false
0001643988
0001643988
2025-10-09
2025-10-09
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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): October 9, 2025
Loop
Media, Inc.
(Exact
Name of Registrant as Specified in Charter)
| Nevada |
|
001-41508 |
|
47-3975872 |
| (State or Other Jurisdiction |
|
(Commission |
|
(IRS Employer |
| of Incorporation) |
|
File Number) |
|
Identification No.) |
2600
West Olive Avenue, Suite 54470
Burbank,
CA |
|
91505 |
| (Address of Principal Executive
Offices) |
|
(Zip Code) |
Registrant’s
telephone number, including area code: (213) 436-2100
N/A
(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 (see General Instruction A.2. below):
| ☐ |
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 or to be registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| N/A |
|
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
1.03 Bankruptcy or Receivership.
On
October 9, 2025, Loop Media, Inc. (the “Company”), and its wholly-owned subsidiary, Retail Media TV, Inc. (“RMTV”
and collectively, the “Debtors”), each filed a voluntary petition for relief (the “Bankruptcy Filings”) under
Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”). The Debtors’
Bankruptcy Filings were lodged in the United States Bankruptcy Court for the District of Nevada (the “Bankruptcy Court”)
under Case Nos. 25-50945 and 25-50944, respectively (the “Bankruptcy Cases”).
As
a result of the Bankruptcy Filings, W. Donald Gieseke has been appointed as Chapter 7 trustee and he will administer the Debtors’
Bankruptcy Cases, including liquidating assets of the Debtors in accordance with the Bankruptcy Code. Pursuant to 11 U.S.C. §341(a),
an initial meeting of creditors has been scheduled for November 6, 2025, at 2:30 p.m. Pacific Time, and the Notice of Chapter 7 Bankruptcy
Case filing has been mailed to all known creditors.
Item
2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or Obligation under an Off-Balance Sheet Arrangement.
The
Bankruptcy Filings may trigger events of default under certain of the Debtors’ contracts, agreements or debt instruments,
which may result in the termination of, or an acceleration of the Debtors’ obligations under, such contracts, agreements or debt
instruments. Such events of defaults, however, may be stayed pursuant to 11 U.S.C. §362.
Item
8.01. Other Events.
The
audit of the Company’s financial statements for its fiscal year ended September 30, 2025, by the Company’s independent registered
public accounting firm was not completed, and the Company will no longer have the capability to prepare and file with the Securities
and Exchange Commission the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2025, or any other periodic
reports.
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.
| Date: |
October 17, 2025 |
LOOP MEDIA, INC. |
| |
|
|
| |
|
By: |
/s/
Justis Kao |
| |
|
|
Justis Kao, Chief Executive Officer |