Kartoon Studios Files 8-K Current Report
Ticker: TOON · Form: 8-K · Filed: Apr 11, 2024 · CIK: 1355848
| Field | Detail |
|---|---|
| Company | Kartoon Studios, Inc. (TOON) |
| Form Type | 8-K |
| Filed Date | Apr 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 8-k
TL;DR
Kartoon Studios filed an 8-K on 4/11 for events on 4/10 - check for material updates.
AI Summary
Kartoon Studios, Inc. (formerly Genius Brands International, Inc.) filed an 8-K on April 11, 2024, reporting events as of April 10, 2024. The filing is a current report under the Securities Exchange Act of 1934, with no specific financial or operational details provided in this excerpt. The company is incorporated in Nevada and its principal executive offices are located in Beverly Hills, California.
Why It Matters
This filing indicates Kartoon Studios is making a required disclosure to the SEC, which could contain material information for investors. The specific nature of the event reported is not detailed in this excerpt.
Risk Assessment
Risk Level: low — This is a standard SEC filing (8-K) and does not inherently indicate high risk without further details on the reported event.
Key Players & Entities
- Kartoon Studios, Inc. (company) — Registrant
- Genius Brands International, Inc. (company) — Former company name
- PACIFIC ENTERTAINMENT CORP (company) — Former company name
- April 10, 2024 (date) — Date of earliest event reported
- April 11, 2024 (date) — Date of report
- Nevada (jurisdiction) — State of incorporation
- Beverly Hills, CA (location) — Address of principal executive offices
- 310-273-4222 (phone_number) — Registrant's telephone number
FAQ
What specific event prompted Kartoon Studios, Inc. to file this 8-K report?
The provided excerpt does not specify the exact event that triggered the 8-K filing, only that it is a current report filed on April 11, 2024, for events as of April 10, 2024.
What was Kartoon Studios, Inc. previously known as?
Kartoon Studios, Inc. was formerly known as Genius Brands International, Inc.
In which state is Kartoon Studios, Inc. incorporated?
Kartoon Studios, Inc. is incorporated in Nevada.
Where are Kartoon Studios, Inc.'s principal executive offices located?
The principal executive offices of Kartoon Studios, Inc. are located at 190 N. Canon Drive, 4th Fl., Beverly Hills, CA 90210.
What is the Commission File Number for Kartoon Studios, Inc.?
The Commission File Number for Kartoon Studios, Inc. is 001-37950.
Filing Stats: 878 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-04-11 17:15:56
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) — 30KB
- kartoon_ex9901.htm (EX-99.1) — 16KB
- kartoon_ex9902.htm (EX-99.2) — 22KB
- kartoon_ex9903.htm (EX-99.3) — 21KB
- image_002.jpg (GRAPHIC) — 28KB
- image_003.jpg (GRAPHIC) — 183KB
- image_004.jpg (GRAPHIC) — 23KB
- image_005.jpg (GRAPHIC) — 30KB
- image_014.jpg (GRAPHIC) — 11KB
- image_006.jpg (GRAPHIC) — 11KB
- image_007.jpg (GRAPHIC) — 18KB
- image_008.jpg (GRAPHIC) — 40KB
- image_001.jpg (GRAPHIC) — 31KB
- 0001683168-24-002306.txt ( ) — 795KB
- toon-20240410.xsd (EX-101.SCH) — 3KB
- toon-20240410_lab.xml (EX-101.LAB) — 33KB
- toon-20240410_pre.xml (EX-101.PRE) — 22KB
- kartoon_8k_htm.xml (XML) — 3KB
01
ITEM 7.01 REGULATION FD DISCLOSURE On April 10, 2024, Kartoon Studios, Inc. (the "Company") issued two press releases, first announcing the expansion of their Stan Lee business with the launch of a dedicated Stan Lee store on Amazon.com, followed by a press release announcing the launch of "Stan Lee Presents" on Youtube. On April 11, 2024, the Company issued a press release announcing that Kartoon Channel!'s streaming business achieved profitability through the first two months of 2024. A copy of each press release is attached hereto as Exhibits 99.1, 99.2 and 99.3 and incorporated herein by reference. The information contained in this Item 7.01 including Exhibits 99.1, 99.2 and 99.3 hereto, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended, or otherwise subject to the liabilities of that section, and such information shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act.
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Kartoon Studios, Inc., dated April 10, 2024 99.2 Press Release of Kartoon Studios, Inc., dated April 10, 2024 99.3 Press Release of Kartoon Studios Inc., dated April 11, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
Forward Looking Statements
Forward Looking Statements This Current Report on Form 8-K contains certain "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation, our ability to generate revenue or achieve profitability; our ability to obtain additional financing on acceptable terms, if at all; the potential issuance of a significant number of shares, which will dilute our equity holders; fluctuations in the results of our operations from period to period; general economic and financial conditions; our ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; our reliance on and relationships with third-party production and animation studios; our ability to market and advertise our products; our reliance on third-parties to promote our products; our ability to keep pace with technological advances; our ability to protect our intellectual property and those other risk factors set forth in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K and in the Company's subsequent filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter
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: April 11, 2024 By: /s/ Andy Heyward Name: Andy Heyward Title: Chief Executive Officer 3