---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-000494"
form_type: "8-K"
ticker: "MEHA"
cik: "0001837254"
company_name: "Functional Brands Inc."
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:49:41.373340+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Functional Brands receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Received Nasdaq letter on Dec 30, 2025; closing bid price below $1 for 30 consecutive business days.
- 180-day compliance period until June 29, 2026 to regain minimum $1 bid price.
- Company may consider reverse stock split to regain compliance with listing rule.
- If not cured by deadline, common stock subject to delisting; company may appeal.

## SEC filing metadata
- accession: 0001213900-26-000494
- form_type: 8-K
- ticker: MEHA
- cik: 0001837254
- company_name: Functional Brands Inc.
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837254/000121390026000494/0001213900-26-000494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837254/000121390026000494/ea0271440-8k_functional.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-000494
- JSON: https://secwatch.observer/filing/0001213900-26-000494.json
- Plain text: https://secwatch.observer/filing/0001213900-26-000494.txt

## Source-grounded claims
- claim_id: 389102ae1a086dd264892635674946e622e24041
  claim: Functional Brands Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  evidence_excerpt: December 30, 2025, Functional Brands Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837254/000121390026000494/0001213900-26-000494-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
