secwatch.observer — SEC 8-K summary
======================================

Issuer:     Functional Brands Inc. (MEHA)
CIK:        0001837254
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001213900-26-000494
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837254/000121390026000494/0001213900-26-000494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837254/000121390026000494/ea0271440-8k_functional.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-000494

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer