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.

 

via License Global

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