Bright Mountain Media, Inc. and its subsidiaries have entered into the Twenty-Seventh Amendment to their Amended and Restated Senior Secured Credit Agreement with Centre Lane Partners Master Credit Fund II, L.P. The amendment, effective June 29, 2026, defers a quarterly installment of approximately $840,000 on Second Out Loans from June 30, 2026, to December 20, 2026. Interest accrued on the Second Out Loans for the period ending June 30, 2026, totaling approximately $210,000, was made payable-in-kind instead of a cash payment. As consideration for the amendment, the Company will issue 2,980,903 shares of its common stock, representing 1.5% of the fully-diluted pro forma ownership as of June 30, 2026, to Centre Lane Partners. Following this issuance, Centre Lane Partners and its affiliates will collectively own approximately 28.8% of the Company's common stock. Approximately $1.7 million is due under the Credit Agreement as of September 30, 2026, with the full maturity date set for December 20, 2026, when approximately $93.2 million will be due.