Lionsgate appoints Steven Mnuchin to board; enters standstill pact with major holders

Lionsgate Studios Corp.

Steven Mnuchin appointed to Board effective Jan 26, 2026; Board now has 11 directors.
Standstill agreement with Liberty 77 Capital and MHR Fund Management caps ownership at 17.5%, imposes voting and transfer restrictions.
Mnuchin, former U.S. Treasury Secretary, brings financial and entertainment industry expertise.
Liberty and MHR must vote all common shares for each other's board nominees per agreement.
Agreement grants Mnuchin pre-emptive and registration rights consistent with prior investor rights.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Lionsgate Studios Corp. entered into Governance, Standstill and Voting Agreement with Liberty 77 Capital L.P., Liberty 77 Fund L.P., Liberty 77 Fund International L.P., and MHR Fund Management, LLC and affiliated funds (effective 2026-01-26).

Action: entry
Counterparty: Liberty 77 Capital L.P., Liberty 77 Fund L.P., Liberty 77 Fund International L.P., and MHR Fund Management, LLC and affiliated funds
Effective: 2026-01-26

Exact text from the filing

On January 26, 2026, Lionsgate Studios Corp. (the “Company”) entered into a Governance, Standstill and Voting Agreement (the “Standstill Agreement”) with Liberty 77 Capital L.P., a Delaware limited partnership, Liberty 77 Fund L.P., a Cayman Islands exempted limited partnership, and Liberty 77 Fund International L.P., a Cayman Islands exempted limited partnership (each, a “Liberty Party,” and together, the “Liberty Parties”), and MHR Fund Management, LLC and affiliated funds (together, “MHR Fund Management”).

View on SEC.gov

284 material agreements filed in the last 30 days. Browse all material agreements →

Lionsgate Studios Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-021731

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.