Centre Lane Partners Increases Stake in Bright Mountain Media, Inc. to 11.3%
Centre Lane Partners Master Credit Fund II, L.P. has filed an amended Schedule 13G/A, dated May 15, 2026, regarding its holdings in Bright Mountain Media, Inc. (BMTM). According to the filing, Centre Lane Partners Master Credit Fund II now directly holds 20,853,277 shares of Common Stock, representing 11.3% of the class. This reflects an increase from its previous position of 17,982,485 shares (9.9%). The filing also identifies 10th Lane Partners, LP as the investment advisor for both Centre Lane and BV Agency, LLC. 10th Lane Partners, LP exercises sole voting and dispositive power over a combined total of 47,257,261 shares, which includes BV Agency's 26,403,984 shares and Centre Lane's 20,853,277 shares, representing an aggregate beneficial ownership of 25.7% of the Issuer. The calculation is based on 183,955,495 shares outstanding as of May 7, 2026. The reporting persons certify that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.