Seven Arts Entertainment Inc (SAPX)

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1.01 Entry into a Material Definitive Agreement

On February 27, 2024, the Company and Lionsgate Entertainment Corporation (“Lionsgate”), through its subsidiary, Starz Media LLC ("Starz"), entered into an amended Output Agreement, whereby, Lionsgate, via Starz, would have exclusive distribution rights over two of the Company's filmed assets through 2034.

Additionally, the parties have entered discussions for Lionsgate's business acquisitions team to review additional film and studio assets the Company has under development in the Atlanta, GA market.

Further details are expected to be provided in upcoming related press releases.