Bright Mountain Media, Inc. announced a financing transaction
January 09, 2018
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Bright Mountain Media, Inc. (OTCPK:BMTM) announced a private placement of units at $0.40 per unit for gross proceeds of $4,000,000 on January 10, 2018. The minimum investment accepted from any outside investor is $50,000. Each unit consist one share of common stock and one five year warrant to purchase one share of common stock at an exercise price of $0.65 per share. The company will issue securities pursuant to exemption provided under Regulation D.
Bright Mountain Media, Inc. focuses on digital publishing, advertising technology, consumer insights, creative and media services. The Company has an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics. Its digital publishing division focuses on developing content that attracts an audience and monetizes that audience through advertising. Its portfolio of owned and operated Websites is focused on moms, parenting, families, and more broadly, women. The portfolio consists of Websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com. Its advertising technology division focuses on delivering targeted ads to audiences on owned and operated sites as well as third-party publishers through the deployment of technologies. Its consumer insights division focuses on providing primary and secondary research, competitive intelligence, and insight to address customers' strategic issues.
BRIGHT MOUNTAIN MEDIA, INC. 
