{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-012193","form_type":"8-K","ticker":"EVC","cik":"0001109116","company_name":"ENTRAVISION COMMUNICATIONS CORP","filed_at":"2023-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.963759+00:00","generated_at":"2026-06-17T04:27:30.450740+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Entravision acquires 51% of Adsmurai for €13M; provides €7.4M loan to sellers","bullets":["Purchase price of €13.0 million (approx. $14.2M) paid via conversion of prior loan to sellers.","Additional loan of €7,355,500 (approx. $8.1M) to affiliates of remaining 49% owners; 5% interest, 2-year term.","Options Agreement allows sellers to put 10% shares in 2024, 10% in 2025, and all remaining by mid-2027.","Entravision obtains call right to purchase all remaining Adsmurai shares between Jan and June 2027.","Adsmurai is a digital advertising technology platform company; acquisition expands Entravision's ad tech capabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-012193","json":"https://secwatch.observer/filing/0000950170-23-012193.json","markdown":"https://secwatch.observer/filing/0000950170-23-012193.md","text":"https://secwatch.observer/filing/0000950170-23-012193.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1109116/000095017023012193/0000950170-23-012193-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1109116/000095017023012193/evc-20230403.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:27:30.450740+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"afefe8ded2ddca1b5ebdf34d877d14dc04cdfbfa","claim":"ENTRAVISION COMMUNICATIONS CORP entered into Options Agreement with the Sellers (effective 2023-04-03).","evidence_excerpt":"in connection with the Acquisition, the Company and the Sellers entered into an Options Agreement (the \"Options Agreement\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109116/000095017023012193/0000950170-23-012193-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"the Sellers"},{"label":"Effective","value":"2023-04-03"}],"fact_type":"material_agreement"},{"claim_id":"bd8da3020afd79f3bdf3798e655cdb5bf2b9ede4","claim":"ENTRAVISION COMMUNICATIONS CORP entered into Acquisition Agreement with the selling stockholders of Adsmurai valued at €13.0 million (approximately $14.2 million as of that date) (effective 2023-04-03).","evidence_excerpt":"On April 3, 2023, Entravision Communications Corporation (the \"Company\") entered into an agreement (the \"Acquisition Agreement\"), among the Company and the selling stockholders of Adsmurai (the \"Sellers\"), whereby the Company acquired a 51% equity interest in Adsmurai, S.L. (\"Adsmurai\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109116/000095017023012193/0000950170-23-012193-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"the selling stockholders of Adsmurai"},{"label":"Value","value":"€13.0 million (approximately $14.2 million as of that date)"},{"label":"Effective","value":"2023-04-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}