UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Mark One)
| [X] | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |
| For the quarterly period ended March 31, 2020 | ||
| or | ||
| [ ] | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |
| For the transition period from ___________ to ___________ |
Commission File Number 000-54887
Bright Mountain Media, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Florida | 27-2977890 | |
State or Other Jurisdiction of Incorporation or Organization | I.R.S. Employer Identification No. |
| 6400 Congress Avenue, Suite 2050, Boca Raton, FL | 33487 | |
| Address of Principal Executive Offices | Zip Code |
561-998-2440
Registrant’s Telephone Number, Including Area Code
Not applicable
Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| None |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes [X] No [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer [ ] | Accelerated filer [ ] | |
| Non-accelerated filer [X] | Smaller reporting company [X] | |
| Emerging growth company [X] |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes [ ] No [X]
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
As of July 9, 2020 there were 107,757,860 shares of the issuer’s common stock issued and outstanding.
EXPLANATORY NOTE
The purpose of this Amendment No. 1 to Bright Mountain Media, Inc.’s (the “Company”) Quarterly Report on Form 10-Q (“Quarterly Report”) for the quarterly period ended March 31, 2020 is to disclose that the Company has relied upon Securities and Exchange Commission Order (Release No. 34-88465) dated March 25, 2020 (“Order”), to extend the original filing date of its Quarterly Report to June 29, 2020 (45 days after the original due date).
The Company needed to rely upon the Order to overcome the burden of limited access to its facilities, support staff and Company resources as a result of the COVID-19 pandemic, all of which resulted in unforeseen delays in the preparation and filing of its Quarterly Report.
No other changes have been made to the Quarterly Report. This Amendment No. 1 speaks as of the original filing date and has not been updated to reflect events occurring subsequent to the original filing date.
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ITEM 6. EXHIBITS.
| No. | Exhibit Description | Form | Date Filed | Number | Herewith | |||||
| 31.1 | Rule 13a-14(a)/15d-14(a) certification of Chief Executive Officer | Filed | ||||||||
| 31.2 | Rule 13a-14(a)/15d-14(a) certification of principal financial and accounting officer | Filed | ||||||||
| 32.1 | Section 1350 certification of Chief Executive Officer and principal financial and accounting officer | Filed |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| BRIGHT MOUNTAIN MEDIA, INC. | ||
| July 9, 2020 | By: | /s/ W. Kip Speyer |
| W. Kip Speyer, Chief Executive Officer | ||
| By: | /s/ Alan Bergman | |
| Alan Bergman, Chief Financial Officer | ||
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