secwatch.observer — SEC 8-K summary
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Issuer:     ENTRAVISION COMMUNICATIONS CORP (EVC)
CIK:        0001109116
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0000950170-23-000357
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.01
LLM model:  deepseek-v4-flash:cloud@v2

Entravision founder death triggers automatic conversion of Class B shares; Ulloa voting stake drops from 59.3% to 20.8%
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- Founder/CEO Walter F. Ulloa died Dec 31, 2022; all Class B shares automatically convert to Class A 1-for-1.
- Ulloa’s voting power fell from 59.3% to 20.8% immediately after conversion.
- No stockholder now holds majority voting power; dual-class structure eliminated.
- Voting agreement between Ulloa and director Paul Zevnik terminated by its terms.
- Conversion and voting-agreement termination effective Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109116/000095017023000357/0000950170-23-000357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109116/000095017023000357/evc-20221231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000357

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