Nomura Holdings Reports New 5.8% Stake in Kartoon Studios, Inc. (TOON)

Nomura Holdings, Inc. and its wholly owned subsidiary, Nomura Global Financial Products, Inc. (NGFP), have filed a Schedule 13G reporting a new 5.8% ownership stake in Kartoon Studios, Inc. (TOON). As of the event date on March 31, 2026, the filers reported beneficial ownership of 3,286,664 shares of common stock. The filing indicates that these shares are held with shared voting and dispositive power between Nomura Holdings, Inc. and NGFP. The acquisition was made in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. This filing marks a significant increase from a previous ownership position of 0.0%. The calculation of the ownership percentage is based on 56,336,035 shares outstanding as reported in the issuer's annual report for the fiscal year ended December 31, 2025. The filing was signed on May 15, 2026, by Samir Patel, acting as Managing Director for Nomura Holdings and Authorized Officer for NGFP.