Lionsgate Studios Corp美股招股说明书(2025-10-10版)

This Prospectus Supplement supplements the Prospectus dated August 5, 2025 (the “Prospectus”), which forms a part of theRegistration Statement on FormS-1(FileNo.333-286041)(the “Registration Statement”) filed by Lionsgate Studios Corp. (“NewLionsgate”) with the Securities and Exchange Commission (the “SEC”). The Prospectus and this prospectus supplement relate to theexercise from time to time of stock options and stock appreciation rights (“SARs”) outstanding under the Lionsgate Studios Corp. 2025Performance Incentive Plan (the “Plan”), to acquire up to 208,122 common shares of New Lionsgate (the “Common Shares”) that are heldby former employees of Lions Gate Entertainment Corp. and its subsidiaries (including New Lionsgate), who are not current employees orconsultants of New Lionsgate or Starz Entertainment Corp., and any such individuals’ donees, pledgees, permitted transferees, assignees,successors and others who come to hold any such equity award. Any proceeds received by New Lionsgate from the exercise of stockoptions and SARs covered by the Plan (and issued pursuant to the offering described in the Prospectus and this Prospectus Supplement)will be used for general corporate purposes This Prospectus Supplement is being filed to update and supplement the information in the Prospectus with the informationcontained in New Lionsgate’s Quarterly Report on Form 10-Q filed with the SEC on August 11, 2025 (the “Form 10-Q”) and theinformation contained in New Lionsgate’s Current Report on Form 8-K filed with the SEC on October 1, 2025 (the “Form 8-K”) .Accordingly, we have attached copies of the Form 10-Q and the Form 8-K to this Prospectus Supplement. This Prospectus Supplement updates and supplements the information in the Prospectus and is not complete without, and may not bedelivered or utilized except in combination with, the Prospectus, including any amendments or supplements thereto. This ProspectusSupplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectusand this Prospectus Supplement, you should rely on the information in this Prospectus Supplement. The Common Shares are traded on the New York Stock Exchange (“NYSE”) under the symbol “LION.” On October 9, 2025, the lastreported sale price of the Common Shares was$6.13per share. See the section entitled “Risk Factors” beginning on page 20 of the Prospectus as well as risks anduncertainties described under similar headings in any amendments or supplements to the Prospectus to readabout factors you should consider before buying securities of New Lionsgate. Neither the SEC nor any state securities commission has approved or disapproved of these securities or passed upon theaccuracy or adequacy of this Prospectus Supplement or the Prospectus. Any representation to the contrary is a criminal offense. The date of this Prospectus Supplement is October 10, 2025 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from____________ to____________Commission File No.: 001-42635____________________________________________________________________________________________________ Lionsgate Studios Corp. (Exact name of registrant as specified in its charter) N/A British Columbia, Canada (I.R.S. EmployerIdentification No.) (State or other jurisdiction ofincorporation or organization) 250 Howe Street, 20th FloorVancouver, British Columbia V6C 3R8and2700 Colorado AvenueSanta Monica, California 90404(Address of principal executive offices)____________________________________________________________________________________________________ (877) 848-3866 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during 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 filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and "emerging growth company" in Rule12b-2 of the Exchange Act. (Check one): Large accelerated filer☑Non-acceler