Announcement • Mar 11

Robbins Geller Rudman & Dowd and Stull, Stull & Brody Proposes Settlement Against Funko, Funko Acquisition Holdings, Goldman Sachs & Co, Jp Morgan Securities, Merrill Lynch Pierce Fenner & Smith Incorporated, Piper Jaffray & Co, Jefferies, Stifel Nicolaus & Company Incorporated, Bmo Capital Markets Corp, Suntrust Robinson Humphrey, Fundamental Capital, Fundamental Capital Partners, Acon Investments, Acon Funko Manager, Acon Funko Investors, Acon Funko Investors Holdings I, and Acon Equity Genpar

All Persons Who Purchased or Otherwise Acquired Funko, Inc. Common Stock Pursuant to or Traceable to the Registration Statement and Prospectus Issued in Connection with Funko's November 1, 2017, Initial Public Offering ("Class"). Pursuant to Rule 23 of the Washington Superior Court Civil Rules and an Order of the Superior Court of Washington in and for King County, that Court-appointed Class Representatives Robert Lowinger, The Ronald and Maxine Linde Foundation, and Carl Berkelhammer, on behalf of themselves and all members of the Class, and Defendants Funko, Funko Acquisition Holdings, L.L.C., Brian Mariotti, Russell Nickel, Ken Brotman, Gino Dellomo, Charles Denson, Diane Irvine, Adam Kriger, and Richard McNally (the "Individual Defendants" and with Funko and Funko Acquisition Holdings, L.L.C., the "Funko Defendants"), Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Piper Jaffray & Co., Jefferies LLC, Stifel, Nicolaus & Company, Incorporated, BMO Capital Markets Corp., and SunTrust Robinson Humphrey, Inc. (n/k/a Truist Securities, Inc.) (the "Underwriter Defendants"), Fundamental Capital, LLC and Fundamental Capital Partners, LLC (the "Fundamental Defendants"), and ACON Investments, L.L.C., ACON Funko Manager, L.L.C., ACON Funko Investors, L.L.C., ACON Funko Investors Holdings I, L.L.C., and ACON Equity GenPar, L.L.C., have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $14,750,000 (the "Settlement"). A hearing will be held before the Honorable Karen Donohue on June 6, 2025, at 9:00 a.m., in Courtroom E-863 of the King County Superior Court, 516 3rd Avenue, Seattle, WA 98104 (the "Settlement Hearing") to determine whether the Court should: (i) approve the proposed Settlement as fair, reasonable, and adequate; (ii) dismiss the Action with prejudice as provided in the Stipulation of Settlement, dated February 7, 2025; (iii) approve the proposed Plan of Allocation for distribution of the proceeds of the Settlement (the "Net Settlement Fund") to Class members; and (iv) approve Class Counsel's Fee and Expense Application. The Court may change the date of the Settlement Hearing without providing another notice. Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing, will be posted to the Settlement website. If you are a member of the Class, to be eligible to share in the distribution of the Net Settlement Fund, must submit a Claim Form postmarked or submitted online no later than July 2, 2025. If are a member of the Class and do not timely submit a valid Claim Form, will not be eligible to share in the distribution of the Net Settlement Fund, but will nevertheless be bound by all judgments or orders entered by the Court relating to the Settlement, whether favorable or unfavorable. If are a member of the Class and wish to exclude yourself from the Class, must submit a written request for exclusion in accordance with the instructions set forth in the Notice so that it is received no later than May 16, 2025. If properly exclude yourself from the Class, will not be bound by any judgments or orders entered by the Court relating to the Settlement, whether favorable or unfavorable, and will not be eligible to share in the distribution of the Net Settlement Fund. Any objections to the proposed Settlement, Class Counsel's Fee and Expense Application, and/or the proposed Plan of Allocation must be filed with the Court, either by mail or in person, and be mailed to counsel for the Parties in accordance with the instructions in the Notice, such that they are receivedno later than May 16, 2025.

