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Friday, May 2, 2025

Equity Corporate Actions Alert #2025 - 230
Information Regarding the Plan of Arrangement for Lionsgate Studios Corp. (LION)

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  • Industry Announcement

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At a special meeting held on April 23, 2025, the shareholders of Lionsgate Studios Corp (LION) approved a Plan of Arrangement, which is expected to become effective on Monday, May 5, 2025. Following the completion of the transactions, Lionsgate Studios Corp (LION) is expected to be suspended effective Tuesday, May 6, 2025. The details are as follows:

Company/Issue: Lionsgate Studios Corp. Common Shares
CUSIP#: 53626M104
Symbol: LION
Anticipated Last Trading Date: May 5, 2025
Anticipated Marketplace Effective Date for Suspension: May 6, 2025
Merger Consideration: Approximately 0.9897 shares of Lionsgate Studios Corp (NYSE: LION) for each share held

As a result of the Plan of Arrangement, Starz Entertainment Corp will create a new class of voting common shares, which is expected to list on Nasdaq on May 6, 2025, on a post 1-15 reverse stock basis. The reverse split will be implemented following the share exchanges outlined in the Plan of Arrangement before the initial listing date on Nasdaq. Please refer to the joint proxy statement/prospectus dated March 14, 2025, for further details on the Plan of Arrangement.

The details for the listing of Starz Entertainment Corp are as follows:

Company/Issue: Starz Entertainment Corp Common Shares
CUSIP#: 855919106
Symbol: STRZ
Anticipated Marketplace Effective Date: May 6, 2025

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