secwatch.observer — SEC 8-K summary
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Issuer:     Kartoon Studios, Inc. (TOON)
CIK:        0001355848
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001355848-24-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kartoon Studios replaces auditor Mazars with Withum for cost savings
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- Audit committee dismissed Mazars USA LLP on Jan 24, 2024; appointed WithumSmith+Brown, PC on Jan 29, 2024.
- No disagreements or reportable events between company and Mazars during its brief tenure (Oct 2023–Jan 2024).
- Change driven by significant cost savings compared to prior audit fees.
- Mazars had not issued any audit reports for past two fiscal years; appointed after 10-K filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355848/000135584824000015/0001355848-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355848/000135584824000015/toon-20240124.htm
  HTML page:      https://secwatch.observer/filing/0001355848-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer