---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-054195"
form_type: "8-K"
ticker: "MEHA"
cik: "0001837254"
company_name: "Functional Brands Inc."
filed_at: "2026-05-11T23:59:59+00:00"
generated_at: "2026-05-14T18:55:23.007343+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Functional Brands signs binding LOI to acquire BullionFX assets for $142.9M in stock

## Summary
- Will acquire Alchemy blockchain infrastructure and related assets from BullionFX Ltd.
- Consideration of ~$142.9M in preferred stock convertible to common stock pending shareholder approval.
- Assets include gold-backed stablecoins, DeFi protocols, and real-time audit mechanisms.
- Binding exclusivity and due diligence period until May 31, 2026; LOI terminates June 15 if no definitive agreement.
- CEO calls acquisition transformational; aims to bridge physical gold markets with decentralized finance.

## SEC filing metadata
- accession: 0001213900-26-054195
- form_type: 8-K
- ticker: MEHA
- cik: 0001837254
- company_name: Functional Brands Inc.
- filed_at: 2026-05-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837254/000121390026054195/0001213900-26-054195-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837254/000121390026054195/ea0290040-8k_functional.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-054195
- JSON: https://secwatch.observer/filing/0001213900-26-054195.json
- Plain text: https://secwatch.observer/filing/0001213900-26-054195.txt

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