SCHEDULE: Anson Funds Discloses 9.9% Stake in Kartoon Studios

Anson Funds and its affiliates have reported a 9.9% passive beneficial ownership stake in Kartoon Studios, Inc., totaling 6,581,965 shares.

Summary

• Anson Funds Management LP, Anson Management GP LLC, Tony Moore, Anson Advisors Inc., Amin Nathoo, and Moez Kassam collectively reported beneficial ownership of 6,581,965 shares of Kartoon Studios, Inc. Common Stock.
• This ownership represents 9.9% of the outstanding Common Stock of Kartoon Studios, Inc.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• The beneficial ownership includes shares of Common Stock underlying outstanding warrants, subject to beneficial ownership limitations of 4.99% and 9.99% for different warrants.
• The percentage of class was calculated by dividing 6,581,965 shares by a total of 65,885,540 shares, which includes 64,501,959 outstanding shares and 1,383,581 shares receivable from warrant exercises.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a factual disclosure of a significant passive ownership stake by an institutional investor, which is neither inherently positive nor negative for the company's operational performance, but rather an indication of investor interest.

Positives

• The disclosure of a significant 9.9% stake by Anson Funds and its affiliates may signal institutional confidence in Kartoon Studios, Inc.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Kartoon Studios, Inc. regarding its future performance or operations.

Management Comments

• Tony Moore, Manager of Anson Funds Management LP and Anson Management GP LLC, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• Amin Nathoo and Moez Kassam, Directors of Anson Advisors Inc., also signed the certification.

Industry Context

StockSavvy.ai notes that a Schedule 13G filing indicates a passive investment by an institutional investor or group, signifying that the investor holds the shares for investment purposes without intent to control or influence management. This type of disclosure often reflects an institutional investor's belief in the long-term value of the company's stock.

Stakeholder Impact

• Shareholders may view the significant institutional stake by Anson Funds as a positive signal of confidence in Kartoon Studios, potentially influencing market perception and trading activity.

Key Dates

Keywords

Kartoon Studios, Anson Funds, Schedule 13G, Beneficial Ownership, Institutional Investment, Common Stock, Equity Stake, Investment Advisor