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LPTV enters Chapter 7 with trustee to liquidate assets

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Loop Media, Inc. (LPTV) filed for Chapter 7 bankruptcy. On October 9, 2025, the company and its wholly owned subsidiary, Retail Media TV, Inc., commenced voluntary Chapter 7 cases in the U.S. Bankruptcy Court for the District of Nevada. A Chapter 7 trustee, W. Donald Gieseke, has been appointed to administer the cases and liquidate the Debtors’ assets under the Bankruptcy Code.

The initial meeting of creditors is scheduled for November 6, 2025 at 2:30 p.m. Pacific Time. The filings may trigger defaults or accelerations under certain contracts and debt instruments, though these actions may be stayed by the Bankruptcy Code’s automatic stay. The company’s audit for the fiscal year ended September 30, 2025 was not completed, and the company states it will no longer have the capability to prepare and file its Annual Report on Form 10-K or other periodic reports.

Positive

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Negative

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Insights

Chapter 7 places Loop Media into court‑supervised liquidation.

Loop Media entered voluntary Chapter 7 on October 9, 2025, with a trustee appointed to liquidate assets. This indicates cessation of operating activities in favor of an orderly wind‑down, with proceeds distributed per statutory priority.

The filing notes possible events of default and accelerations under agreements and debt instruments; however, the automatic stay under 11 U.S.C. §362 can pause enforcement actions. Credit recoveries will depend on asset realizations and claim seniority rather than ongoing business performance.

A creditors’ meeting is set for November 6, 2025 at 2:30 p.m. Pacific Time. The company also states it will not file its Form 10‑K or further periodic reports, limiting financial transparency during liquidation.

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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): 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

 

 

 

FAQ

What did Loop Media (LPTV) announce in its 8-K?

Loop Media and its subsidiary filed voluntary Chapter 7 bankruptcy on October 9, 2025 in the District of Nevada.

Who is the Chapter 7 trustee for LPTV?

W. Donald Gieseke has been appointed as the Chapter 7 trustee to administer the cases and liquidate assets.

When is Loop Media’s creditors’ meeting?

The initial meeting of creditors is scheduled for November 6, 2025 at 2:30 p.m. Pacific Time.

Will Loop Media continue SEC reporting?

No. The company states it will no longer have the capability to prepare and file its Form 10-K or other periodic reports.

Where were the bankruptcy cases filed and what are the case numbers?

In the U.S. Bankruptcy Court for the District of Nevada under Case Nos. 25-50945 and 25-50944.

Could the bankruptcy trigger defaults under LPTV’s agreements?

The filings may trigger events of default or accelerations, though actions may be stayed under 11 U.S.C. §362.
Loop Media Inc

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