Announcement • Aug 03

Funko, Inc. Agrees on Terms to Resolve Shareholder Derivative Litigation

Funko, Inc. announced that it has agreed to resolve derivative claims asserted on the company's behalf and for the company's benefit in multiple stockholder derivative lawsuits filed in the United States District Court for the Central District of California and the Court of Chancery of the State of Delaware. On July 26, 2024, the Court entered an order preliminarily approving the settlement terms and providing for the notice of the settlement terms to be made to Funko stockholders. The settlement terms are subject to final approval by the Court, and the Court has scheduled a hearing for November 15, 2024 at 1:30 p.m. Pacific Time at the First Street Courthouse, Courtroom 9B, 9th Floor, Los Angeles, CA 90012, to consider approval of the settlement terms. Stockholders have the right to object to the settlement terms. The deadline for stockholders to submit an objection to the settlement terms is October 17, 2024. Upon final approval by the Court, the settlement will fully resolve the derivative actions. Pursuant to the July 26, 2024 Preliminary Approval Order entered in the above-captioned stockholder derivative action, that a Stipulation and Agreement of Settlement dated March 4, 2024 (the Stipulation or Settlement) has been entered to resolve all stockholder derivative claims pending on behalf of nominal defendant Funko pending in several related stockholder derivative actions in state and federal courts (the Litigation). The Litigation alleges that the Individual Defendants breached their fiduciary duties to Funko by making or causing Funko to make allegedly false and misleading statements to Funko stockholders and the public regarding the Company’s sales and growth and allegedly failing to disclose important adverse facts about Funko’s operations and financial forecast regarding the Company’s lower-than-expected sales and the risk that Funko may need to write-down slower moving inventory. The Litigation alleges that the Individual Defendants failed to disclose material issues with the Company’s primary operations, including its inventory management, and that the price of the Company’s securities was artificially inflated as a result. In connection with, and conditioned upon, the Settlement, Funko has agreed to implement and/or maintain corporate governance Measures, as defined and set forth in the Stipulation. The outside non-employee members of Funko’s Board (including all independent, non-defendant members) have determined, in an exercise of their business judgment, that: the litigation demands, the Litigation, and the Plaintiffs’ and Plaintiffs’ Counsels’ efforts were a substantial and material factor in the Board’s agreement to adopt, implement, and maintain the Measures for the agreed term; the Measures provide a significant and material benefit to the Company and its stockholders; and the settlement is fair, reasonable, and in the best interests of the Company and its stockholders. The Defendants dispute the allegations in the Litigation and enter into the Stipulation and Settlement without in any way acknowledging any fault, liability, or wrongdoing of any kind. On November 15, 2024, at 1:30 p.m., First Street Courthouse, Courtroom 9B, 9th Floor, Los Angeles, California 90012, the Honorable Judge Wesley Hsu will hold a hearing (the Settlement Hearing) in the Action. The purpose of the Settlement Hearing is to determine, pursuant to Federal Rule of Civil Procedure 23.1: whether the terms of the Settlement are fair, reasonable, and adequate and should be approved; whether the notice of the Settlement to Current Funko Stockholders fully satisfied the requirements of Federal Rule of Civil Procedure 23.1 and the requirements of due process; whether a final judgment should be entered; whether the separately negotiated and agreed-to Fee and Expense amount of $2,150,000 million to be paid to Plaintiffs’ Counsel by Funko’s insurers should be approved; whether Service Awards for each of the Plaintiffs in the amount of $2,500 each, to be paid out of the Fee and Expense Amount, should be approved; and such other matters as may be necessary or proper under the circumstances. The Court may: approve the Settlement, with such modifications as may be agreed to by counsel for the Settling Parties consistent with such Settlement, without further notice to Current Funko Stockholders; continue or adjourn the Settlement Hearing from time to time, by oral announcement at the hearing or at any adjournment thereof, without further notice to Current Funko Stockholders; and conduct the Settlement Hearing remotely without further notice to Current Funko Stockholders.

Interest coverage ratio	n/a
Cash	US$42.15m
Equity	US$186.13m
Total liabilities	US$499.10m
Total assets	US$685.23m

Data	Last Updated (UTC time)
Company Analysis	2026/05/07 01:00
End of Day Share Price	2026/05/07 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

Analyst	Institution
Gerrick Johnson	BMO Capital Markets Equity Research
Alexander Perry	BofA Global Research
Keegan Tierney Cox	D.A. Davidson & Co.

Funko Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Funko (NASDAQ:FNKO) Has Debt But No Earnings; Should You Worry?

Is Funko (NASDAQ:FNKO) Using Too Much Debt?

