Form 4: Lionsgate Studios Corp. Director Reports Acquisition of 2,189,968 Common Shares Following Arrangement Agreement

Director Gordon Crawford reports acquiring 2,189,968 common shares of Lionsgate Studios Corp. following the completion of transactions outlined in the Arrangement Agreement.

Summary

• On May 6, 2025, Gordon Crawford, a director of Lionsgate Studios Corp., acquired 2,189,968 common shares.
• This acquisition occurred in connection with the consummation of transactions outlined in the Arrangement Agreement dated January 29, 2025, and amended on March 12, 2025.
• The agreement involved Lionsgate Studios Holding Corp., Lions Gate Entertainment Corp. (LGEC), LG Sirius Holdings ULC, and Lionsgate Studios Holding Corp.
• Each share of LGEC's Class A voting shares and Class B non-voting shares held by Crawford were exchanged for new Lionsgate common shares and Starz Entertainment Corp. common shares.
• The exchange was pursuant to the Initial Share Exchange, Second Share Exchange, and Reverse Stock Split as defined in the Form S-4.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a procedural filing related to a pre-existing agreement. There's no indication of positive or negative performance, just a reporting of transactions.

Industry Context

This announcement reflects internal restructuring and share ownership adjustments within Lionsgate following the Arrangement Agreement, a common practice in corporate reorganizations.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in share distribution.
• Employees and other stakeholders are unlikely to be directly affected by this specific transaction.

Key Dates

Keywords

Lionsgate Studios Corp., Gordon Crawford, Arrangement Agreement, Share Exchange, Common Shares, Director, LION, SEC Form 4