{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-237306","form_type":"8-K","ticker":null,"cik":"0002006191","company_name":"Lionsgate Studios Corp.","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.555001+00:00","generated_at":"2026-05-30T14:56:18.929413+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lionsgate Studios discloses non-reliance on prior cash flow statements due to $118.7 million mathematical error","bullets":["Mathematical error in combined cash flow statement for FY ended March 31, 2022: net cash from financing, net change in cash, and ending cash each decreased by $118.7 million","Management, after discussion with Audit & Risk Committee and auditor Ernst & Young LLP, concluded on Oct 10, 2024 that prior financial statements should no longer be relied upon","Company filed Amendment No. 2 to 8-K and Post-Effective Amendment No. 1 to S-1 on Oct 15, 2024 to correct the error","Error originally appeared in Exhibit 99.1 of Amendment No. 1 to Form 8-K/A filed May 30, 2024 and in the prospectus of the Original S-1 Filing","Audit & Risk Committee discussed the matter with management and independent registered public accounting firm"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-237306","json":"https://secwatch.observer/filing/0001193125-24-237306.json","markdown":"https://secwatch.observer/filing/0001193125-24-237306.md","text":"https://secwatch.observer/filing/0001193125-24-237306.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2006191/000119312524237306/0001193125-24-237306-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2006191/000119312524237306/d836095d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T14:56:18.929413+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":"6d7bb530867439c2793edeaaa929ffc38d034ea8","claim":"Lionsgate Studios Corp. reported that prior financial statements should not be relied upon.","evidence_excerpt":"that the previously issued financial statements contained in the Original 8-K/A and the Original S-1 Filing should no longer be relied upon as a result of the foregoing matters","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2006191/000119312524237306/0001193125-24-237306-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}