UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 5, 2025
Lionsgate Studios Corp.
(Exact name of registrant as specified in charter)
| British Columbia, Canada | 1-141203 | N/A | ||
| (State or other Jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
250 Howe Street, 20th Floor
Vancouver, British Columbia V6C 3R8
and
2700 Colorado Avenue
Santa Monica, California 90404
(Address of principal executive offices)
Registrant’s telephone number, including area code: (877) 848-3866
No Change
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class |
Trading |
Name of Each Exchange on Which Registered |
||
| Common Shares, no par value per share | LION | Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 7.01. | Regulation FD. |
On May 5, 2025, Lionsgate Studios Corp. (the “Company”) and Lions Gate Entertainment Corp. (“Lionsgate”) issued a joint press release announcing that the Supreme Court of British Columbia granted the order approving the full separation of the Studios Business of Lionsgate from the Starz Business of Lionsgate. The press release issued by the Company and Lionsgate in connection with the announcement is furnished as Exhibit 99.1 hereto.
The information set forth in this Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit |
Description |
|
| 99.1 | Press Release dated May 5, 2025 | |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 5, 2025
| LIONSGATE STUDIOS CORP. | ||
| By: | /s/ James W. Barge |
|
| Name: | James W. Barge | |
| Title: | Chief Financial Officer | |
Exhibit 99.1
The Supreme Court of British Columbia Grants Order Approving Full
Separation of Lions Gate Entertainment Corp.’s Studio and STARZ
Businesses into Two Standalone, Publicly-Traded Companies
SANTA MONICA, CA, and VANCOUVER, BC, May 5, 2025 – The Supreme Court of British Columbia has granted an order approving the full separation of Lions Gate Entertainment Corp.’s Studio and STARZ businesses into two independent, publicly-traded companies. The separation is anticipated to take place tomorrow, Tuesday, May 6th. Lionsgate is expected to begin trading on the New York Stock Exchange under the ticker symbol LION on Wednesday, May 7th.
About Lionsgate Studios
Lionsgate Studios (Nasdaq: LION) is one of the world’s leading standalone, pure play, publicly-traded content companies. It brings together diversified motion picture and television production and distribution businesses, a world-class portfolio of valuable brands and franchises, a talent management and production powerhouse and a more than 20,000-title film and television library, all driven by Lionsgate’s bold and entrepreneurial culture.
About Lionsgate
Lionsgate (NYSE: LGF.A, LGF.B) owns approximately 87% of the outstanding shares of Lionsgate Studios Corp. (Nasdaq: LION), one of the world’s leading standalone, pure play, publicly-traded content companies, as well as the premium subscription platform STARZ.
For media inquiries, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com