Form 4: Liberty 77 Capital L.P. Reports Changes in Ownership of STARZ Entertainment Corp. Following Separation and Reverse Stock Split

Liberty 77 Capital L.P. and related entities report adjustments to their holdings in STARZ Entertainment Corp. following the separation of the LG Studios Business and a one-for-fifteen reverse stock split.

Summary

• Liberty 77 Capital L.P. and affiliated entities filed a Form 4 detailing changes in their beneficial ownership of STARZ Entertainment Corp. shares.
• The changes result from the separation of the LG Studios Business from the Starz Business and a subsequent one-for-fifteen reverse stock split.
• The Liberty Funds received Common Shares in exchange for Class A Voting Common Shares and Class B Non-Voting Common Shares previously held.
• As of May 6, 2025, Liberty 77 Capital L.P. no longer directly owns Class A Voting Common Shares or Class B Non-Voting Common Shares.
• However, they indirectly own 1,803,788 Common Shares.
• The filing includes disclaimers of beneficial ownership except to the extent of pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in ownership, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice when significant ownership changes occur in publicly traded companies, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed of the ownership changes resulting from the corporate restructuring.
• The separation of the LG Studios Business and the Starz Business may impact the future direction and performance of the company.

Key Dates

Keywords

STARZ Entertainment Corp, Liberty 77 Capital L.P., Form 4, Beneficial Ownership, LG Studios Business, Reverse Stock Split, Separation, Common Shares