Lions Gate Entertainment Corp. Files 8-K
Ticker: STRZ · Form: 8-K · Filed: May 15, 2024 · CIK: 929351
| Field | Detail |
|---|---|
| Company | Lions Gate Entertainment Corp /Cn/ (STRZ) |
| Form Type | 8-K |
| Filed Date | May 15, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $350 million, $274.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-events, filing
TL;DR
Lions Gate filed an 8-K on May 15, 2024, reporting a material definitive agreement and other events from May 9, 2024.
AI Summary
On May 9, 2024, Lions Gate Entertainment Corp. entered into a material definitive agreement related to its business operations. The filing also includes other events and financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate activity for Lions Gate Entertainment Corp., potentially impacting its business structure, financial reporting, or strategic direction.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price and investor outlook.
Key Players & Entities
- Lions Gate Entertainment Corp. (company) — Registrant
- May 9, 2024 (date) — Date of earliest event reported
- May 15, 2024 (date) — Date of Report
FAQ
What type of material definitive agreement did Lions Gate Entertainment Corp. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on May 9, 2024.
What other events are reported in this 8-K filing?
The filing indicates 'Other Events' and 'Financial Statements and Exhibits' in addition to the material definitive agreement.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on May 9, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on May 15, 2024.
What is the primary business of Lions Gate Entertainment Corp. according to the filing?
Lions Gate Entertainment Corp. is involved in SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION.
Filing Stats: 2,247 words · 9 min read · ~7 pages · Grade level 12.7 · Accepted 2024-05-15 16:09:06
Key Financial Figures
- $350 million — in expected aggregate gross proceeds of $350 million. Amendment No. 2 to the BCA On May 9
- $274.3 million — the investment by the PIPE Investors to $274.3 million. This summary is qualified in its entir
Filing Documents
- d811370d8k.htm (8-K) — 45KB
- d811370dex21.htm (EX-2.1) — 45KB
- d811370dex104.htm (EX-10.4) — 46KB
- d811370dex991.htm (EX-99.1) — 15KB
- g811370g0513194556761.jpg (GRAPHIC) — 5KB
- g811370g0513194556985.jpg (GRAPHIC) — 4KB
- 0001193125-24-139373.txt ( ) — 357KB
- lgfa-20240509.xsd (EX-101.SCH) — 3KB
- lgfa-20240509_def.xml (EX-101.DEF) — 15KB
- lgfa-20240509_lab.xml (EX-101.LAB) — 24KB
- lgfa-20240509_pre.xml (EX-101.PRE) — 15KB
- d811370d8k_htm.xml (XML) — 7KB
Forward-Looking Statements
Forward-Looking Statements This press release contains certain statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "target," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the ability of Lionsgate Entertainment Corp. ("Lionsgate") to effectuate the separation of Lionsgate Studios Corp. ("Lionsgate Studios") and the STARZ Business of Lionsgate; the benefits of the Business Combination; changes in Lionsgate's or Lionsgate Studios' strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management. These forward-looking statements are based on information available as of the date of this release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing Lionsgate's or Lionsgate Studios' views as of any subsequent date, and neither Lionsgate nor Lionsgate Studios undertakes any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Lionsgate and Lionsgate Studios cannot give any assurance that either of them will achiev