Benzinga | Apr 7, 2021 04:20PM EDT

Entravision Communications Corporation Receives NYSE Notice Regarding Late Form 10-K Filing

Entravision Communications Corporation (NYSE:EVC) today announced that, as expected, on April 7, 2021 it received a notice from the New York Stock Exchange (the "NYSE") that the Company was not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual, because the Company did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (its "Form 10-K") with the Securities and Exchange Commission (the "SEC") on or prior to the due date thereof or by the extended filing due date provided by Rule 12b-25. Such notices are routinely issued by the NYSE when there are late filings with the SEC. The NYSE informed the Company that, under the NYSE's rules, the Company has six months from March 31, 2021 to file its Form 10-K with the SEC.

As previously disclosed by the Company in its Form 12b-25 filed with the SEC on March 16, 2021, as a result of the Company's expanding business operations, primarily related to the acquisition of a majority interest in a company that, collectively with its subsidiaries, does business under the name Cisneros Interactive, the Company has experienced unexpected delays in its completion of the audit of its financial statements for the year ended December 31, 2020.

The Company continues to work diligently to complete its audit and Form 10-K and currently anticipates the Form 10-K will be filed soon.