Kartoon Studios, Inc. — Form 8-K

Kartoon Studios (market cap ~$33.8M) adopted comprehensive bylaw amendments on July 1, 2026, substantially restricting stockholder power. Key changes: eliminated stockholder ability to call special meetings or act by written consent; raised quorum to 33.34%; tightened advance notice deadlines for director nominations (120–90 days before meetings); required strict stockholder presence requirements; mandated 66.67% supermajority to amend bylaws; adopted classified board with 2-year staggered terms; and designated Nevada courts as exclusive forum for internal disputes. Company also adopted a form indemnification agreement providing broad director/officer protections, advance expense funding, and Change of Control protections.