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[8-K] Funko, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

C.H. Robinson Worldwide (CHRW) filed an 8-K disclosing the election of Edward G. Feitzinger, 58, to its board of directors, effective 7 Aug 2025. The action creates a new seat and does not reflect any director departure. Feitzinger offers >30 years of global logistics experience, having served as VP Global Logistics at Amazon (2016-2020) and CEO of $4.2 bn UTi Worldwide (2014-2016), where he led 21,000 staff in 59 countries until its acquisition by DSV. Earlier roles include senior positions at Menlo Worldwide, Hewlett-Packard and supply-chain consultancy E2E Analytics. He holds industrial-engineering degrees from Lehigh (BS) and Stanford (MS). A related press release is furnished as Exhibit 99.1; the filing does not outline compensation terms or committee assignments, and no other material events were reported.

C.H. Robinson Worldwide (CHRW) ha presentato un 8-K annunciando l'elezione di Edward G. Feitzinger, 58 anni, nel suo consiglio di amministrazione, con effetto dal 7 agosto 2025. Questa nomina crea un nuovo seggio e non comporta la partenza di alcun direttore. Feitzinger vanta oltre 30 anni di esperienza nella logistica globale, avendo ricoperto il ruolo di VP Global Logistics presso Amazon (2016-2020) e di CEO di UTi Worldwide, con un fatturato di 4,2 miliardi di dollari (2014-2016), dove ha guidato 21.000 dipendenti in 59 paesi fino all鈥檃cquisizione da parte di DSV. In precedenza ha ricoperto posizioni di rilievo presso Menlo Worldwide, Hewlett-Packard e la societ脿 di consulenza supply-chain E2E Analytics. Possiede lauree in ingegneria industriale presso Lehigh (BS) e Stanford (MS). Un comunicato stampa correlato 猫 fornito come Allegato 99.1; il documento non specifica i termini di compenso o le assegnazioni nelle commissioni, n茅 riporta altri eventi rilevanti.

C.H. Robinson Worldwide (CHRW) present贸 un 8-K informando sobre la elecci贸n de Edward G. Feitzinger, 58 a帽os, para su junta directiva, con efecto a partir del 7 de agosto de 2025. Esta acci贸n crea un nuevo puesto y no implica la salida de ning煤n director. Feitzinger aporta m谩s de 30 a帽os de experiencia en log铆stica global, habiendo sido VP de Log铆stica Global en Amazon (2016-2020) y CEO de UTi Worldwide, con ingresos de 4.2 mil millones de d贸lares (2014-2016), donde dirigi贸 a 21,000 empleados en 59 pa铆ses hasta su adquisici贸n por DSV. Anteriormente ocup贸 cargos senior en Menlo Worldwide, Hewlett-Packard y la consultora de cadena de suministro E2E Analytics. Posee t铆tulos en ingenier铆a industrial de Lehigh (BS) y Stanford (MS). Se adjunta un comunicado de prensa relacionado como Anexo 99.1; el documento no detalla t茅rminos de compensaci贸n ni asignaciones en comit茅s, y no se reportaron otros eventos importantes.

C.H. Robinson Worldwide (CHRW)電� 2025雲� 8鞗� 7鞚茧秬搿� Edward G. Feitzinger(58靹�)毳� 鞚挫偓須岇棎 靹犾瀯頄堧嫟瓿� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟. 鞚� 臁办箻電� 靸堧鞖� 鞚挫偓須� 鞛愲Μ毳� 鞁犾劋頃� 瓴冹溂搿�, 旮办〈 鞚挫偓鞚� 韲挫瀯瓿茧姅 氍搓磤頃╇媹雼�. Feitzinger電� 鞎勲臁挫棎靹� 旮�搿滊矊 氍茧 攵�靷灔(2016-2020)瓿� 42鞏� 雼煬 攴滊 UTi Worldwide CEO(2014-2016)毳� 鞐瀯頃橂┌ 59臧滉淡 21,000氇呾潣 歆侅洂鞚� 鞚措亴鞐堧崢 30雲� 鞚挫儊鞚� 旮�搿滊矊 氍茧 瓴巾棙鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚挫爠鞐愲姅 Menlo Worldwide, Hewlett-Packard, 瓿店笁毵� 旎劋韺� 須岇偓 E2E Analytics鞐愳劀 瓿犾渼歆侅潉 毵§晿鞀惦媹雼�. 攴鸽姅 Lehigh 雽�頃欔祼(頃欖偓)鞕赌 Stanford 雽�頃欔祼(靹濎偓)鞐愳劀 靷办梾瓿淀暀 頃欖渼毳� 氚涭晿鞀惦媹雼�. 甏�霠� 氤措弰鞛愲電� 攵�搿� 99.1搿� 觳秬霅橃柎 鞛堨溂氅�, 氤挫儊 臁瓣贝鞚措倶 鞙勳洂須� 氚办爼 雮挫毄鞚� 氇呾嫓霅橃柎 鞛堨 鞎婈碃, 雼るジ 欤检殧 靷贝霃� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.

