Kartoon Studios enters new employment agreements for CFO and COO; settles $969k debt with 1.7M shares

Kartoon Studios, Inc.

CFO Parisi: 2-year term, base salary $375k (Y1) then $400k (Y2), 500k RSUs vesting over 3 years.
COO/GC Jaffa: 3-year term, base salary $450k +5% annual increase, 750k RSUs, $50k guaranteed bonus Dec 2025.
Jaffa contract includes change-of-control protection: 2x salary lump sum, full equity vesting, 18-month health benefits.
Debt settlement: $968,612.79 obligation paid via up to 1,705,071 common shares at 1.75 shares/dollar; NYSE American approved Nov 26.
Shares issued under Section 3(a)(10) exemption from registration.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.