Kartoon Studios Announces Private Placement of 1.7 Million Shares to Settle Obligations
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Kartoon Studios, Inc. has agreed with Continuation Capital, Inc. to settle $968,612.79 in obligations by issuing up to 1,705,071 shares of common stock. The shares will be issued at 1.75 shares per dollar of obligation, under an exemption from registration. The agreement was approved by the Florida Circuit Court and NYSE American. This news was generated by Public Technologies using AI and is for informational purposes only.
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