Functional Brands: Helena reports 9.94% stake

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).

Rhea-AI Filing Summary

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.

Insights

Institutional Ownership Analyst

Helena reports a near-10% passive stake in Functional Brands.

The filing lists 2,418,208 shares and 9.94% beneficial ownership as reported on 05/13/2026. The statement of sole voting and dispositive power indicates control of voting and sale decisions for the reported position.

Timing and intent beyond the ownership level are not disclosed in the excerpt. Subsequent filings or amendments would show whether the stake is held passively or will trigger active engagement; any material change would appear in later SEC reports.

Key Figures

Form type: SCHEDULE 13G Beneficial ownership: 2,418,208 shares Percent of class: 9.94% +2 more

5 metrics

Form type SCHEDULE 13G ownership disclosure

Beneficial ownership 2,418,208 shares reported ownership by Helena Global Investment Opportunities 1 Ltd.

Percent of class 9.94% percent of Common Stock reported

CUSIP 360948103 Functional Brands Inc. Common Stock identifier

Sole voting power 2,418,208 shares shares with sole voting power as reported

Key Terms

beneficially owned, SCHEDULE 13G, sole dispositive power, CUSIP

4 terms

beneficially owned regulatory

"Amount beneficially owned: 2,418,208"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

SCHEDULE 13G regulatory

"form_type: SCHEDULE 13G"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

sole dispositive power regulatory

"Sole Dispositive Power 2,418,208.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

CUSIP financial

"CUSIP Number(s): 360948103"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Helena Global (MEHA) report in Functional Brands?

Helena Global reports beneficial ownership of 2,418,208 shares, representing 9.94% of the company. The filing shows sole voting and dispositive power over these shares and is signed on 05/13/2026.

What does the Schedule 13G filed for Functional Brands indicate?

The Schedule 13G reports beneficial ownership and voting/dispositive powers for a holder. In this case, it records 2,418,208 shares and 9.94% beneficial ownership by Helena Global.

Who signed the ownership filing for Helena Global in Functional Brands?

The filing is signed by Jeremy Weech in his capacity as Managing Partner. The signature date shown in the excerpt is 05/13/2026.

Does the filing show shared voting or dispositive power for Helena Global?

No; the excerpt lists 0 shared voting power and 0 shared dispositive power. It reports sole voting and sole dispositive power over 2,418,208 shares.

What identifier is used for Functional Brands' common stock in the filing?

The filing lists the CUSIP for the common stock as 360948103. That CUSIP is included on the Schedule 13G cover information in the excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 08:42 AM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Functional Brands Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

360948103

(CUSIP Number)

05/06/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 360948103

1

Names of Reporting Persons

Helena Global Investment Opportunities 1 Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,418,208.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,418,208.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,418,208.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.94 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Functional Brands Inc.
(b)	Address of issuer's principal executive offices: 6400 SW Rosewood Street, Lake Oswego, OR 97035, United States
Item 2.
(a)	Name of person filing: Helena Global Investment Opportunities 1 Ltd.
(b)	Address or principal business office or, if none, residence: 71 Fort Street, 3rd Floor, George Town, Grand Cayman KY1-1111, Cayman Islands
(c)	Citizenship: Cayman Islands
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 360948103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,418,208
(b)	Percent of class: 9.94%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,418,208
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,418,208
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Helena Global Investment Opportunities 1 Ltd.

Signature:	/s/ Jeremy Weech
Name/Title:	Jeremy Weech / Managing Partner
Date:	05/13/2026