{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-000732","form_type":"8-K","ticker":"TOON","cik":"0001355848","company_name":"Kartoon Studios, Inc.","filed_at":"2023-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.593306+00:00","generated_at":"2026-06-19T17:42:36.479716+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Genius Brands announces 1-for-10 reverse stock split to maintain Nasdaq listing","bullets":["1-for-10 reverse stock split effective Feb 13, 2023; outstanding shares reduced from ~318.5M to ~31.8M.","Split reduces authorized common from 400M to 40M; new CUSIP 37229T 509; trading symbol remains GNUS.","Company was in second 180-day compliance period ending Feb 27, 2023; split aims to regain $1 minimum bid price.","No stockholder approval required; fractional shares rounded up; no cash paid in lieu.","COO states split also intended to deter illegal naked short selling and attract institutional investors."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-000732","json":"https://secwatch.observer/filing/0001683168-23-000732.json","markdown":"https://secwatch.observer/filing/0001683168-23-000732.md","text":"https://secwatch.observer/filing/0001683168-23-000732.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355848/000168316823000732/0001683168-23-000732-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355848/000168316823000732/genius_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T17:42:36.479716+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6406fca893bae274b87e122106450dfa74018fd9","claim":"Kartoon Studios, Inc.: Reverse stock split at a 1-for-10 ratio, effective February 10, 2023, via filing of Certificate of Change with Nevada Secretary of State (effective 2023-02-10).","evidence_excerpt":"The Company effected the Reverse Stock Split pursuant to the Company’s filing of a Certificate of Change to the Articles of Incorporation (the “Certificate”) with the Nevada Secretary of State on February 9, 2023, in accordance with Nevada Revised Statutes (“NRS”) 78.209.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355848/000168316823000732/0001683168-23-000732-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-02-10"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}