secwatch.observer — SEC 8-K summary
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Issuer:     Kartoon Studios, Inc. (TOON)
CIK:        0001355848
Form:       8-K
Filed at:   2026-07-02T11:45:07+00:00
Accession:  0001683168-26-005235
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kartoon Studios adopts limited-duration stockholder rights plan with 10% trigger
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- Rights plan triggers at 10% beneficial ownership; purchase price $3.75 per right for Series D preferred stock.
- Rights expire on July 29, 2027; not adopted in response to any specific takeover bid.
- Dividend distribution of one right per share of common stock; record date July 13, 2026.
- Board may redeem rights at $0.001 per right before distribution time; exchange provision allows swap for common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826005235/0001683168-26-005235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355848/000168316826005235/toon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-005235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer