Kartoon Studios Files S-1/A Amendment

TL;DR

Kartoon Studios (formerly Genius Brands) filed an S-1/A amendment, updating its registration. Watch for details.

AI Summary

Kartoon Studios, Inc. filed an S-1/A amendment on November 22, 2024, detailing its registration statement. The company, formerly known as Genius Brands International, Inc. and Pacific Entertainment Corp, is incorporated in Nevada and operates in motion picture & video tape production. The filing is Amendment No. 2 to its Form S-1 Registration Statement.

Why It Matters

This filing provides updated information for investors regarding Kartoon Studios' securities, impacting transparency and potential investment decisions.

Risk Assessment

Risk Level: medium — S-1/A filings often indicate a company is seeking to raise capital or undergo significant corporate changes, which inherently carry investment risks.

Key Numbers

• 333-282385 — SEC File Number (Identifies the specific registration filing)
• 7812 — SIC Code (Industry classification for Motion Picture & Video Tape Production)

Key Players & Entities

• Kartoon Studios, Inc. (company) — Registrant
• Genius Brands International, Inc. (company) — Former company name
• Pacific Entertainment Corp (company) — Former company name
• November 22, 2024 (date) — Filing date
• 333-282385 (registration_number) — SEC File Number
• 190 N. Canon Drive (address) — Business and Mail Address

FAQ

Key Financial Figures

• $0.001 — 0 shares of our common stock, par value $0.001 (the "Common Stock"), together with war
• $0 — tock and accompanying Common Warrant is $0.77, which was the closing price of our
• $0.77 — r Common Stock on the NYSE American was $0.77 per share. The actual public offering p
• $77.1 million — 023 and 2022, we reported net losses of $77.1 million and $45.6 million, respectively and for
• $45.6 m — eported net losses of $77.1 million and $45.6 million, respectively and for the nine mo
• $15.1 million — 024 and 2023, we reported net losses of $15.1 million and $51.8 million, respectively. We rep
• $51.8 m — eported net losses of $15.1 million and $51.8 million, respectively. We reported net ca
• $16.1 million — et cash used in operating activities of $16.1 million and $25.9 million for the years ended D
• $25.9 million — erating activities of $16.1 million and $25.9 million for the years ended December 31, 2023 a
• $1.1 million — ber 31, 2023 and 2022, respectively and $1.1 million and $20.2 million for the nine months e
• $20.2 million — 2022, respectively and $1.1 million and $20.2 million for the nine months ended September 30,
• $733.5 — 2024, we had an accumulated deficit of $733.5 and total stockholders' equity of $42.8
• $42.8 million — 733.5 and total stockholders' equity of $42.8 million. As of September 30, 2024, we had curre
• $37.2 m — mber 30, 2024, we had current assets of $37.2 million, including cash of $4.6 million a
• $4.6 million — ets of $37.2 million, including cash of $4.6 million and marketable securities of $4.1 milli

Filing Documents

• kartoon_s1a2.htm (S-1/A) — 428KB
• kartoon_ex0101.htm (EX-1.1) — 105KB
• kartoon_ex0412.htm (EX-4.12) — 136KB
• kartoon_ex0501.htm (EX-5.1) — 15KB
• kartoon_ex0501b.htm (EX-5) — 17KB
• kartoon_ex1025.htm (EX-10.25) — 209KB
• kartoon_ex2301.htm (EX-23.1) — 2KB
• kartoon_ex2302.htm (EX-23.2) — 2KB
• kartoon_ex107.htm (EX-FILING FEES) — 22KB
• image_002.jpg (GRAPHIC) — 4KB
• image_085.jpg (GRAPHIC) — 2KB
• 0001683168-24-008375.txt ( ) — 1316KB
• toon-20241122.xsd (EX-101.SCH) — 3KB
• toon-20241122_lab.xml (EX-101.LAB) — 33KB
• toon-20241122_pre.xml (EX-101.PRE) — 22KB
• kartoon_s1a2_htm.xml (XML) — 3KB

USE OF PROCEEDS

USE OF PROCEEDS 12 DIVIDEND POLICY 13 CAPITALIZATION 14

DILUTION

DILUTION 16 DESCRIPTION OF OUR CAPITAL STOCK 18

DESCRIPTION OF SECURITIES WE ARE OFFERING

DESCRIPTION OF SECURITIES WE ARE OFFERING 23 MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS 27 PLAN OF DISTRIBUTION 34 LEGAL MATTERS 37 EXPERTS 37 WHERE YOU CAN FIND ADDITIONAL INFORMATION 37 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 38 i ABOUT THIS PROSPECTUS You should rely only on the information that we have provided or incorporated by reference in this prospectus. We have not authorized anyone to provide you with different or additional information. If anyone provides you with different or additional information, you should not rely on it. You should assume that the information in this prospectus is accurate only as of the date on the cover of the document and that any information we have incorporated by reference is accurate only as of the date of the document incorporated by reference, regardless of the time of delivery of this prospectus or any sale of a security. Our business, financial condition, results of operations and prospects may have changed since those dates. We urge you to carefully read this prospectus, together with the information incorporated herein by reference as described under the heading " Where You Can Find Additional Information ." In this prospectus, unless otherwise specified or the context requires otherwise, we use the terms "Company," "we," "us" and "our" or similar references to refer to Kartoon Studios, Inc., a Nevada corporation, together with its consolidated subsidiaries. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus and the documents incorporated by reference into this prospectus include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual re

View Full Filing

View this S-1/A filing on SEC EDGAR