Bright Mountain Media, Inc. 8-K

What Happened

• In an 8‑K filed April 16, 2026, Bright Mountain Media, Inc. (BMTM) reported it did not regain compliance with the OTCQB minimum bid requirement. OTC Markets Group had notified the company that its bid price had closed below $0.01 for more than 30 consecutive calendar days and that it needed a $0.01+ closing bid for ten consecutive trading days by April 9, 2026. Because the company did not meet that requirement, its common stock began trading on the OTCID market tier as of April 10, 2026 under the symbol "BMTM."

Key Details

• OTC Markets found the company’s bid price below $0.01 for over 30 consecutive calendar days.
• Deadline to regain OTCQB compliance: April 9, 2026 (needed $0.01+ closing bid for 10 consecutive trading days).
• Result: Did not regain compliance; as of April 10, 2026 the stock is quoted on the OTCID tier under “BMTM.”
• Filing date of this disclosure: April 16, 2026 (Form 8‑K Item 8.01).

Why It Matters

• The company no longer met OTCQB Standards for Continued Eligibility and was moved to the OTCID tier. That change is a material market‑access update for shareholders: trading tier affects where the stock is quoted and can influence visibility and liquidity. Investors should note the change, monitor future company filings for updates, and consider how the tier shift may affect trading and information availability.