Bright Mountain Media Inc. has announced an amendment to its existing Amended and Restated Senior Secured Credit Agreement with Centre Lane Partners Master Credit Fund II, L.P. and other lenders. Under the Twenty-Fourth Amendment, the company deferred both the quarterly principal installment and the interest payment on its Second Out Loans, originally due December 31, 2025, to March 31, 2026. The total amount of the deferred payments is approximately $600,000. As part of the amendment, Bright Mountain Media will issue 2,870,792 shares of common stock, representing 1.5% of its fully-diluted pro forma ownership as of December 31, 2025, to Centre Lane Partners, increasing their beneficial ownership to about 26.4%. The company will owe approximately $2.2 million under the Credit Agreement as of March 31, 2026, and about $90.5 million will be due at maturity on December 20, 2026.

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