Form 4: Liberty 77 Capital L.P. Reports Purchase of Lions Gate Entertainment Corp. Shares

Liberty 77 Capital L.P. and related entities report the acquisition of additional Class A Common Shares of Lions Gate Entertainment Corp.

Summary

• Liberty 77 Capital L.P. and related entities, including Liberty 77 Fund L.P., Liberty 77 Fund International L.P., Liberty 77 Capital Partners L.P., Liberty Capital L.L.C., STM Partners LLC, and Steven T. Mnuchin, filed a Form 4.
• The filing reports the purchase of Class A Common Shares of Lions Gate Entertainment Corp. (LGF).
• On August 5, 2024, 136,315 shares were purchased at a weighted average price of $8.459, with prices ranging from $8.335 to $8.50.
• On August 6, 2024, 8,602 shares were purchased at a weighted average price of $8.6263, with prices ranging from $8.50 to $8.65.
• Following these transactions, the reporting entities beneficially own 11,200,897 Class A Common Shares indirectly.
• The reporting persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports share purchases, indicating a potential positive outlook from the investor but without explicit statements of confidence or future plans.

Positives

• Increased investment in Lions Gate Entertainment Corp. by Liberty 77 Capital L.P. and related entities indicates confidence in the company.

Industry Context

This filing reflects investment activity in the entertainment sector, specifically in Lions Gate Entertainment Corp. Monitoring such filings provides insights into investor sentiment and potential strategic moves within the industry.

Stakeholder Impact

• The increased shareholding by Liberty 77 Capital L.P. could positively influence shareholder confidence.

Key Dates