Entravision landlord terminates Santa Monica HQ lease after Feb 2025 vacancy; damages unknown

ENTRAVISION COMMUNICATIONS CORP

Landlord terminated HQ lease on Apr 18, 2025 after Entravision vacated Santa Monica office in Feb 2025 and stopped lease payments.
As of Dec 31, 2024: $16.3M ROU asset, $9.3M property/equipment, $1.5M short-term and $21.2M long-term lease liabilities.
Lease was scheduled to expire June 31, 2034; company cannot currently estimate actual costs or damages from termination.
Company had previously disclosed decision to vacate and cease payments in its March 2025 10-K filing.

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