Entravision Receives NYSE Notice Regarding Late 10-K Filing

RADIO ONLINE | Tuesday, April 9, 2019

Entravision

Entravision Communications has announced that on April 3 it received a notice from the New York Stock Exchange that the Spanish radio broadcaster was not in compliance with the NYSE's continued listing requirements under the timely filing criteria. The company received the notice after it didn't timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 with the SEC on or prior to the due date. The NYSE informed Entravision that, under the NYSE's rules, it has six months from April 2 to file its Form 10-K with the SEC.

As previously disclosed by Entravision in its Form 12b-25 filed with the SEC on March 18, as a result of its expanding business operations and geographical scope, including related to the acquisition of Headway and other digital businesses, it experienced unexpected delays in its completion of the audit of its financial statements for the year ended December 31, 2018.

The company says "it continues to work diligently to complete its audit and Form 10-K and does not currently anticipate this delay will be lengthy." Entravision also said it "intends to file its Form 10-K and report its financial results for the fourth quarter and fiscal year ended December 31, 2018 as soon as practicable."