Loop Media, INC

Loop Media, Inc. and its subsidiary Retail Media TV, Inc. have filed for Chapter 7 bankruptcy, initiating liquidation proceedings.

Loop Media, Inc. has defaulted on a loan agreement, leading to a planned public auction of substantially all its assets and an intent to deregister its securities.

Loop Media, Inc. received notices of acceleration from Alliance Funding Group, demanding immediate payment of $268,035 within 15 days.

Loop Media, Inc. received a notice of default and acceleration for $1,000,476 in loans, due within seven days, following failure to make payments.

Loop Media, Inc. has received a formal demand for immediate payment of $361,800 from Cara Communications Corporation under a license agreement, due within five business days.

Loop Media, Inc. has received a demand letter from ASCAP accelerating a $1,175,000 payment obligation, making the full amount immediately due.

Loop Media, Inc. reports significant revenue declines, recurring losses, and multiple debt defaults, raising substantial doubt about its ability to continue as a going concern.

Loop Media, Inc. has entered into a Securities Purchase Agreement with Red Road Holdings Corporation for a $165,900 convertible promissory note.

Loop Media obtains a $2 million revolving credit facility from Capital Foundry Funding, LLC, while navigating recurring losses and exploring strategic alternatives.

Loop Media's Q3 2024 results show a decrease in revenue and a net loss, alongside strategic cost-cutting measures and a focus on expanding subscription offerings.

Loop Media's Q2 2024 results reveal a decrease in revenue and a net loss, prompting cost-cutting measures and strategic reviews.

Loop Media's first quarter revenue declined by 31% year-over-year, primarily due to reduced political ad spending and a challenging macroeconomic environment.

Loop Media, Inc.'s recent 10-K filing outlines its capital structure, ongoing financial challenges, and strategic shifts amidst a volatile market.

Interim CEO of Loop Media, Justis Kao, reports receiving 6,000,000 shares of common stock as a bona fide gift on March 13, 2025.

Bruce A. Cassidy Sr., a director and 10% owner of Loop Media, Inc., acquired shares through a debt exchange and gifted shares, as detailed in a recent SEC Form 4 filing.

Interim CFO of Loop Media, Ari Roy Olgun, reports acquisition and disposal of restricted stock units.

Bruce A. Cassidy, Sr., a director and 10% owner of Loop Media, Inc., acquired a pre-funded warrant to purchase 4,347,826 shares of common stock at $0.2308 per share through Excel Family Partners, LLLP.

Chief Financial Officer of Loop Media, Neil Watanabe, reports the acquisition of 200,000 restricted stock units and disposal of 300,000 shares.

Director Jon Niermann of Loop Media, Inc. reports acquisition of 275,000 restricted stock units and disclaims beneficial ownership of certain shares held in trust.

Loop Media is asking stockholders to approve an amendment to its Restated Articles of Incorporation to increase the number of authorized common stock shares to 225,000,000 at the Annual Meeting of Stockholders to be held on September 19, 2024.

Running Wind LLC has filed an amended Schedule 13G, reporting a 4.68% beneficial ownership stake in Loop Media, Inc. common stock.

Dreamcatcher LLC has filed an amended Schedule 13G, disclosing a reduced beneficial ownership stake of 4.68% in Loop Media, Inc.'s common stock.