C.H. Robinson Worldwide (CHRW) a d茅pos茅 un 8-K annon莽ant l鈥櫭﹍ection de Edward G. Feitzinger, 58 ans, 脿 son conseil d鈥檃dministration, effective au 7 ao没t 2025. Cette nomination cr茅e un nouveau si猫ge et ne r茅sulte pas du d茅part d鈥檜n administrateur. Feitzinger apporte plus de 30 ans d鈥檈xp茅rience en logistique mondiale, ayant 茅t茅 VP Global Logistics chez Amazon (2016-2020) et CEO de UTi Worldwide, chiffre d鈥檃ffaires de 4,2 milliards de dollars (2014-2016), o霉 il a dirig茅 21 000 employ茅s dans 59 pays jusqu鈥櫭� son acquisition par DSV. Il a auparavant occup茅 des postes de direction chez Menlo Worldwide, Hewlett-Packard et le cabinet de conseil en cha卯ne d鈥檃pprovisionnement E2E Analytics. Il est titulaire de dipl么mes en g茅nie industriel de Lehigh (BS) et Stanford (MS). Un communiqu茅 de presse associ茅 est fourni en annexe 99.1 ; le d茅p么t ne pr茅cise pas les conditions de r茅mun茅ration ni les affectations aux comit茅s, et aucun autre 茅v茅nement important n鈥檃 茅t茅 signal茅.

C.H. Robinson Worldwide (CHRW) reichte ein 8-K ein, in dem die Wahl von Edward G. Feitzinger, 58 Jahre, in den Vorstand mit Wirkung zum 7. August 2025 bekanntgegeben wurde. Diese Ma脽nahme schafft einen neuen Sitz und bedeutet keinen Abgang eines Direktors. Feitzinger bringt 眉ber 30 Jahre globale Logistikerfahrung mit, darunter die Positionen als VP Global Logistics bei Amazon (2016-2020) und CEO von UTi Worldwide mit 4,2 Mrd. USD Umsatz (2014-2016), wo er 21.000 Mitarbeiter in 59 L盲ndern leitete, bis das Unternehmen von DSV 眉bernommen wurde. Zuvor hatte er leitende Positionen bei Menlo Worldwide, Hewlett-Packard und der Supply-Chain-Beratung E2E Analytics inne. Er besitzt Abschl眉sse in Industrieingenieurwesen von Lehigh (BS) und Stanford (MS). Eine dazugeh枚rige Pressemitteilung ist als Anlage 99.1 beigef眉gt; die Einreichung enth盲lt keine Angaben zu Verg眉tungsbedingungen oder Ausschusszuweisungen, und es wurden keine weiteren wesentlichen Ereignisse gemeldet.

Positive
  • Board gains proven logistics leader with Amazon and UTi Worldwide C-suite experience, enhancing strategic oversight.
Negative
  • None.

Insights

TL;DR: Seasoned logistics executive joins CHRW board, signaling governance refresh with modest positive impact.

Adding Feitzinger augments the board鈥檚 operational depth at a time when freight markets remain volatile. His Amazon and UTi leadership demonstrates scale-management skills and exposure to technology-enabled logistics鈥攃apabilities aligned with CHRW鈥檚 digitalization push. While board appointments rarely shift near-term financials, this hire strengthens oversight of strategic initiatives such as global expansion and automation. No information on committee assignments or equity grants was provided, so compensation dilution appears minimal. Overall governance risk marginally improves; impact to valuation is incremental but positive.

