Bright Mountain Media shareholdings update by 10th Lane
Bright Mountain Media Schedule 13G/A amendment reports that 10th Lane Partners and Centre Lane Partners Master Credit Fund II, L.P. together exercise voting and dispositive power over significant stakes in the company.
Rhea-AI Filing Summary
Bright Mountain Media Schedule 13G/A amendment reports that 10th Lane Partners and Centre Lane Partners Master Credit Fund II, L.P. together exercise voting and dispositive power over significant stakes in the company. 10th Lane is named as investment advisor with 47,257,261 shares under sole voting and dispositive power. Centre Lane directly holds 20,853,277 shares. The filing cites 183,955,495 shares outstanding as of May 7, 2026 as the basis for percentage calculations, reporting 25.7% and 11.3% ownership stakes respectively. The cover notes BV Agency, LLC directly holds 26,403,984 shares, with 10th Lane serving as advisor for BV and Centre Lane.
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Insights
Large institutional positions disclosed; voting control concentrated.
The amendment shows 10th Lane Partners controls voting and dispositive power over 47,257,261 shares, representing 25.7% of the reported class based on the issuer's May 7, 2026 outstanding figure. That degree of concentrated voting power can affect shareholder proposals and board-related votes.
Future filings may show whether these holdings trigger coordination or schedule changes; the filing states 10th Lane is an investment advisor for BV and Centre Lane, and lists record holders with direct holdings.
Disclosure clarifies beneficial ownership and advisor relationships.
The report attributes 26,403,984 shares to BV Agency, LLC and 20,853,277 shares to Centre Lane, while identifying 10th Lane as the investment advisor with sole control over those positions. Percentages are based on 183,955,495 shares outstanding as of May 7, 2026.
Because percentages are provided, stakeholders can gauge voting influence; cash‑flow treatment or intended trading activity is not stated in the excerpt.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
sole dispositive power regulatory
investment advisor market
FAQ
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What stake does 10th Lane Partners report in Bright Mountain Media (BMTM)?
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