Bankruptcy, Acceleration/Increase of Financial Obligation, Financial Obligation (Form 8-K)

Item 1.03 Bankruptcy or Receivership.

On October 9, 2025, Loop Media, Inc. (the "Company"), and its wholly-owned subsidiary, Retail Media TV, Inc. ("RMTV" and collectively, the "Debtors"), each filed a voluntary petition for relief (the "Bankruptcy Filings") under Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the "Bankruptcy Code"). The Debtors' Bankruptcy Filings were lodged in the United States Bankruptcy Court for the District of Nevada (the "Bankruptcy Court") under Case Nos. 25-50945 and 25-50944, respectively (the "Bankruptcy Cases").

As a result of the Bankruptcy Filings, W. Donald Gieseke has been appointed as Chapter 7 trustee and he will administer the Debtors' Bankruptcy Cases, including liquidating assets of the Debtors in accordance with the Bankruptcy Code. Pursuant to 11 U.S.C. §341(a), an initial meeting of creditors has been scheduled for November 6, 2025, at 2:30 p.m. Pacific Time, and the Notice of Chapter 7 Bankruptcy Case filing has been mailed to all known creditors.

Item 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or Obligation under an Off-Balance Sheet Arrangement.

The Bankruptcy Filings may trigger events of default under certain of the Debtors' contracts, agreements or debt instruments, which may result in the termination of, or an acceleration of the Debtors' obligations under, such contracts, agreements or debt instruments. Such events of defaults, however, may be stayed pursuant to 11 U.S.C. §362.

Item 8.01. Other Events.

The audit of the Company's financial statements for its fiscal year ended September 30, 2025, by the Company's independent registered public accounting firm was not completed, and the Company will no longer have the capability to prepare and file with the Securities and Exchange Commission the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025, or any other periodic reports.