Funko Inc. Amends Shareholder Agreement with TCG to Exclude $40 Million in Shares from Consent Rights Threshold
Funko Inc. has announced an amendment to its Stockholders Agreement with its largest shareholder, TCG Fuji 3.0, LP, originally dated May 3, 2022. This amendment, effective August 14, 2025, modifies the terms under which TCG and its affiliates maintain certain consent rights over company actions. Specifically, the amendment adjusts the 22% beneficial ownership threshold required for TCG to exercise these rights, excluding up to $40 million of shares issued in at-the-market offerings. This change is aimed at facilitating potential future sales of Class A common stock by Funko. The full details of the amendment are available in the company's latest Form 8-K filing.
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