0001193125-18-040302.txt : 20180212 0001193125-18-040302.hdr.sgml : 20180212 20180212165033 ACCESSION NUMBER: 0001193125-18-040302 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180212 DATE AS OF CHANGE: 20180212 GROUP MEMBERS: FUNDAMENTAL CAPITAL PARTNERS, LLC GROUP MEMBERS: FUNKO INTERNATIONAL, LLC GROUP MEMBERS: KEVIN G. KEENLEY GROUP MEMBERS: RICHARD L. MCNALLY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Funko, Inc. CENTRAL INDEX KEY: 0001704711 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90343 FILM NUMBER: 18597198 BUSINESS ADDRESS: STREET 1: 2802 WETMORE AVE CITY: EVERETT STATE: WA ZIP: 98201 BUSINESS PHONE: 425-783-3616 MAIL ADDRESS: STREET 1: 2802 WETMORE AVE CITY: EVERETT STATE: WA ZIP: 98201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fundamental Capital Partners, LLC CENTRAL INDEX KEY: 0001720908 IRS NUMBER: 264338095 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 4 EMBARCADERO CENTER STREET 2: SUITE 1400 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: (415) 782-0000 MAIL ADDRESS: STREET 1: 4 EMBARCADERO CENTER STREET 2: SUITE 1400 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G 1 d512327dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.    )*

 

 

FUNKO, INC.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

361008105

(CUSIP Number)

December 31, 2017

(Date of Event That Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☒ Rule 13d-1 (d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 361008105

   SCHEDULE 13G   PAGE 1 OF 7

 

  1.   

NAMES OF REPORTING PERSONS

 

Fundamental Capital, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

1,243,138

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

1,243,138

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,243,138

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

☐

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

5.1%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

CUSIP No. 361008105   SCHEDULE 13G   PAGE 2 OF 7

 

  1.   

NAMES OF REPORTING PERSONS

 

Funko International, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

5,686,538

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

5,686,538

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,686,538

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

☐

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

19.6%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

CUSIP No. 361008105   SCHEDULE 13G   PAGE 3 OF 7

 

  1.   

NAMES OF REPORTING PERSONS

 

Fundamental Capital Partners, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

6,929,676

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

6,929,676

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,929,676

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

☐

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

22.9%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

CUSIP No. 361008105   SCHEDULE 13G   PAGE 4 OF 7

 

  1.   

NAMES OF REPORTING PERSONS

 

Richard L. McNally

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

6,929,676

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

6,929,676

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,929,676

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

☐

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

22.9%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

CUSIP No. 361008105   SCHEDULE 13G   PAGE 5 OF 7

 

  1.   

NAMES OF REPORTING PERSONS

 

Kevin G. Keenley

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC USE ONLY

 

  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

SOLE VOTING POWER

 

0

   6.   

SHARED VOTING POWER

 

6,929,676

   7.   

SOLE DISPOSITIVE POWER

 

0

   8.   

SHARED DISPOSITIVE POWER

 

6,929,676

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,929,676

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

☐

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

22.9%

12.  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

CUSIP No. 361008105

    SCHEDULE 13G    PAGE 6 OF 7

 

Item 1(a).    Name of Issuer:
  

Funko, Inc. (the “Issuer”)

Item 1(b).    Address of Issuer’s Principal Executive Offices:
  

2802 Wetmore Avenue

Everett, Washington 98201

Item 2(a).    Name of Person(s) Filing:
  

This statement (the “Statement”) is being filed by: (i) Funko International, LLC, a Delaware limited liability company (“Funko International”), (ii) Fundamental Capital, LLC a Delaware limited liability company (“Fundamental Capital”), which serves as the Manager of Funko International, (iii) Fundamental Capital Partners, LLC, a Delaware limited liability company (“FCP”), which serves as the Manager of Fundamental Capital, (iv) Richard L. McNally, a director of the Issuer and a voting member of FCP, and (v) Kevin G. Keenley, a voting member of FCP (all of the foregoing, collectively, the “Reporting Persons”).

Item 2(b).    Address of Principal Business Office, or, if None, Residence:
  

The business address of each of the Reporting Persons is:

 

4 Embarcadero Center

Suite 1400

San Francisco, CA 94111

Item 2(c).    Citizenship:
  

Funko International, Fundamental Capital and FCP are limited liability companies organized in Delaware.

 

Richard L. McNally and Kevin G. Keenley are citizens of the United States.

Item 2(d).    Title of Class of Securities:
  

Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”)

Item 2(e).    CUSIP Number:
  

361008105

Item 3.    Not Applicable.

CUSIP No. 361008105

    SCHEDULE 13G    PAGE 7 OF 7

 

Item 4.    Ownership:
  

The ownership information below represents beneficial ownership of Class A Common Stock of the Issuer as of December 31, 2017, based upon 23,337,705 shares of Class A Common Stock outstanding as of December 5, 2017 and assumes the conversion of the Common Units (“Common Units”) of Funko Acquisition Holdings, L.L.C. held by the Reporting Persons into shares of Class A Common Stock on a one-for-one basis.

 

Reporting Person

    Amount
beneficially
owned		      Percent
of class:		     Sole
power
to vote
or to
direct
the vote:		      Shared
power to
vote or to
direct the
vote:		      Sole
power to
dispose or
to direct
the
disposition
of:		      Shared
power to
dispose or
to direct
the
disposition
of:		  

Fundamental Capital

      1,243,138        5.1 %      0        1,243,138        0        1,243,138  

Funko International

      5,686,538        19.6 %      0        5,686,538        0        5,686,538  

FCP

      6,929,676        22.9 %      0        6,929,676        0        6,929,676  

Richard L. McNally

      6,929,676        22.9 %      0        6,929,676        0        6,929,676  

Kevin G. Keenley

      6,929,676        22.9 %      0        6,929,676        0        6,929,676  

 

Item 5.    Ownership of Five Percent or Less of a Class.
  

Not Applicable.

Item 6.    Ownership of More than Five Percent on Behalf of Another Person.
  

Not Applicable.

Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
  

Not Applicable.

Item 8.    Identification and Classification of Members of the Group.
  

Not Applicable.

Item 9.    Notice of Dissolution of Group.
  

Not Applicable.

Item 10.    Certification.
  

Not Applicable.

EXHIBIT INDEX

 

Exhibit No.

   

Document

99.1    Joint Filing Agreement, dated February 12, 2018, among Fundamental Capital, LLC, Funko International, LLC, Fundamental Capital Partners, LLC, Richard L. McNally and Kevin G. Keenley to file this joint statement on Schedule 13G.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  Funko International, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Manager

  Fundamental Capital, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Member

  Fundamental Capital Partners, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Member

Date: February 12, 2018  

/s/ Richard L. McNally

  Richard L. McNally
Date: February 12, 2018  

/s/ Kevin G. Keenley

  Kevin G. Keenley
 EX-99.1 2 d512327dex991.htm EX-99.1 EX-99.1

EXHIBIT 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including amendments thereto) with respect to the Class A Common Stock of Funko, Inc. beneficially owned by each of them, and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statements on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 12, 2018.

 

  Funko International, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Manager

  Fundamental Capital, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Member

  Fundamental Capital Partners, LLC
Date: February 12, 2018   By:  

/s/ Kevin G. Keenley

 

Name:

Title:

  

Kevin G. Keenley

Member

Date: February 12, 2018  

/s/ Richard L. McNally

  Richard L. McNally
Date: February 12, 2018  

/s/ Kevin G. Keenley

  Kevin G. Keenley