Kartoon Studios Files 8-K Under Regulation FD Disclosure
Ticker: TOON · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1355848
| Field | Detail |
|---|---|
| Company | Kartoon Studios, Inc. (TOON) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, disclosure, corporate-action
TL;DR
**TOON just dropped an 8-K with new info, watch for market reaction.**
AI Summary
Kartoon Studios, Inc. (formerly Genius Brands International, Inc.) filed an 8-K on January 9, 2024, under Regulation FD Disclosure. This filing indicates that the company, trading under the symbol TOON on the NYSE American LLC, is providing information that was not previously public. For investors, this means new, potentially material information has been released, which could influence the stock's performance as the market digests the news.
Why It Matters
This filing signals that Kartoon Studios has disclosed new, non-public information, which could impact investor perception and the stock price of TOON.
Risk Assessment
Risk Level: medium — The filing itself is a disclosure of information, and the risk depends entirely on the content of the undisclosed information, which is not detailed in this specific filing.
Analyst Insight
A smart investor would seek out the specific information disclosed under Regulation FD, as this filing only indicates that new information has been released, not what that information is. This could be a precursor to a significant announcement.
Key Players & Entities
- Kartoon Studios, Inc. (company) — the registrant filing the 8-K
- Genius Brands International, Inc. (company) — former name of Kartoon Studios, Inc.
- NYSE American LLC (company) — the exchange where Kartoon Studios' common stock is registered
- TOON (company) — trading symbol for Kartoon Studios, Inc.
- January 9, 2024 (date) — date of earliest event reported and filing date
FAQ
What is the primary purpose of this 8-K filing by Kartoon Studios, Inc.?
The primary purpose of this 8-K filing by Kartoon Studios, Inc. is for Regulation FD Disclosure, as indicated in the 'ITEM INFORMATION: Regulation FD Disclosure' section.
What is the trading symbol and exchange for Kartoon Studios, Inc. common stock?
The common stock of Kartoon Studios, Inc. trades under the symbol 'TOON' on the 'NYSE American LLC', as stated in the 'Securities registered pursuant to Section 12(b) of the Act' table.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on 'January 9, 2024', as specified in the 'Date of Report (Date of earliest event reported)' section.
What was the former name of Kartoon Studios, Inc.?
Kartoon Studios, Inc. was formerly known as 'Genius Brands International, Inc.', as listed under 'FORMER COMPANY: FORMER CONFORMED NAME'.
What is the state of incorporation for Kartoon Studios, Inc.?
Kartoon Studios, Inc. is incorporated in 'Nevada', as indicated in the 'State or other jurisdiction of incorporation or organization' section.
Filing Stats: 522 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-01-09 17:28:32
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share TOON NYSE American LLC In
Filing Documents
- kartoon_8k.htm (8-K) — 26KB
- 0001683168-24-000155.txt ( ) — 193KB
- gnus-20240109.xsd (EX-101.SCH) — 3KB
- gnus-20240109_lab.xml (EX-101.LAB) — 33KB
- gnus-20240109_pre.xml (EX-101.PRE) — 22KB
- kartoon_8k_htm.xml (XML) — 3KB
01 Regulation
Item 7.01 Regulation FD Disclosure Kartoon Studios, Inc. (the "Company") announces on January 9, 2024 that it has entered into an amending agreement (the "Amending Agreement") to the exchangeable share support agreement dated April 6, 2022 (the "Support Agreement") among the Company, 1329258 B.C. Ltd. and Wow Exchange Co. Inc. (formerly 1326919 B.C. Ltd.) ("Exchangeco"). The Amending Agreement corrects a clerical error in the Support Agreement resulting from the Company's previously announced reverse stock split effected on February 13, 2023. A copy of the Amending Agreement is available on Exchangeco's SEDAR+ profile at www.sedarplus.ca. The information contained in this Item 7.01 is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise be subject to the liabilities of that section. The information in this Item 7.01 shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KARTOON STUDIOS, INC.. Date: January 9, 2024 By: /s/ Andy Heyward Name: Andy Heyward Title: Chief Executive Officer 3