Kartoon Studios, Inc. 8-K Filing

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share TOON NYSE American LLC In
• $375,000 — ary 1, 2026 at an annual base salary of $375,000 for the first year of the term and $400
• $400,000 — ,000 for the first year of the term and $400,000 for the second year of the term. Pursua
• $450,000 — 025 at an initial annual base salary of $450,000, to be increased by 5% on each annivers
• $50,000 — Mr. Jaffa will be entitled to receive a $50,000 guaranteed bonus in December 2025, whic

Filing Documents

• kartoon_8k.htm (8-K) — 33KB
• kartoon_ex1001.htm (EX-10.2) — 29KB
• kartoon_ex1002.htm (EX-10.3) — 30KB
• kartoon_ex1003.htm (EX-10.3) — 114KB
• 0001683168-25-008726.txt ( ) — 405KB
• toon-20251124.xsd (EX-101.SCH) — 3KB
• toon-20251124_lab.xml (EX-101.LAB) — 33KB
• toon-20251124_pre.xml (EX-101.PRE) — 22KB
• kartoon_8k_htm.xml (XML) — 3KB

02. Departure

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. New Employment Agreements Brian Parisi. On November 24, 2025, Kartoon Studios, Inc., a Nevada corporation (the "Company"), entered into a new Executive Employment Agreement with Brian Parisi (the "Parisi Employment Agreement") which supersedes and replaces Mr. Parisi's prior employment agreement with the Company. Pursuant to the Parisi Employment Agreement, Mr. Parisi will continue to serve as the Company's Chief Financial Officer for a two-year term, effective January 1, 2026 at an annual base salary of $375,000 for the first year of the term and $400,000 for the second year of the term. Pursuant to the Parisi Employment Agreement, Mr. Parisi will be eligible to receive an annual performance bonus upon the achievement of yearly bonus targets. The Parisi Employment Agreement further provides that Mr. Parisi will receive an award of 500,000 restricted stock units under the Company's Amended and Restated 2020 Incentive Plan vesting pro rata on an annual basis over three years. The foregoing descriptions of the Parisi Employment Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Parisi Employment Agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference. Michael Jaffa . On November 24, 2025, the Company also entered into a new Executive Employment Agreement with Michael Jaffa (the "Jaffa Employment Agreement") which supersedes and replaces Mr. Jaffa's prior employment agreement with the Company. Pursuant to the Jaffa Employment Agreement, Mr. Jaffa will continue to serve as the Company's Chief Operating Officer and General Counsel for a three-year term effective November 14, 2025 at an initial annual base salary of $450,000, to be increased by 5% on each anniversary of the effective date of

01. Entry into a Material

Item 1.01. Entry into a Material Definitive Agreement. The Company entered into an Agreement (the "Agreement") with Continuation Capital, Inc. ("CCI") to pay obligations in the aggregate amount of $ 968,612.79 by issuing up to 1,705,071 million shares of its common stock to CCI (the "Shares"). On November 18, 2025, the Circuit Court of the Twelfth Judicial Circuit in and for Sarasota County, Florida (the "Florida Circuit Court") entered an order approving the Agreement. The Agreement became binding upon the parties on November 26, 2025, when the NYSE American approved the issuance of the Shares. The foregoing description of the Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which is attached hereto as Exhibit 10.3 and is incorporated herein in its entirety by reference.

02. Unregistered Sales of

Item 3.02. Unregistered Sales of Equity Securities. The information set forth under Item 1.01 above of this Current Report on Form 8-K is incorporated by reference in this Item 3.02. The Shares will be issued at a rate of 1.75 shares per dollar of the Company's obligation, pursuant to an exemption from the registration requirements under Section 3(a)(10) of the Securities Act of 1933, as amended. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Employment Agreement between Kartoon Studios, Inc. and Brian Parisi, dated November 24, 2025 10.2 Employment Agreement between Kartoon Studios, Inc. and Michael Jaffa, dated November 24, 2025 10.3* The Agreement and Stipulation, dated as of November 18, 2025 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL * The Company agrees to furnish supplementally a copy of any omitted exhibit and schedule to the SEC upon request 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: November 28, 2025 By: /s/ Andy Heyward Name: Andy Heyward Title: Chief Executive Officer 3

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