TL;DR: Hire adds high-profile supply-chain expertise; operational strategy benefits, but market reaction likely muted.

Feitzinger鈥檚 Amazon tenure exposed him to cutting-edge fulfillment tech and data-driven network optimization鈥攁reas CHRW seeks to bolster against asset-based competitors. His UTi experience offers insight into cross-border forwarding and contract logistics, potentially informing CHRW鈥檚 service mix. However, as a single board member he will influence rather than execute strategy, limiting immediate earnings impact. Investors should watch for future technology investments or international partnerships reflecting his influence. Net effect: strategically helpful, financially neutral.

C.H. Robinson Worldwide (CHRW) ha presentato un 8-K annunciando l'elezione di Edward G. Feitzinger, 58 anni, nel suo consiglio di amministrazione, con effetto dal 7 agosto 2025. Questa nomina crea un nuovo seggio e non comporta la partenza di alcun direttore. Feitzinger vanta oltre 30 anni di esperienza nella logistica globale, avendo ricoperto il ruolo di VP Global Logistics presso Amazon (2016-2020) e di CEO di UTi Worldwide, con un fatturato di 4,2 miliardi di dollari (2014-2016), dove ha guidato 21.000 dipendenti in 59 paesi fino all鈥檃cquisizione da parte di DSV. In precedenza ha ricoperto posizioni di rilievo presso Menlo Worldwide, Hewlett-Packard e la societ脿 di consulenza supply-chain E2E Analytics. Possiede lauree in ingegneria industriale presso Lehigh (BS) e Stanford (MS). Un comunicato stampa correlato 猫 fornito come Allegato 99.1; il documento non specifica i termini di compenso o le assegnazioni nelle commissioni, n茅 riporta altri eventi rilevanti.

C.H. Robinson Worldwide (CHRW) present贸 un 8-K informando sobre la elecci贸n de Edward G. Feitzinger, 58 a帽os, para su junta directiva, con efecto a partir del 7 de agosto de 2025. Esta acci贸n crea un nuevo puesto y no implica la salida de ning煤n director. Feitzinger aporta m谩s de 30 a帽os de experiencia en log铆stica global, habiendo sido VP de Log铆stica Global en Amazon (2016-2020) y CEO de UTi Worldwide, con ingresos de 4.2 mil millones de d贸lares (2014-2016), donde dirigi贸 a 21,000 empleados en 59 pa铆ses hasta su adquisici贸n por DSV. Anteriormente ocup贸 cargos senior en Menlo Worldwide, Hewlett-Packard y la consultora de cadena de suministro E2E Analytics. Posee t铆tulos en ingenier铆a industrial de Lehigh (BS) y Stanford (MS). Se adjunta un comunicado de prensa relacionado como Anexo 99.1; el documento no detalla t茅rminos de compensaci贸n ni asignaciones en comit茅s, y no se reportaron otros eventos importantes.

C.H. Robinson Worldwide (CHRW)電� 2025雲� 8鞗� 7鞚茧秬搿� Edward G. Feitzinger(58靹�)毳� 鞚挫偓須岇棎 靹犾瀯頄堧嫟瓿� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟. 鞚� 臁办箻電� 靸堧鞖� 鞚挫偓須� 鞛愲Μ毳� 鞁犾劋頃� 瓴冹溂搿�, 旮办〈 鞚挫偓鞚� 韲挫瀯瓿茧姅 氍搓磤頃╇媹雼�. Feitzinger電� 鞎勲臁挫棎靹� 旮�搿滊矊 氍茧 攵�靷灔(2016-2020)瓿� 42鞏� 雼煬 攴滊 UTi Worldwide CEO(2014-2016)毳� 鞐瀯頃橂┌ 59臧滉淡 21,000氇呾潣 歆侅洂鞚� 鞚措亴鞐堧崢 30雲� 鞚挫儊鞚� 旮�搿滊矊 氍茧 瓴巾棙鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚挫爠鞐愲姅 Menlo Worldwide, Hewlett-Packard, 瓿店笁毵� 旎劋韺� 須岇偓 E2E Analytics鞐愳劀 瓿犾渼歆侅潉 毵§晿鞀惦媹雼�. 攴鸽姅 Lehigh 雽�頃欔祼(頃欖偓)鞕赌 Stanford 雽�頃欔祼(靹濎偓)鞐愳劀 靷办梾瓿淀暀 頃欖渼毳� 氚涭晿鞀惦媹雼�. 甏�霠� 氤措弰鞛愲電� 攵�搿� 99.1搿� 觳秬霅橃柎 鞛堨溂氅�, 氤挫儊 臁瓣贝鞚措倶 鞙勳洂須� 氚办爼 雮挫毄鞚� 氇呾嫓霅橃柎 鞛堨 鞎婈碃, 雼るジ 欤检殧 靷贝霃� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.

