Loop Media, Inc. Files 8-K on Financial Obligations
| Field | Detail |
|---|---|
| Company | Loop Media, Inc. |
| Form Type | 8-K |
| Filed Date | Sep 17, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.935 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financial-obligation, 8-k
TL;DR
Loop Media 8-K filed: Financial obligations accelerated or increased. Watch closely.
AI Summary
Loop Media, Inc. filed an 8-K on September 17, 2025, reporting on triggering events that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement, as well as other events. The report covers events occurring on September 5, 2025. The company is incorporated in Nevada and its principal executive offices are located in Burbank, California.
Why It Matters
This filing indicates potential changes or accelerations in Loop Media's financial obligations, which could impact its financial health and operational capacity.
Risk Assessment
Risk Level: medium — Filings related to financial obligations can signal potential distress or significant changes in a company's debt structure.
Key Players & Entities
- Loop Media, Inc. (company) — Registrant
- September 5, 2025 (date) — Earliest event reported
- September 17, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- Burbank, CA (location) — Principal executive offices
FAQ
What specific financial obligations are being accelerated or increased by Loop Media, Inc.?
The filing indicates that triggering events have occurred that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of these obligations are not provided in the provided text.
What are the 'Other Events' mentioned in the 8-K filing?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided excerpt.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on September 5, 2025.
What is the filing date of this 8-K report for Loop Media, Inc.?
This 8-K report was filed on September 17, 2025.
Where are Loop Media, Inc.'s principal executive offices located?
Loop Media, Inc.'s principal executive offices are located at 2600 West Olive Avenue, Suite 5470, Burbank, CA 91505.
Filing Stats: 977 words · 4 min read · ~3 pages · Grade level 15.4 · Accepted 2025-09-17 16:36:24
Key Financial Figures
- $1.935 million — ns under the Agreement of approximately $1.935 million (the "Obligations"). On September 5,
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-25-013894.txt ( ) — 194KB
- lptv-20250905.xsd (EX-101.SCH) — 3KB
- lptv-20250905_lab.xml (EX-101.LAB) — 33KB
- lptv-20250905_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED 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): September 5, 2025 LOOP MEDIA, INC. (Exact name of registrant as specified in its charter) Nevada 001-41508 47-3975872 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 2600 West Olive Avenue , Suite 5470 Burbank , CA 91505 (Address of principal executive offices, including zip code) (213) 436-2100 (Registrant's telephone number, including area code) 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: 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 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 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. As previously disclosed, effective February 3, 2025, Loop Media, Inc. (the "Company") and Retail Media TV, Inc., a wholly-owned subsidiary of the Company ("Retail Media" and together with the Company, the "Borrowers"), entered into a Loan and Security Agreement (the "Agreement") with Capital Foundry Funding, LLC (together with its affiliates, "Capital Foundry") for a revolving line of credit facility. Under the Agreement, the Borrowers granted to Capital Foundry a first-priority security interests on all of each Borrower's present and future property and assets, including the products and proceeds thereof (collectively, the "Collateral"). As of September 1, 2025, the Borrowers had outstanding obligations under the Agreement of approximately $1.935 million (the "Obligations"). On September 5, 2025, Capital Foundry delivered a notice of its reservation of rights under the Agreement, outlining that the Borrowers were in Default under the Loan Agreement for reasons including, but not limited to, having exceeded the Maximum Credit Amount (as defined under the Agreement) and the Borrowers not immediately paying Capital Foundry the excess of such Maximum Credit Amount, as required under the Agreement, and certain other defaults . On September 10, 2025, Capital Foundry delivered to the Borrowers a notice of disposition of collateral notifying the Borrowers that it intends to sell the Collateral in a public auction to be held on September 25, 2025 (the "Auction") to satisfy the Borrowers' outstanding Obligations under the Agreement. The Company expects that substantially all of its remaining assets will be sold in the Auction to satisfy the Obligations. To the extent the Auction concludes with the sale of substantially all of the Company's assets, the value of the Company's securities would decline dramatically or become worthless. Item 8.01 Other Events. On September 17, 2025, in connection with the proposed disposition of substantially all of the Company's assets and the potential winding up of the Company, the Company intends to file a Form 15 with the Securities and Exchange Commission (the "SEC") to deregister its securities under Section 12(g) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") and suspend its reporting obligations under the Exchange Act. FORWARD-LOOKING This Current Report on Form 8-K includes certain statements that may constitute "forward-looking statements" for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "wou