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Kartoon Studios ( (TOON) ) has issued an announcement.
Kartoon Studios, Inc. entered into an agreement with Continuation Capital, Inc. to settle obligations amounting to $1,799,162.60 by issuing up to 3,148,535 shares of its common stock. The agreement was approved by the Circuit Court of Sarasota County, Florida on August 28, 2025, and became binding on September 2, 2025, following approval from the NYSE American, potentially impacting the company’s financial structure and shareholder composition.
The most recent analyst rating on (TOON) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Kartoon Studios stock, see the TOON Stock Forecast page.
Spark’s Take on TOON Stock
According to Spark, TipRanks’ AI Analyst, TOON is a Neutral.
Kartoon Studios’ overall stock score is primarily impacted by its challenging financial performance, with persistent profitability and cash flow issues. Technical analysis provides a neutral outlook, while valuation metrics highlight significant concerns due to negative earnings. The absence of earnings call insights and corporate events leaves these areas unaddressed.
To see Spark’s full report on TOON stock, click here.
More about Kartoon Studios
Kartoon Studios, Inc. operates in the entertainment industry, focusing on producing animated content and related products.
Average Trading Volume: 180,135
Technical Sentiment Signal: Sell
Current Market Cap: $39.66M
See more insights into TOON stock on TipRanks’ Stock Analysis page.