{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-303074","form_type":"8-K","ticker":"STRZ","cik":"0000929351","company_name":"STARZ ENTERTAINMENT CORP /CN/","filed_at":"2023-12-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.446213+00:00","generated_at":"2026-06-07T07:41:43.174608+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lions Gate signs SPAC merger to spin off studio business into new public company","bullets":["Lions Gate enters Business Combination Agreement with Screaming Eagle Acquisition Corp. to spin off its studio business.","Current Lions Gate shareholders to indirectly hold ~87.3% of new Pubco; SPAC shareholders ~5.7%, PIPE investors ~6.3%.","PIPE investors commit $175M at $9.63/share for ~18.2M Pubco shares; total transaction proceeds target $350M.","Closing conditions include shareholder approval, court approval, Nasdaq listing, and eOne acquisition closing.","Sponsor warrants exchanged for $0.50 cash; private placement warrants cancelled; lock-up and registration rights agreements included."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-303074","json":"https://secwatch.observer/filing/0001193125-23-303074.json","markdown":"https://secwatch.observer/filing/0001193125-23-303074.md","text":"https://secwatch.observer/filing/0001193125-23-303074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/929351/000119312523303074/0001193125-23-303074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/929351/000119312523303074/d686095d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:41:43.174608+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"89b9f4ad4e6f8a169f49ab9c623f52b5f97cbfc8","claim":"STARZ ENTERTAINMENT CORP /CN/ entered into Business Combination Agreement with Screaming Eagle Acquisition Corp., SEAC II Corp., SEAC MergerCo, 1455941 B.C. Unlimited Liability Company, LG Sirius Holdings ULC, LG Orion Holdings ULC (effective 2023-12-22).","evidence_excerpt":"As previously announced, on December 22, 2023, Lions Gate Entertainment Corp., a British Columbia corporation (the \" Company \"), entered into the Business Combination Agreement with Screaming Eagle Acquisition Corp., a Cayman Islands exempted company (\" SEAC \"), SEAC II Corp., a Cayman Islands exempted company and a wholly owned subsidiary of SEAC (\" New SEAC \"), SEAC MergerCo, a Cayman Islands exempted company and a wholly owned subsidiary of New SEAC (\" MergerCo \"), 1455941 B.C. Unlimited Liability Company, a British Columbia unlimited liability company and a wholly owned subsidiary of SEAC (\" New BC Sub \"), LG Sirius Holdings ULC, a British Columbia unlimited liability company and a wholly owned subsidiary of the Company (\" Studio HoldCo \"), and LG Orion Holdings ULC, a British Columbia unlimited liability company and a wholly-owned subsidiary of Studio HoldCo (\" StudioCo ,\" and such agreement, the \" Business Combination Agreement \")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/929351/000119312523303074/0001193125-23-303074-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Screaming Eagle Acquisition Corp., SEAC II Corp., SEAC MergerCo, 1455941 B.C. Unlimited Liability Company, LG Sirius Holdings ULC, LG Orion Holdings ULC"},{"label":"Effective","value":"2023-12-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}