---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-008819"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T01:56:48.840231+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios closes $4.5M public offering of common stock and warrants

## Summary
- Offered 4.375M shares, 3.52M pre-funded warrants, and 7.89M Series A and B warrants each at $0.57/unit.
- Gross proceeds ~$4.5M; net proceeds for working capital and R&D.
- Warrants exercisable only after stockholder approval, expected within 75 days.
- Roth Capital Partners acted as placement agent with 7% fee and $75k expense reimbursement.
- Post-offering shares outstanding: 44,014,793 (excluding warrant exercise).

## SEC filing metadata
- accession: 0001683168-24-008819
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316824008819/0001683168-24-008819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316824008819/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-008819
- JSON: https://secwatch.observer/filing/0001683168-24-008819.json
- Plain text: https://secwatch.observer/filing/0001683168-24-008819.txt

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