---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-006663"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:10:18.825608+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios issues Series C Preferred dividend to secure vote on authorized share increase

## Summary
- One one-thousandth of Series C Preferred per common share; record date Oct 2, 2023.
- Series C voting rights limited to proposal to raise authorized common shares from 40M to 190M.
- Series C automatically redeemed after shareholder vote for nominal cash (2 cents per ten shares).
- Bylaws amended to reduce quorum for stockholder meetings from majority to 33.34%.

## SEC filing metadata
- accession: 0001683168-23-006663
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316823006663/0001683168-23-006663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316823006663/kartoonstudios_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-006663
- JSON: https://secwatch.observer/filing/0001683168-23-006663.json
- Plain text: https://secwatch.observer/filing/0001683168-23-006663.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.