---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-054755"
form_type: "8-K"
ticker: "EVC"
cik: "0001109116"
company_name: "ENTRAVISION COMMUNICATIONS CORP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:03:29.866170+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Entravision sells 51% stake in Adsmurai for €15M; terminates €12.3M loans

## Summary
- Sold 51% equity interest in digital ad tech platform Adsmurai for €15M (~$16.2M).
- €10M paid at closing; €5M deferred within six months, guaranteed by Adsmurai.
- Terminated outstanding loans of €12.3M and previous option/shareholder agreements.
- Buyers are Adsmurai founders (Ikigai Mes and Wustco); company exits Spanish tech investment.

## SEC filing metadata
- accession: 0000950170-24-054755
- form_type: 8-K
- ticker: EVC
- cik: 0001109116
- company_name: ENTRAVISION COMMUNICATIONS CORP
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109116/000095017024054755/0000950170-24-054755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1109116/000095017024054755/evc-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-054755
- JSON: https://secwatch.observer/filing/0000950170-24-054755.json
- Plain text: https://secwatch.observer/filing/0000950170-24-054755.txt

## Key facts
- Material Agreements
  ENTRAVISION COMMUNICATIONS CORP entered into Share Purchase Agreement with Adsmurai, S.L. and the other stockholders of Adsmurai valued at €15.0 million (approximately $16.2 million) (effective 2024-05-06).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Adsmurai, S.L. and the other stockholders of Adsmurai
  - Value: €15.0 million (approximately $16.2 million)
  - Effective: 2024-05-06
  source text: On May 6, 2024 (the "Effective Date"), Entravision Communications Corporation (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”), among Adsmurai, S.L. ("Adsmurai"), the Company and the other stockholders of Adsmurai (the “Buyers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1109116/000095017024054755/0000950170-24-054755-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.