Current Report Filing (8-k)

Date : 08/30/2019 @ 8:09PM
Source : Edgar (US Regulatory)
Stock : Funko Inc (FNKO)
Quote : 14.62  -0.1 (-0.68%) @ 11:21PM
After Hours
Last Trade
Last $ 14.60 ▼ -0.02 (-0.14%)

Current Report Filing (8-k)

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

August 30, 2019

Date of Report (Date of earliest event reported) 

 

 

 FUNKO, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

001-38274

 

35-2593276

(State or Other Jurisdiction
of Incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

2802 Wetmore Avenue

Everett, Washington 98201

(Address of Principal Executive Offices) (Zip Code)

 

(425) 783-3616

(Registrant’s telephone number, including area code)

  

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock,

$0.0001 par value per share

FNKO

The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 


 

Item 8.01. Other Events.

As previously disclosed, during the three months ended June 30, 2019, Funko, Inc. (the “Company”) identified that its subsidiary, Loungefly, LLC, which was acquired on June 28, 2017, had underpaid certain duties owed to U.S. Customs and Border Protection, resulting in certain errors to the Company’s previously-issued consolidated financial statements.  While the Company concluded that the errors identified were immaterial individually and in the aggregate to such financial statements, the Company further concluded that correcting the errors cumulatively would have been material to its consolidated statement of operations for the three and six months ended June 30, 2019.  

Accordingly, the Company elected to revise prior period amounts to reflect the correction of these and other previously identified immaterial errors, which revisions (for prior quarterly periods) were disclosed in the unaudited condensed consolidated financial statements included in Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2019.  In addition, the Company has elected to revise its annual financial statements and schedules included in its Annual Report on Form 10-K for the year ended December 31, 2018 to reflect the corrections relating to the periods disclosed therein. Such revised annual financial statements are being filed as Exhibit 99.1 hereto.  The Company has also elected to revise its quarterly financial statements included in the Quarterly Report on Form 10-Q for the three months ended March 31, 2019 to reflect the corrections relating to the periods disclosed therein.  Such revised quarterly financial statements are being filed as Exhibit 99.2 hereto.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits:

23.1

Consent of Ernst & Young LLP

99.1

Revised 2018 Annual Report Sections

 

Part II – Item 8. Financial Statements

99.2

Revised Q1 2019 Quarterly Report Sections

 

Part I – Item 1. Financial Statements

101.INS

XBRL Instance Document

101.SCH

XBRL Taxonomy Extension Schema Document

101.CAL

XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF

XBRL Taxonomy Definition Linkbase Document

101.LAB

XBRL Taxonomy Label Linkbase Document

101.PRE

XBRL Taxonomy Extension Presentation Linkbase Document



 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 30, 2019FUNKO, INC.

By:

/s/ Jennifer Fall Jung

 

Jennifer Fall Jung

 

Chief Financial Officer (Principal Financial Officer)

 

 

Funko (NASDAQ:FNKO)
Historical Stock Chart

1 Year : From Dec 2018 to Dec 2019

Click Here for more Funko Charts.

Funko (NASDAQ:FNKO)
Intraday Stock Chart

Today : Wednesday 11 December 2019

Click Here for more Funko Charts.

Latest FNKO Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.