---
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"
generated_at: "2026-05-30T14:56:18.929413+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lionsgate Studios discloses non-reliance on prior cash flow statements due to $118.7 million mathematical error

## Summary
- 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

## SEC filing metadata
- accession: 0001193125-24-237306
- form_type: 8-K
- cik: 0002006191
- company_name: Lionsgate Studios Corp.
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-237306
- JSON: https://secwatch.observer/filing/0001193125-24-237306.json
- Plain text: https://secwatch.observer/filing/0001193125-24-237306.txt

## Key facts
- Auditor Changes
  Lionsgate Studios Corp. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2006191/000119312524237306/0001193125-24-237306-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.