Kartoon Studios Reports Shareholder Vote Matters

TL;DR

Kartoon Studios held a shareholder vote, details to follow.

AI Summary

Kartoon Studios, Inc. filed an 8-K on May 29, 2024, reporting on matters submitted to a vote of security holders as of May 23, 2024. The filing indicates a shareholder meeting or vote took place, but specific details regarding the proposals or outcomes are not provided in this excerpt.

Why It Matters

This filing signals that Kartoon Studios held a shareholder vote, which could involve significant corporate decisions impacting the company's direction and shareholder rights.

Risk Assessment

Risk Level: medium — The filing indicates a shareholder vote, which can lead to changes in corporate governance or strategy, but the lack of specific details in this excerpt makes the immediate risk unclear.

Key Players & Entities

• Kartoon Studios, Inc. (company) — Registrant
• Genius Brands International, Inc. (company) — Former company name
• PACIFIC ENTERTAINMENT CORP (company) — Former company name
• May 23, 2024 (date) — Date of earliest event reported
• May 29, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.001 — ich registered Common Stock, par value $0.001 per share TOON NYSE American LLC Indi

Filing Documents

• toon-20240523.htm (8-K) — 40KB
• 0001355848-24-000075.txt ( ) — 163KB
• toon-20240523.xsd (EX-101.SCH) — 2KB
• toon-20240523_lab.xml (EX-101.LAB) — 22KB
• toon-20240523_pre.xml (EX-101.PRE) — 13KB
• toon-20240523_htm.xml (XML) — 3KB

07

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 23, 2024, Kartoon Studios, Inc. (the "Company") held its 2024 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, the holders of 17,863,119 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), were present at the meeting or represented by proxy, which represents approximately 50.5% of the total shares of outstanding common stock entitled to vote as of the record date of April 1, 2024. The final results for each of the proposals voted on at the Annual Meeting were as follows: 1. Proposal to elect eight director nominees: Votes For Votes Withheld Andy Heyward 8,550,503 885,824 Joseph "Gray" Davis 7,648,536 1,787,791 Margaret Loesch 8,432,752 1,003,575 Stefan Pich 8,712,425 723,902 Lynne Segall 7,669,096 1,767,231 Henry Sicignano III 8,649,871 786,456 Anthony Thomopoulos 8,738,108 698,219 Dr. Cynthia Turner-Graham 8,746,541 689,786 Each director nominee was elected to serve as a director until the Company's annual meeting of stockholders in 2025, or until such person's successor is duly elected and qualified or until such person's earlier resignation, death, or removal. 2. Proposal to ratify the appointment of WithumSmith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: Votes For Votes Against Votes Abstaining 16,130,084 1,192,276 540,759 The proposal was approved. 3. Proposal to approve an amendment to the Company's 2020 Incentive Plan (the "2020 Plan") to increase the aggregate number of shares of its Common Stock, available for issuance under the 2020 Plan by 5,000,000 shares and to extend the duration of the 2020 Plan: Votes For Votes Against Votes Abstaining Broker Non-Votes 7,622,669 1,776,504 37,154 8,426,792 The proposal was approved. Broker non-votes are neither "for" nor "against" but are counted for purposes of

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: May 29, 2024 By: /s/ Andy Heyward Name: Andy Heyward Title: Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR