Kartoon Studios Adopts Limited Duration Stockholder Rights Plan
BEVERLY HILLS, Calif., July 02, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE:TOON) ("Kartoon Studios" or the "Company") today announced that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan") and declared a dividend distribution of one right for each outstanding share of common stock. The record date for such dividend distribution is July 13, 2026. The Rights Plan has not been adopted in response to any specific takeover bid or other proposal to acquire control of Kartoon Studios. Additional information regarding the Rights Plan will be contained in a Form 8-K to be filed by Kartoon Studios with the U.S. Securities and Exchange
