
Boca Raton, Florida				33487
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 561 998-2440

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On June 10, 2026, Bright Mountain Media, Inc., a Florida corporation (the “Company”), through its wholly owned subsidiary, CL Media Holdings LLC, a Delaware limited liability company (“CL Media”), entered into that certain Domain Name and Social Media Handles Purchase and Sale Agreement with Static Media, Inc. (“Static”), pursuant to which the Company sold, assigned, transferred, conveyed, and delivered to Static all right, title, and interest in and to the domain name “www.mom.com” (the “Domain Name”) and certain social media accounts related to the Domain Name for a purchase price of $1.1 million (the “Domain Name Sale”).

In connection with the closing of the Domain Name Sale, the Company was required to obtain the consent (the “CLP Consent”) of Centre Lane Partners Master Credit Fund II, L.P. (“Centre Lane Partners”) and the Lenders (as defined below) to the Domain Name Sale pursuant to that certain Amended and Restated Senior Secured Credit Agreement among the Company, the Company’s subsidiaries—CL Media, Bright Mountain LLC, MediaHouse, Inc., Deep Focus Agency LLC, and BV Insights LLC—the lenders party thereto (the “Lenders”), and Centre Lane Partners, as Administrative Agent and Collateral Agent, dated June 5, 2020, as amended (the “Credit Agreement”).

In addition to the consent of Centre Lane Partners and the Lenders to the Domain Name Sale, the CLP Consent included certain amendments to the Credit Agreement, including the following:

•Within ten days of the closing of the Domain Name Sale, the Company agreed to prepay approximately $613,000 of the First Out Loans (as defined in the Credit Agreement) outstanding under the Credit Agreement from the proceeds of the Domain Name Sale, which prepayment shall be applied to the amortization payment due on the First Out Loans under the Credit Agreement on June 30, 2026 (the “June 2026 First Out Amortization Payment”) in full fulfillment of the June 2026 First Out Amortization Payment.

•All other amounts due under the Credit Agreement on June 30, 2026, including the amortization payment due on the Second Out Loans (as defined in the Credit Agreement), will be paid-in-kind instead of paid in cash, which amounts represented approximately $1.0 million in the aggregate.

Aside from the foregoing, the CLP Consent did not amend or otherwise alter any other terms of the Credit Agreement. The terms and conditions of the CLP Consent are qualified in their entirety by reference to the CLP Consent, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1, which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		CLP Consent dated June 10, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Bright Mountain Media, Inc.
Date:	June 16, 2026	By:	/s/ Ari Olgun
			Ari Olgun Chief Financial Officer

Filing Exhibits & Attachments

2 documents

Agreements & Contracts

• EX-10.1 EX-10.1 61.7 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 24.4 KB