---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-007700"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T02:59:34.331570+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios raises ~$7.3M in equity offering to fund new series and expansion

## Summary
- Gross proceeds of ~$7.3M from 3M shares, pre-funded warrants for 6.9M shares, and common warrants for 9.9M shares at $0.738/share.
- Proceeds to fund global launch of 'Hundred Acre Wood's Winnie & Friends', 'Bitcoin Brigade', Stan Lee Universe expansion, and Kartoon Channel! content.
- Common warrants exercisable at $0.738/share after six-month lockout, expiring five years from initial exercise date.
- Investor agreed not to sell Company securities below $1.00 until December 31, 2025.
- Placement agent Dawson James receives 7% cash fee and warrants for 693,213 shares at $0.8118 per share.

## SEC filing metadata
- accession: 0001683168-25-007700
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316825007700/0001683168-25-007700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316825007700/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-007700
- JSON: https://secwatch.observer/filing/0001683168-25-007700.json
- Plain text: https://secwatch.observer/filing/0001683168-25-007700.txt

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