Funko (NASDAQ:FNKO) Is Carrying A Fair Bit Of Debt

Funko (NASDAQ:FNKO) Is Carrying A Fair Bit Of Debt

Recent updates

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Funko, Inc., Annual General Meeting, Jun 03, 2026

Funko, Inc. to Report Q1, 2026 Results on May 07, 2026

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FNKO: Future AEBITDA And Refinancing Prospects May Keep Shares Fairly Priced

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Consensus EPS estimates fall by 2,250%

New minor risk - Profitability

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FNKO: New Collectibles Line Will Support Steady Outlook Through 2026

FNKO: New Blind Box Line Will Support Balanced Outlook Through 2026

New minor risk - Share price stability

Funko, Inc. Announces Changes in Board, Effective January 12, 2026

Funko, Inc.'s (NASDAQ:FNKO) Shares Leap 29% Yet They're Still Not Telling The Full Story

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FNKO: Premium Blind Box Expansion Will Drive Stronger Future Earnings Power

FNKO: New Collectible Line Will Support Upside Through 2026

Funko (NASDAQ:FNKO) Has Debt But No Earnings; Should You Worry?

FNKO: Expanded Product Offerings Will Drive Revenue Upside Through 2026

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Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

New major risk - Revenue and earnings growth

Funko, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025

Now 24% undervalued after recent price drop

Now 22% undervalued after recent price drop

Funko, Inc.'s (NASDAQ:FNKO) Price Is Right But Growth Is Lacking After Shares Rocket 30%

Should You Investigate Funko, Inc. (NASDAQ:FNKO) At US$4.01?

Now 22% undervalued after recent price drop

Estimating The Fair Value Of Funko, Inc. (NASDAQ:FNKO)

New minor risk - Shareholder dilution

Funko, Inc. Appoints Josh Simon to the Funko Board of Directors, Effective September 1, 2025

International Pop Culture And E-Commerce Trends Will Build Lasting Resilience

Market Cool On Funko, Inc.'s (NASDAQ:FNKO) Revenues Pushing Shares 46% Lower

Now 42% undervalued after recent price drop

Funko, Inc. has filed a Follow-on Equity Offering in the amount of $40 million.

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Funko, Inc. Provides Earnings Outlook for Second Half of 2025

Consensus EPS estimates fall by 88%

Funko, Inc. Announces Resignation of Cynthia Williams from Board, Effective July 5, 2025

Funko, Inc. Announces Chief Executive Officer Changes, Effective July 5, 2025

Funko, Inc.'s (NASDAQ:FNKO) Share Price Boosted 28% But Its Business Prospects Need A Lift Too

Funko, Inc. Announces Major League Baseball Collaboration

CEO & Director exercised options and sold US$187k worth of stock

Consensus EPS estimates fall by 178%

New major risk - Share price stability

International Licensing And Diversified Offerings Will Boost Future Success

First quarter 2025 earnings: EPS misses analyst expectations

Funko, Inc. (NASDAQ:FNKO) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Funko, Inc., Annual General Meeting, Jun 12, 2025

New minor risk - Share price stability

Is Funko (NASDAQ:FNKO) Using Too Much Debt?

Funko: Heightened Uncertainty, But This Is A Very Buyable Dip (Rating Upgrade)

CEO & Director recently bought US$107k worth of stock

Chief Commercial Officer exercised options and sold US$55k worth of stock

Funko Stock: The Market Is Getting This One Wrong Again

Full year 2024 earnings: EPS misses analyst expectations

With A 26% Price Drop For Funko, Inc. (NASDAQ:FNKO) You'll Still Get What You Pay For

Funko, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2025

Funko, Inc. Appoints Glenn Abell as Senior Vice President of Sales for the U.S. and Canada

Funko Partners with the NBA to Launch Personalized Pop! Yourself Collectibles Featuring Official Logos of All 30 Teams on February 14

Funko Announces Appointment of Jenn Reeves as Senior Vice President of Brand

Market Might Still Lack Some Conviction On Funko, Inc. (NASDAQ:FNKO) Even After 27% Share Price Boost

Chief Commercial Officer notifies of intention to sell stock

Funko: Sales Are Still Shaky, But The Strategic Shift To Profitability Is Unquestionable

Funko (NASDAQ:FNKO) Is Carrying A Fair Bit Of Debt

Chief Legal Officer & Secretary notifies of intention to sell stock