Lions Gate Entertainment Corp. announced a private placement of 750,000 Class A voting shares at a purchase price of $8.85 per share for the gross proceeds of 6,637,500 on July 10, 2024. The transaction included participation from returning investors Liberty 77 Fund International L.P. and Liberty 77 Fund L.P. managed by Liberty 77 Capital L.P. Before giving effect to the transaction the Liberty Manager exercised control and direction over an aggregate of 9,770,467 Class A Shares, representing approximately 11.69% of the issued and outstanding Class A Shares, for and on behalf of the Liberty Funds.

Immediately after giving effect to the transaction, the Liberty Manager exercised control and direction over an aggregate of 10,520,467 Class A Shares, representing 12.59% of the issued and outstanding Class A Shares, for and on behalf of the Liberty Funds.