Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.95
Kartoon Studios, Inc.: Stockholders approved an increase to the number of authorized shares of common stock from 40,000,000 to 190,000,000 shares, with a corresponding increase in total authorized shares from 50,000,000 to 200,000,000 shares, effective upon filing a Certificate of Change with the Nevada Secretary of State (effective 2023-11-09).
- Change
- charter amendment
- Effective
- 2023-11-09
Exact text from the filing
At a special meeting of stockholders of Kartoon Studios, Inc. (the “ Company ”) held on November 1, 2023 (the “ Special Meeting ”), the Company’s stockholders approved an increase to the number of authorized shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), from 40,000,000 shares to 190,000,000 shares and to reflect a corresponding increase in the total number of shares the Company is authorized to issue from 50,000,000 shares to 200,000,000 shares (the “ Authorized Share Increase ”).
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