---
schema_version: "secwatch.filing_event.v1"
accession: "0001704711-25-000120"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:51:40.625368+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Funko files S-3 for $100M, warns of going concern, credit amendment signed

## Summary
- Filing S-3 to register up to $100M of securities and resale of 12.6M shares by a selling stockholder.
- Entered Amendment No. 4 to credit agreement on July 16, 2025; covenants will be breached from Q4 2025.
- Substantial doubt about ability to continue as a going concern due to insufficient cash to repay loans by Sept 2026.
- Forecasts insufficient cash flows to support working capital needs within next twelve months.
- Auditor's report includes explanatory paragraph on going concern; material weaknesses in internal control exist.

## SEC filing metadata
- accession: 0001704711-25-000120
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000170471125000120/0001704711-25-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000170471125000120/fnko-20250807_d2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704711-25-000120
- JSON: https://secwatch.observer/filing/0001704711-25-000120.json
- Plain text: https://secwatch.observer/filing/0001704711-25-000120.txt

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