Bright Mountain Media, Inc. 8-K

What Happened
Bright Mountain Media, Inc. (OTCQB: BMTM) announced in an 8-K that OTC Markets notified the company on December 9, 2025 that its closing bid price had been below $0.01 for more than 30 consecutive days, making it non‑compliant with OTCQB standards. The company received a 90‑day cure period to achieve a minimum $0.01 closing bid for ten consecutive trading days; that deadline was extended on March 9, 2026 to April 9, 2026. Management could not regain compliance as of the filing and expects BMTM to begin trading on the OTCID tier under the same symbol on April 10, 2026.

Key Details

• OTC notice date: December 9, 2025; cure period: 90 calendar days to reach $0.01 closing bid for 10 consecutive trading days.
• Extension granted by OTC Markets on March 9, 2026, moving the cure deadline to April 9, 2026.
• Immediate delisting trigger: if closing bid falls below $0.001 for five consecutive trading days, the company will be immediately removed from OTCQB.
• Management considered a reverse stock split or other measures to raise the share price but declined due to costs, administrative burden, and low trading volume.

Why It Matters
A move from OTCQB to the OTCID tier typically reduces visibility and may further limit liquidity for shareholders. The company’s decision not to pursue a reverse split or other price-restoration actions means the likely transfer to OTCID could occur absent a short-term price improvement by April 9, 2026. Investors should note the specific price thresholds and dates above when assessing trading risk and liquidity for BMTM shares.