8-K
LIONS GATE ENTERTAINMENT CORP /CN/ 00-0000000 0000929351 false 0000929351 2023-03-31 2023-03-31 0000929351 us-gaap:CommonClassAMember 2023-03-31 2023-03-31 0000929351 us-gaap:CommonClassBMember 2023-03-31 2023-03-31 0000929351 dei:OtherAddressMember 2023-03-31 2023-03-31

 

 

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): March 31, 2023

 

 

Lions Gate Entertainment Corp.

(Exact name of registrant as specified in charter)

 

 

British Columbia, Canada

(State or Other Jurisdiction of Incorporation)

 

1-14880   N/A
(Commission File Number)   (IRS Employer Identification No.)

(Address of principal executive offices)

250 Howe Street, 20th Floor

Vancouver, British Columbia V6C 3R8

and

2700 Colorado Avenue

Santa Monica, California 90404

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
Symbol(s)

 

Name of Each Exchange

on Which Registered

Class A Voting Common Shares, no par value per share   LGF.A   New York Stock Exchange
Class B Non-Voting Common Shares, no par value per share   LGF.B   New York Stock Exchange

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 8.01

Other Events

On March 31, 2023, a wholly-owned subsidiary of Lions Gate Entertainment Corp. (the “Company”) confidentially submitted a draft registration statement on Form 10 with the Securities Exchange Commission (the “SEC”) relating to the proposed spin-off of the Company’s studio business, consisting of its Television Production and Motion Picture segments. The Company expects the spin-off to be completed on previously communicated timelines, subject to market and other conditions.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended, or any applicable exemptions therefrom.

Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts, and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including that the spin-off may not be completed on the timelines or terms anticipated or at all. For information regarding other factors that could cause the Company’s results to vary from expectations, please see the “Risk Factors” section of its filings with the SEC, including its most recent quarterly report on Form 10-Q. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company’s filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date hereof.

 


Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 31, 2023

 

LIONS GATE ENTERTAINMENT CORP.
(Registrant)
By:  

/s/ James W. Barge

Name:   James W. Barge
Title:   Chief Financial Officer