Kartoon Studios issues 2.55M shares to settle $1.46M in past due obligations

Kartoon Studios, Inc.

Issued 2,553,047 shares to Continuation Capital to settle $1,143,884 in debts plus $315,000 additional amount.
Settlement price: 1.75 shares per dollar; shares issued under Section 3(a)(10) exemption.
Agreement approved by Florida Circuit Court on April 13, 2026, and NYSE American on April 20, 2026.
Beneficial ownership capped at 4.99%; sale volume limited to 25% of 10-day avg volume without consent.
Shares are freely-trading, unregistered; company reserves at least 2,553,047 shares.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Kartoon Studios, Inc. issued 2,553,047 shares of its common stock of common stock to Continuation Capital, Inc. for settlement of certain past due obligations and accounts payable of the Company in the aggregate amount of $1,143,884 and an additional amount of $315,000.

Security: common stock
Shares: 2,553,047 shares of its common stock
Purchaser: Continuation Capital, Inc.
Consideration: settlement of certain past due obligations and accounts payable of the Company in the aggregate amount of $1,143,884 and an additional amount of $315,000

Exact text from the filing

Kartoon Studios, Inc. (the “Company”) entered into an Agreement (the “Agreement”) with Continuation Capital, Inc. (“CCI”) wherein the Company agreed to issue an aggregate of 2,553,047 shares of its common stock to CCI in exchange for the settlement of certain past due obligations and accounts payable of the Company (the “Subject Debts”) in the aggregate amount of $1,143,884, (the “Initial Settlement Amount”) and an additional amount of $315,000 (the “Additional Settlement Amount”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Kartoon Studios, Inc. entered into Agreement with Continuation Capital, Inc. valued at $1,143,884 (effective 2026-04-20).

Action: entry
Agreement: settlement
Counterparty: Continuation Capital, Inc.
Value: $1,143,884
Effective: 2026-04-20

Exact text from the filing

Kartoon Studios, Inc. (the “Company”) entered into an Agreement (the “Agreement”) with Continuation Capital, Inc. (“CCI”) wherein the Company agreed to issue an aggregate of 2,553,047 shares of its common stock to CCI in exchange for the settlement of certain past due obligations and accounts payable of the Company (the “Subject Debts”) in the aggregate amount of $1,143,884

View on SEC.gov

Browse all equity issuances →

Kartoon Studios, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-003182

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.