secwatch.observer — SEC 8-K summary
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Issuer:     Lionsgate Studios Corp. (LION)
CIK:        0002052959
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001193125-25-114492
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionsgate Studios adopts shareholder rights plan with 15% trigger, $32 exercise price
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- Board declares dividend of one right per common share; record date May 19, 2025, payable May 20, 2025.
- Rights become exercisable 10 days after a person/group acquires 15% or more of outstanding common shares.
- Exercise price is $32.00; flip-in enables purchase of shares worth twice the exercise price.
- Rights expire on May 7, 2026 (or later if shareholder-approved) and are redeemable at $0.001 per right.
- Plan aims to protect shareholder value amid market volatility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052959/000119312525114492/0001193125-25-114492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052959/000119312525114492/d932216d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-114492

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