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Functional Brands Inc ( (MEHA) ) has provided an update.
On December 30, 2025, Functional Brands Inc. entered into a Series A Convertible Preferred Stock Purchase Agreement with Helena Global Investment Opportunities 1 Ltd. to buy back all 12,022 of the investor’s Series A Convertible Preferred shares at $15.00 per share, for a total of $180,330 funded from the company’s working capital. The transaction closed on December 31, 2025, after customary conditions were met, and the repurchased preferred shares will be cancelled, reducing the company’s outstanding Series A Preferred and forming part of its broader effort to limit potential dilution for existing stakeholders while leaving the rights of other Series A Preferred holders unchanged.
More about Functional Brands Inc
Functional Brands Inc. is a company that has issued Series A Convertible Preferred Stock as part of its capital structure, catering to institutional investors such as Helena Global Investment Opportunities 1 Ltd., with an apparent focus on managing potential equity dilution through transactions involving its preferred securities.
Average Trading Volume: 2,499,376
Current Market Cap: $3.3M
See more data about MEHA stock on TipRanks’ Stock Analysis page.