Funko, Inc. Launches Initial Public Offering

October 23, 2017 at 6:56 AM EDT

EVERETT, Wash.--()--Funko, Inc. ("Funko”), a leading pop culture consumer products company, announced today that it has commenced an initial public offering of 13,333,334 shares of its Class A common stock, approximately 11,606,216 of which are being offered by Funko and approximately 1,727,118 of which are being offered by certain selling stockholders. The underwriters will also have the option for 30 days to purchase up to an additional 2,000,000 shares of Class A common stock (approximately 1,539,435 shares from Funko and approximately 460,565 shares from the selling stockholders). The initial public offering price is currently estimated to be between $14.00 and $16.00 per share. Funko has applied to list its Class A common stock on the NASDAQ Global Select Market under the ticker symbol “FNKO.”

Goldman Sachs & Co. LLC, J.P. Morgan and BofA Merrill Lynch are serving as joint lead book-running managers and as representatives of the underwriters for the proposed offering. Piper Jaffray and Jefferies are also acting as joint book-running managers for the proposed offering. Stifel, BMO Capital Markets, and SunTrust Robinson Humphrey are acting as co-managers for the proposed offering.

The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from any of the following sources:

  • Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: prospectusgroup-ny@ny.email.gs.com; or
  • J.P. Morgan Securities LLC, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204; or
  • BofA Merrill Lynch, Attention: Prospectus Department, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, or via email: dg.prospectus_requests@baml.com.

A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Investor Relations:
ICR
John Rouleau, 203-682-8200
John.Rouleau@ICRinc.com
or
ICR
Rachel Schacter, 203-682-8200
Rachel.Schacter@ICRinc.com
or
Media:
ICR
Julia Young, 203-682-8200
FunkoPR@icrinc.com