Functional Brands Cancels 12,022 Series A Preferred Shares in Capital Reduction

Reuters
Jan 06
Functional Brands Cancels 12,022 Series A Preferred Shares in Capital Reduction

Functional Brands Inc. has announced the purchase and cancellation of 12,022 shares of its Series A Convertible Preferred Stock from Helena Global Investment Opportunities 1 Ltd. at a price of $15.00 per share, totaling $180,330. The shares acquired have been cancelled in accordance with the company’s organizational documents and applicable law. No other Series A Preferred shares held by other holders are affected by this transaction.

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