# EDGAR Filing Document

**Accession Number:** 0001704711
**File Stem:** 0001193125-25-172716
**Filing Date:** 2025-8
**Character Count:** 9223
**Document Hash:** a81acffe5d19e75fcb29f74d5f2ff882
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-172716.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0001193125-25-172716

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250705

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Funko, Inc.
- **CENTRAL INDEX KEY:** 0001704711
- **STANDARD INDUSTRIAL CLASSIFICATION:** GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38274
- **FILM NUMBER:** 251181702

**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

?xml version='1.0' encoding='ASCII'? 8-K/A

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### FORM 8-K/A

#### (Amendment No. 1)

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### July 31, 2025 (July 5, 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**<br>**of Incorporation)** | **(Commission**<br>**File Number)** | **(IRS Employer**<br>**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 class** | **Trading**<br>**Symbol(s)** | **Name of each exchange**<br>**on which registered** |
| Class A Common Stock, $0.0001 par value per share | FNKO | The 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. ☐

------

#### Explanatory Note
This Current Report on Form 8-K/A amends Item 5.02 of the Current Report on Form 8-K (the "Original Form 8-K") filed by Funko, Inc. (the "Company") with the Securities and Exchange Commission (the "SEC") on July 7, 2025. Except for the additional information described below, nothing disclosed in the Original Form 8-K has changed.

---

| | |
|:---|:---|
| **Item 5.02** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

---

As previously disclosed, on July 5, 2025, the Company's Board of Directors (the "Board") appointed Michael Lunsford as the Company's Interim Chief Executive Officer.

In connection with Mr. Lunsford's appointment as Interim Chief Executive Officer, on July 31, 2025 the Company entered into a letter agreement, effective as of July 5, 2025 with Mr. Lunsford (the "Letter Agreement"). The Letter Agreement provides for a two-month term (or if earlier, the date the Company hires a replacement Chief Executive Officer).

Pursuant to the Letter Agreement, for each month that Mr. Lunsford serves as Interim Chief Executive Officer, Mr. Lunsford will receive a monthly cash fee of $75,000, as well as a monthly award of 10,000 restricted stock units ("RSUs"), which award of RSUs shall vest on the last day of such month to which it relates, subject to Mr. Lunsford's continued service to the Company through such vesting date. Mr. Lunsford is also eligible to participate in all Company employee benefit plans or programs.

The foregoing description of the Letter Agreement is qualified in its entirety by reference to the 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<br>No.** | **Description** |
| 10.1 | [Letter Agreement, by and between the Company and Michael Lunsford, dated July 31, 2025](d36200dex101.htm) |
| 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 4, 2025 |  | **FUNKO, INC.** |
|  | By: | /s/ Tracy D. Daw |
|  |  | Tracy D. Daw |
|  |  | Chief Legal Officer and Secretary |

---

## Exhibit 10.1

**Exhibit 10.1** 

Funko, Inc

2802 Wetmore Avenue

Everett, WA 98201

July 31, 2025

Mike Lunsford

Sent Via Email

Dear Mike:

This letter sets forth the understanding by and between you and Funko, Inc. (the "Company"), regarding the terms of your service as Interim Chief Executive Officer, reporting directly to the Board of Directors (the "Board") of the Company.

The following delineates the terms of your service:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Term</u>: Commencing as of July 5, 2025 (the "Start Date") through the earlier of (i) the two-month anniversary of the Start Date and (ii) the date the Company hires a replacement Chief Executive Officer (the "Term").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Cash Fee</u>: $75,000 per month, less any applicable deductions and withholdings, payable in accordance with
the Company's regular payroll practices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Equity Grant</u>: Subject to approval by the Board or the Compensation Committee thereof, you will be granted
a monthly award of 10,000 restricted stock units under the Company's 2019 Incentive Award Plan and customary form of award agreement thereunder, with respect to each month during the Term you serve as Interim Chief Executive Officer. The
restricted stock unit award with respect to July 2025 will be granted as soon as reasonably practicable following the date hereof, and thereafter each such monthly restricted stock unit award will be granted on the first day of the applicable month
during the Term. Each restricted stock unit award shall vest on the last day of the month to which it relates, subject to your continued service with the Company through such date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Benefits</u>: You will be eligible to participate in all employee benefit plans or programs of the
Company consistent with such plans and programs of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• <u>Expenses</u>: During the Term, the Company agrees to reimburse all reasonable business expenses incurred by
you consistent with the Company's policies regarding reimbursement in the performance of your duties as Interim Chief Executive Officer.

Your service with the Company will be "at will", and either you or the Company may terminate your service at any time for any reason, with or without cause.

This letter may be amended only by a subsequent writing signed by both parties. The resolution of any disputes under this letter will be governed by the laws of the State of Washington.

------

Please confirm your acceptance of the terms of this letter by signing below and returning to me.

Sincerely Yours,

---

| | |
|:---|:---|
| FUNKO, INC. | FUNKO, INC. |
| By: | /s/ Tracy Daw |
|  | Tracy D. Daw |
|  | Chief Legal Officer |

---

---

| | |
|:---|:---|
| /s/ Michael Lunsford | 7/31/25 |
| Michael Lunsford |  |
| ACCEPTED BY: MIKE LUNSFORD | DATE |

---