[8-K] Funko, Inc. Reports Material Event

Rhea-AI Filing Summary

comScore, Inc. (NASDAQ: SCOR) filed an 8-K on 5 Aug 2025 containing two key disclosures.

• Item 2.02: The company released Q2-25 financial results via a press release (Ex. 99.1). Specific revenue, profit or margin figures are not included in the filing; the exhibit is furnished, not filed, under Exchange Act rules.
• Item 7.01: comScore has retained Goldman Sachs & Co. LLC to advise on “strategic and capital structure alternatives.” Management says an update on potential outcomes will be provided no later than the Q3 earnings call, expected in November 2025. The language signals an active review that could encompass financings, asset sales or other corporate actions, though no details or commitments are given.

The 8-K clarifies that both items are furnished and therefore do not incur liability under Section 18 of the Exchange Act. No other material events, financial statements or pro forma data are included.

Positive

• Engagement of Goldman Sachs suggests proactive pursuit of strategic or capital structure improvements that could unlock shareholder value.
• Commitment to provide an update by November 2025 creates a near-term catalyst and improves timeline transparency.

Negative

• No Q2-25 financial metrics are included in the 8-K, limiting investors’ ability to assess current operating performance from this filing alone.
• Outcome uncertainty: retention of an advisor signals possible change but offers no guarantees, creating execution and valuation risk.

Insights

Equity Research Analyst

TL;DR: Filing signals strategic optionality; no financial detail provided.

The retention of Goldman Sachs elevates the probability of a capital structure event—refinancing, equity infusion or potential sale—within the next quarter. While the lack of embedded financial metrics limits immediate valuation work, the board’s timing commitment (update by Q3 call) places a definable catalyst on the stock. Because the press-release numbers are not here, investors must consult Ex. 99.1 for fundamentals; nevertheless, strategic review news historically drives speculative trading in small-cap analytics names like SCOR.

Corporate Governance Specialist

TL;DR: Board transparency modest; liabilities limited via “furnished” status.

Using the ‘furnished’ designation reduces litigation exposure for forward-looking statements connected to the strategic review. Board engagement of an external advisor demonstrates responsiveness to shareholder pressures but also hints at internal recognition of structural challenges. Absent firm milestones or scope, governance impact is moderately positive yet incomplete until November guidance.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

August 4, 2025

Date of Report (Date of earliest event reported)

FUNKO, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-38274		35-2593276
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2802 Wetmore Avenue

Everett, Washington 98201

(Address of Principal Executive Offices) (Zip Code)

(425) 783-3616

(Registrant’s telephone number, including area code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, $0.0001 par value per share		FNKO		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 4, 2025, Funko, Inc. (the “Company”) approved cash retention bonuses to each of Yves Le Pendeven, the Company’s Chief Financial Officer, and Tracy Daw, the Company’s Chief Legal Officer and Secretary, in the amounts of $300,000 and $150,000, respectively. The cash bonuses are payable within thirty (30) days of, and subject to continued employment with the Company through, March 31, 2026; provided that if the applicable executive’s employment is terminated by the Company without “Cause” or if the executive resigns for “Good Reason” (as such terms are defined in the respective executive’s employment agreement), then the retention bonus shall be payable within sixty (60) days of such qualifying termination, subject to the executive’s execution and non-revocation of a release of claims.

The foregoing descriptions are qualified in their entirety by reference to the form of Retention Bonus Letter Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.		Description
10.1		Form of Retention Bonus Letter Agreement
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 5, 2025						FUNKO, INC.
				By:		/s/ Tracy D. Daw
						Tracy D. Daw
						Chief Legal Officer and Secretary

FAQ

What did comScore (SCOR) announce in its 8-K dated August 5 2025?

SCOR furnished Q2-25 results via a press release and disclosed it hired Goldman Sachs to explore strategic and capital structure alternatives.

Will the strategic review result in a sale of comScore?

The filing only states Goldman Sachs will advise on alternatives; no specific transaction or outcome has been committed.

When will comScore provide an update on the review?

On or before its Q3-25 earnings call, currently planned for November 2025.

Is the Q2-25 press release considered ‘filed’ with the SEC?

No. Item 2.02 designates the release as ‘furnished,’ so it is not subject to Section 18 liability.

Where can investors find comScore’s Q2-25 financial figures?

Full numbers are in Exhibit 99.1 to this 8-K, accessible on the SEC’s EDGAR system.