The latest update is out from Loop Media ( (LPTV) ).
Loop Media, Inc. has filed for an emergency temporary restraining order against its senior lender, GemCap Solutions, LLC, to halt a public sale of its assets amid alleged loan agreement defaults. Despite ongoing negotiations and regular payments, Loop Media aims to protect its assets and uphold shareholder value. The company remains committed to delivering diverse streaming services and content to businesses across the U.S. and beyond.
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