Welcome to our dedicated page for Functional Brands SEC filings (Ticker: MEHA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Functional Brands, Inc. (NASDAQ: MEHA) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a public issuer on the Nasdaq Capital Market. Functional Brands is a health and wellness company focused on acquiring and growing science-based consumer brands such as Kirkman®, P2i by Kirkman®, Hemptown Naturals and Healthy Assist by Kirkman, and its filings offer detailed insight into this business.
Through documents filed with the U.S. Securities and Exchange Commission, investors can review information on Functional Brands’ capital structure, financial condition and operating performance. For example, the company has filed a Form 8-K describing the release of financial results for a fiscal quarter, including revenue, gross profit, operating expenses and net income, along with balance sheet and cash flow data. Filings also identify MEHA common stock as registered under Section 12(b) of the Exchange Act and listed on The Nasdaq Stock Market LLC, and note the company’s status as an emerging growth company.
On this page, users can monitor current and historical filings such as Form 8-K for material events and earnings announcements, as well as other periodic and registration statements that may be filed over time. These documents help explain how Functional Brands reports on its wellness and performance products business, its portfolio of brands and its financial results.
Stock Titan enhances access to MEHA filings with tools that surface new submissions from EDGAR and organize them by form type and date. This structure allows readers to quickly locate items such as quarterly updates, capital markets disclosures and other regulatory documents that shape the public record for Functional Brands, Inc.
Functional Brands Inc. has signed a non-binding letter of intent to acquire certain assets and intellectual property of BullionFX Ltd, including its Alchemy blockchain platform, in an all-stock transaction with an expected value of approximately $142.9 million.
The BullionFX platform is designed to enable on-chain settlement backed by physical gold holdings and to support products such as gold- and U.S. dollar-backed stablecoins, decentralized lending and borrowing, and other tokenized financial services. Management presents this as a major strategic step beyond its wellness and telehealth roots into blockchain-enabled financial infrastructure.
The proposed deal is described as a transformational opportunity but remains subject to completion of due diligence, negotiation of a definitive agreement, regulatory approvals, and future shareholder approval. The company highlights risks including regulatory uncertainty in digital assets, integration challenges, market volatility, and the potential for significant dilution to existing stockholders if the all-stock acquisition proceeds.
Functional Brands Inc. — amended Schedule 13G/A reporting zero beneficial ownership. Helena Global Investment Opportunities 1 Ltd. files an amendment stating it beneficially owns 0 shares of Common Stock, representing 0% of the class. The filing lists voting and dispositive powers as 0 and is signed by Jeremy Weech.
Functional Brands Inc. reported modest revenue growth but a sharply wider loss for the first quarter ended March 31, 2026. Net revenue rose 3.5% to $1,645,524, while gross profit increased 11% to $961,133. Gross profit margin expanded 390 basis points to 58.4%, helped by higher-margin direct-to-consumer channels.
Despite better margins, higher operating costs and capital-structure actions drove a much larger loss. Sales and marketing expenses grew 48% and general and administrative expenses rose 92%, contributing to an operating loss of $682,805 versus $32,100 a year earlier. Other expense was heavily impacted by a $6,310,464 loss on issuance of preferred stock, leading to a net loss of $6,990,789 compared with $126,782 in the prior-year quarter. At March 31, 2026, cash was $1,077,967, total liabilities were $11,724,716, and stockholders’ equity showed a deficit of $4,510,764, down from positive equity of $1,541,331 at December 31, 2025.
Functional Brands Inc. reported a sharply wider loss for the quarter ended March 31, 2026, while revenue grew modestly. Net revenue rose to $1.65M from $1.59M, with nutraceutical supplements contributing nearly all sales as the company wound down its hemp-based products business.
Despite higher gross profit of $0.96M, operating expenses jumped to $1.64M, driving an operating loss of $0.68M. A large noncash loss of $6.31M related to preferred stock and derivative remeasurement pushed net loss to $6.99M, or $(0.36) per share, versus a $0.13M loss a year earlier.
The balance sheet weakened materially: cash declined to $1.08M, total assets were $7.21M, and total liabilities increased to $11.72M, resulting in stockholders’ deficit of $4.51M. Management discloses substantial doubt about the company’s ability to continue as a going concern and is relying on additional debt and equity financing while carrying significant Series C preferred, convertible notes and warrant overhang.
Functional Brands Inc. received a Schedule 13G from Helena Global Investment Opportunities 1 Ltd. reporting beneficial ownership of 2,418,208 shares, equal to 9.94% of the outstanding common stock (CUSIP 360948103). The filing lists sole voting and dispositive power over these shares and is signed by Jeremy Weech on 05/13/2026.
Functional Brands Inc. reports that Leonite Fund I LP and Avi Geller jointly filed a Schedule 13G disclosing ownership of 2,289,424 shares of common stock. The filing states this equals approximately 8.8% of the outstanding common stock based on 25,986,67 shares outstanding. Leonite is the record owner; Mr. Geller is described as having sole voting and dispositive power over the shares held by Leonite and is deemed an indirect beneficial owner, while disclaiming beneficial ownership except to his pecuniary interest.
Functional Brands Inc. entered into a Conversion Price Reduction and Waiver Agreement with all holders of its Series C Convertible Preferred Stock. The agreement reduces the conversion price during the Fixed Conversion Period to $0.1636 per share of common stock, replacing previously tiered conversion prices in the Series C Certificate.
The company and holders also waive the prior prohibition on below-price conversions for conversions at this reduced price. Functional Brands plans to amend the Series C Certificate to reflect these new terms. Any unpaid Cash Consideration from a March 9, 2026 Exchange and Amendment Agreement will be added as additional, unsecured principal to the applicable holders’ existing exchange notes, with interest on that added principal also unsecured.
Functional Brands Inc. entered into a binding letter of intent to acquire the assets and intellectual property of BullionFX, including its Alchemy blockchain platform, in an all‑stock transaction valued at approximately $142.9 million.
The seller would receive preferred stock that is expected to convert into common shares after shareholder approval in line with Nasdaq requirements. The LOI includes a due diligence period through May 31, 2026, and automatically terminates by June 15, 2026 if no definitive agreement is signed. The company highlights multiple risks, including valuation, regulatory and shareholder approvals, integration challenges, and potential dilution for existing stockholders.
Functional Brands Inc. is asking stockholders to approve a potential reverse stock split and a new 2026 Equity Incentive Plan at a virtual special meeting on May 28, 2026. The reverse split could range from 1-for-2 to 1-for-250, at the Board’s discretion, any time within one year of the meeting. The company also seeks approval of a 2026 Equity Incentive Plan authorizing 4,000,000 shares for employee, director and consultant awards, with an annual share increase feature. A separate proposal would allow adjournment of the meeting to solicit more votes if needed. All proposals require approval by stockholders of record as of April 16, 2026.
Functional Brands Inc. filed an 8-K describing an amendment to the employment agreement of its Chief Executive Officer, Eric Gripentrog. On April 17, 2026, the board’s Compensation Committee approved Amendment No. 2 to his March 1, 2025 Executive Employment Agreement.
The amendment aligns the CEO’s employment term with the company’s fiscal calendar year, clarifies that all compensation amounts in the agreement are stated in U.S. dollars, and restates his essential duties, responsibilities, and consolidated net revenue targets used for bonus determination. The full text of the amendment is filed as Exhibit 10.1.