---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-008004"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:17:01.943202+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios increases authorized common shares from 40M to 190M

## Summary
- Stockholders approved raising authorized common shares from 40M to 190M at Nov 1 special meeting.
- Total authorized shares increased from 50M to 200M to accommodate the common share increase.
- Certificate of Change filed with Nevada SOS on Nov 9, 2023, effective immediately.

## SEC filing metadata
- accession: 0001683168-23-008004
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2023-11-14T23:59:59+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/1355848/000168316823008004/0001683168-23-008004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316823008004/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-008004
- JSON: https://secwatch.observer/filing/0001683168-23-008004.json
- Plain text: https://secwatch.observer/filing/0001683168-23-008004.txt

## Key facts
- Governance Changes
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1355848/000168316823008004/0001683168-23-008004-index.htm

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