Funko, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Funko, Inc. on December 13, 2024. The report addresses a corporate governance event involving the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a change in board composition and does not contain financial performance data.
Material Changes
The Board of Directors increased the size of the Board from eight to nine directors. Jason Harinstein was elected as a Class I director, effective immediately on December 13, 2024.
Management Commentary and Governance Details
- New Director Profile: Jason Harinstein, age 49, brings financial expertise and knowledge of the collectibles industry. He currently serves as CFO of Collectors Holdings, Inc. and previously served as CFO for Flatiron Health.
- Board Experience: Mr. Harinstein has served on the Board of Directors of Groupon, Inc. since July 2023 and previously served on the Board of Alkuri Global Acquisition Corp.
- Compensation: Mr. Harinstein will be compensated consistent with the Company's Non-Employee Director Compensation Policy disclosed in the proxy statement filed on April 24, 2024.
- Indemnification: The Company expects to enter into its standard form of indemnification agreement with Mr. Harinstein.
Key Facts for Investor Verification
- Verify the effective date of Jason Harinstein's appointment (December 13, 2024).
- Confirm the updated Board size is now nine directors.
- Review the definitive proxy statement filed on April 24, 2024, for details on the Non-Employee Director Compensation Policy applicable to the new director.
- Note that this filing contains no financial results or guidance updates.