C.H. Robinson Worldwide (CHRW) a d茅pos茅 un 8-K annon莽ant l鈥櫭﹍ection de Edward G. Feitzinger, 58 ans, 脿 son conseil d鈥檃dministration, effective au 7 ao没t 2025. Cette nomination cr茅e un nouveau si猫ge et ne r茅sulte pas du d茅part d鈥檜n administrateur. Feitzinger apporte plus de 30 ans d鈥檈xp茅rience en logistique mondiale, ayant 茅t茅 VP Global Logistics chez Amazon (2016-2020) et CEO de UTi Worldwide, chiffre d鈥檃ffaires de 4,2 milliards de dollars (2014-2016), o霉 il a dirig茅 21 000 employ茅s dans 59 pays jusqu鈥櫭� son acquisition par DSV. Il a auparavant occup茅 des postes de direction chez Menlo Worldwide, Hewlett-Packard et le cabinet de conseil en cha卯ne d鈥檃pprovisionnement E2E Analytics. Il est titulaire de dipl么mes en g茅nie industriel de Lehigh (BS) et Stanford (MS). Un communiqu茅 de presse associ茅 est fourni en annexe 99.1 ; le d茅p么t ne pr茅cise pas les conditions de r茅mun茅ration ni les affectations aux comit茅s, et aucun autre 茅v茅nement important n鈥檃 茅t茅 signal茅.

C.H. Robinson Worldwide (CHRW) reichte ein 8-K ein, in dem die Wahl von Edward G. Feitzinger, 58 Jahre, in den Vorstand mit Wirkung zum 7. August 2025 bekanntgegeben wurde. Diese Ma脽nahme schafft einen neuen Sitz und bedeutet keinen Abgang eines Direktors. Feitzinger bringt 眉ber 30 Jahre globale Logistikerfahrung mit, darunter die Positionen als VP Global Logistics bei Amazon (2016-2020) und CEO von UTi Worldwide mit 4,2 Mrd. USD Umsatz (2014-2016), wo er 21.000 Mitarbeiter in 59 L盲ndern leitete, bis das Unternehmen von DSV 眉bernommen wurde. Zuvor hatte er leitende Positionen bei Menlo Worldwide, Hewlett-Packard und der Supply-Chain-Beratung E2E Analytics inne. Er besitzt Abschl眉sse in Industrieingenieurwesen von Lehigh (BS) und Stanford (MS). Eine dazugeh枚rige Pressemitteilung ist als Anlage 99.1 beigef眉gt; die Einreichung enth盲lt keine Angaben zu Verg眉tungsbedingungen oder Ausschusszuweisungen, und es wurden keine weiteren wesentlichen Ereignisse gemeldet.



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
August 7, 2025
Date of Report (Date of earliest event reported) 


 FUNKO, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware 001-38274 
35-2593276
(State or Other Jurisdiction
of Incorporation)		 (Commission File Number) (IRS Employer
Identification No.)
 
