Funko Plans to Go Public

NORTH AMERICA–Funko has commenced an initial public offering of 13,333,334 shares of its Class A common stock.

April 6, 2018

Funko Plans to Go Public

The pop culture consumer products company is estimating the IPO price to be between $14 and $16 per share.

NORTH AMERICA–Funko has commenced an initial public offering of 13,333,334 shares of its Class A common stock.

Of its IPO, approximately 11,606,216 shares are being offered by Funko, while roughly 1,727,118 are being offered by certain selling stockholders. The underwriters will also have the option to purchase an addition 2,000,000 shares of Class A common stock for 30 days.

The company, which filed on the NASDAQ as FNKO, is currently estimating the IPO price to be between $14 and $16 per share.

In addition, Goldman Sachs & Co., 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. Finally, Stifel, BMO Capital Markets and SunTrust Robinson Humphrey are acting as co-managers for the proposed offering.

Further details regarding the IPO have not been released

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