Form10-K Amendment No.1 ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedMarch 31,2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromto Commission File No.:001-42635 Lionsgate Studios Corp. (Exact name of registrant as specified in its charter) British Columbia, Canada(State or other jurisdiction ofincorporation or organization) N/A(I.R.S. EmployerIdentification No.) 250 Howe Street,20th FloorVancouver,British ColumbiaV6C 3R8and2700 Colorado AvenueSanta Monica,California90404(Address of principal executive offices) (877)848-3866(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Title of Each ClassTradingSymbol(s)Name of Each Exchange on Which RegisteredCommon Shares, no par value per shareLIONNew York Stock ExchangeRights to Purchase Common SharesN/ANew York Stock Exchange Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Securities Exchange Act of 1934.Yes☐No☒ Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulationS-Tduring the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-acceleratedfiler, smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” inRule12b-2of the Exchange Act. (Check one): Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.☒ If securities are registered pursuant to Section12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in thefiling reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2of the Exchange Act).Yes☐No☒ The aggregate market value of the voting andnon-votingstock held bynon-affiliatesof the registrant as of September30, 2024 (the last business day ofthe registrant’s most recently completed second fiscal quarter) was approximately [X], based on the closing sale price of such shares as reported on theNew York Stock Exchange. As of July18, 2025,288,633,360shares of the registrant’s no par value common shares were outstanding. Auditor Location:Los Angeles, CA DOCUMENTS INCORPORATED BY REFERENCENone. Explanatory Note This Amendment No.1 on Form10-K/A(this “Form10-K/A”)amends Lionsgate Studios Corp.’s (the “Company,” “Lionsgate,” “we,”“us” or “our”) Annual Report on Form10-Kfor the year ended March 31, 2025, originally filed with the Securities and Exchange Commission (the“SEC”) on May30, 2025 (the “Original Filing”). We are filing this Form10-K/Apursuant to General Instruction G(3) of Form10-K,as we will file ourdefinitive proxy statement for our 2025 annual and general meeting of shareholders later than the 120th day after the end of our last fiscal year.Accordingly, this Form10-K/Ais being filed solely to: •amend Part III, Items 10, 11, 12, 13 and 14 of the Original Filing to include the information required by and not included in such Items;•delete the reference on the cover of the Original Filing to the incorporation by reference of certain information from our proxy statementinto Part III of the Original Filing; and•file new certifications