Bruce A. Cassidy Sr. - 20 Feb 2025 Form 4 Insider Report for Loop Media, Inc. (LPTV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Mar 2025, 21:50:50 UTC
Prior SEC filing
20 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bruce A. Cassidy, Sr.

Key filing fact

Bruce A. Cassidy Sr. filed Form 4 for Loop Media, Inc. (LPTV) on 17 Mar 2025.

Key facts

  • This page summarizes Bruce A. Cassidy Sr.'s Form 4 filing for Loop Media, Inc. (LPTV).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2025, 21:50.

Change

  • Previous filing in this sequence was filed on 20 Sep 2024.
  • Current net transaction value: +$1,103,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LPTV transaction

Common Stock

Other

Transaction value
$1,103,000
Shares
+26,261,905
Change %
+196%
Price
$0.0420
Shares after
39,640,130
Date
20 Feb 2025
Ownership
By Excel Family Partners, LLLP
Footnotes
F1, F2, F3
LPTV transaction

Common Stock

Gift

Transaction value
$0
Shares
-6,000,000
Change %
-15%
Price
$0.000000
Shares after
33,640,130
Date
13 Mar 2025
Ownership
By Excel Family Partners, LLLP
Footnotes
F2, F3, F4
LPTV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,738,889
Date
20 Feb 2025
Ownership
By Eagle Investment Group, LLC
Footnotes
F3, F5
LPTV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,001
Date
20 Feb 2025
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents the acquisition of shares of the issuer's common stock pursuant to an exchange agreement between the issuer and Excel Family Partners, LLLP ("Excel"), whereby the issuer issued to Excel a secured non-revolving line of credit promissory note in the original principal amount of $1,000,000 on or around March 28, 2024 (as amended from time to time, the "Note"), under which the total outstanding balance as of February 20, 2025 was $1,103,000 (the "Outstanding Balance"), consisting of $1,000,000 of principal and $103,000 of accrued interest. Excel and the issuer agreed that Excel would exchange the Outstanding Balance into shares of common stock of the issuer at an exchange rate equal to $0.042 per share, resulting in the total amount of shares acquired, and reported on this Form 4.

Footnote F2

Mr. Cassidy is Manager of Excel's general partner.

Footnote F3

Mr. Cassidy disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Footnote F4

Bona fide gift from Excel.

Footnote F5

Mr. Cassidy is Manager of Eagle Investment Group, LLC.

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