Bright Mountain Media, Inc. 8-K Filing Summary

Bright Mountain Media, Inc. (the "Company"), through its subsidiary CL Media Holdings LLC, has sold the domain name "www.mom.com" and related social media accounts to Static Media, Inc. for $1.1 million. This transaction required the consent of Centre Lane Partners and the Lenders under the Credit Agreement. As part of the agreement, the Company will prepay approximately $613,000 of its First Out Loans using the proceeds from the sale, satisfying the June 30, 2026 amortization payment. Other amounts due on June 30, 2026, including the Second Out Loans amortization, will be paid-in-kind, totaling approximately $1.0 million. The Credit Agreement remains largely unchanged otherwise. The filing also includes the consent letter and acknowledgment forms related to this transaction.