other material
confidence high
sentiment negative
materiality 0.60
Functional Brands' acquisition of BullionFX's Alchemy platform terminated by seller
Functional Brands Inc.
- Seller BullionFX terminated Asset Purchase Agreement on June 29, 2026.
- Deal would have acquired Alchemy gold-backed blockchain settlement platform for 100,000 Series D Preferred shares.
- Termination effective immediately; transaction will not be consummated.
- No termination fee or penalty disclosed in the filing.