2802 Wetmore Avenue
Everett, Washington 98201
(Address of Principal Executive Offices) (Zip Code)
 
(425) 783-3616
(Registrant’s telephone number, including area code)
  
(Former Name or Former Address, if Changed Since Last Report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock,
$0.0001 par value per share
FNKOThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company  ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 


Item 8.01. Other Events.
On August 7, 2025, Funko, Inc. (the “Company”) expects to file a registration statement on Form S-3 under the Securities Act of 1933, as amended, to register up to $100,000,000 of the Company’s Class A common stock, preferred stock, debt securities, warrants, purchase contracts and/or units as well as the resale of up to 12,626,024 shares of the Company’s Class A common stock by a selling stockholder (the “Registration Statement”).
In connection with the expected filing of the Registration Statement and the expected incorporation by reference of the report of the Company’s independent registered public accounting firm as part of the Registration Statement, the Company is refiling as Exhibit 99.1 hereto its consolidated financial statements that were previously included in its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), inclusive of Schedule I thereto, and the related report of the Company’s independent registered public accounting firm, which Exhibit 99.1 is incorporated by reference herein. The financial statements filed as Exhibit 99.1 hereto are identical to those included in the Form 10-K other than an update to Note 2 to the consolidated financial statements to disclose, consistent with the disclosures appearing in the Company’s previously filed Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and due to circumstances arising after the filing of the Form 10-K on March 13, 2025, that (i) the Company entered into an Amendment No. 4, dated July 16, 2025 to its Credit Agreement, dated September 17, 2021 with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (as amended, the “Credit Agreement”) and (ii) there is substantial doubt about the Company's ability to continue as a going concern because the Company is not forecasted to have sufficient cash reserves to fully repay the loans outstanding under the Credit Agreement upon maturity in September 2026, the Company has forecasted non-compliance with the maximum Net Leverage Ratio and the minimum Fixed Charge Coverage Ratio financial covenants (each as defined in the Credit Agreement) beginning with the end of the quarter ending December 31, 2025 and future quarters, and the Company anticipates insufficient cash flows to support working capital needs within the next twelve months. The report of the Company’s current independent registered public accounting firm, PricewaterhouseCoopers LLP, included in Exhibit 99.1 hereto likewise includes an explanatory paragraph relating to the Company’s ability to continue as a going concern. Other than as described in the preceding sentences, Exhibit 99.1 does not revise, modify, update or otherwise affect the Form 10-K.
This Form 8-K is being filed only for the purposes described above, and all other information in the Form 10-K remains unchanged. In order to preserve the nature and character of the disclosures set forth in the Form 10-K, the items included in Exhibit 99.1 of this Form 8-K have been updated solely for the matters described above. No attempt has been made in this Form 8-K to reflect other events or occurrences after the date of the filing of the Form 10-K on March 13, 2025, and it should not be read to modify or update other disclosures as presented in the Form 10-K. As a result, this Form 8-K should be read in conjunction with the Form 10-K and the Company’s filings made with the SEC subsequent to the filing of the Form 10-K. References in the attached exhibits to the Form 10-K or parts thereof refer to the Form 10-K, filed with the Securities and Exchange Commission on March 13, 2025.
Item 9.01. Financial Statements and Exhibits.
(d)    Exhibits:



Exhibit No.

Description
23.1
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm
23.2
Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm
99.1 
Financial Statements and Supplementary Data
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 7, 2025
FUNKO, INC.
By:/s/ Yves Le Pendeven

Yves Le Pendeven

Chief Financial Officer


Source:

FAQ

Who was appointed to C.H. Robinson's board on August 7 2025?

The company elected Edward G. Feitzinger, former Amazon VP of Global Logistics and ex-CEO of UTi Worldwide.

Does the appointment of Edward Feitzinger replace an existing director at CHRW?

No. Feitzinger fills a newly created seat; no directors departed according to the 8-K.

What relevant experience does Feitzinger bring to C.H. Robinson?

He led Amazon鈥檚 global logistics (2016-2020) and was CEO of $4.2 bn freight forwarder UTi Worldwide, operating in 59 countries.

Were compensation terms or committee assignments disclosed for the new director?

The 8-K does not disclose any compensation package or committee appointments for Mr. Feitzinger.

Is there any other material event in CHRW's August 7 2025 8-K?

No additional material events were reported; the filing solely covers the board appointment and related exhibit.
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Funko

NASDAQ:FNKO

FNKO Rankings

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FNKO Stock Data

195.43M
35.75M
9.55%
92.07%
9.7%
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