UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 4, 2025, Funko, Inc. (the “Company”) approved cash retention bonuses to each of Yves Le Pendeven, the Company’s Chief Financial Officer, and Tracy Daw, the Company’s Chief Legal Officer and Secretary, in the amounts of $300,000 and $150,000, respectively. The cash bonuses are payable within thirty (30) days of, and subject to continued employment with the Company through, March 31, 2026; provided that if the applicable executive’s employment is terminated by the Company without “Cause” or if the executive resigns for “Good Reason” (as such terms are defined in the respective executive’s employment agreement), then the retention bonus shall be payable within sixty (60) days of such qualifying termination, subject to the executive’s execution and non-revocation of a release of claims.
The foregoing descriptions are qualified in their entirety by reference to the form of Retention Bonus Letter Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits:
| Exhibit |
Description | |
| 10.1 | Form of Retention Bonus Letter Agreement | |
| 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 5, 2025 | FUNKO, INC. | |||||
| By: | /s/ Tracy D. Daw | |||||
| Tracy D. Daw | ||||||
| Chief Legal Officer and Secretary | ||||||