Business Context and Reporting Period
Entravision Communications Corporation filed a Form 8-K on March 25, 2011, reporting a material definitive agreement. The company is incorporated in Delaware and maintains its principal executive offices in Santa Monica, California.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The document focuses exclusively on a lease agreement amendment.
Material Changes
On March 25, 2011, the Company entered into a Third Amendment to its Office Lease with Water Garden Company L.L.C. for its corporate headquarters in Santa Monica, California. Key changes include:
- Lease Term Extension: The lease term was extended for ten years, expiring on January 31, 2021.
- Effective Date: The amendment is effective as of January 31, 2011.
- Property Details: The lease covers approximately 16,000 square feet of space.
- Other Terms: Certain other terms and conditions were revised, though specific details are not disclosed in this summary.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, management commentary on future outlook, or specific risk factors beyond the commitment to the extended lease term. No unusual items or contingencies were reported in this document.
Investor Verification Checklist
- Verify the specific financial impact of the lease extension on future operating expenses.
- Review the full text of Exhibit 10.1 (Third Amendment) for details on revised terms and conditions not summarized here.
- Confirm the status of the original lease dated August 19, 1999, and any prior amendments.