8-K
filed June 1, 2026, 6:08 PM ET
ticker MEHA
CIK 0001837254
other material
confidence high
sentiment neutral
materiality 0.75
Shareholders approve reverse stock split up to 1:250; 2026 equity plan also OK'd
Functional Brands Inc.
- Special meeting held June 1, 2026; quorum 35.93% (7,874,310 of 21,912,868 shares).
- Proposal 1: Reverse stock split amendment approved: 4,492,117 FOR, 3,361,162 AGAINST, 21,031 abstain.
- Board may set ratio from 1:2 to 1:250 at any time within one year of the meeting.
- Proposal 2: 2026 Equity Incentive Plan approved: 4,613,683 FOR, 1,527,837 AGAINST, 58,670 abstain, 1,732,790 broker non-votes.
- Record date for voting was April 16, 2026.
Machine-readable event card
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- Functional Brands Inc.
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- 2026-06-01T22:08:45+00:00
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- 2026-06-02T10:05:00.256015+00:00
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- 0.75
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- 0.75
- confidence
- high
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- https://www.sec.gov/Archives/edgar/data/1837254/000121390026063630/ea0293095-8k_functional.htm
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- deepseek-v4-flash:cloud@v2
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Proposal No. 2: Approval of the Functional Brands Inc. 2026 Equity Incentive Plan The second proposal was the approval of the Functional Brands Inc. 2026 Equity Incentive Plan. The vote on the proposal was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTE 4,613,683 1,527,837 58,670 1,732,790 Proposal No. 2 was approved by a majority of the votes cast.
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