{"filing":{"accession_number":"0001213900-26-060328","cik":"0001837254","ticker":"MEHA","company_name":"Functional Brands Inc.","form":"8-K","filing_date":"2026-05-22","report_date":null,"primary_document":"ea0291983-8k_functional.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1837254/000121390026060328/ea0291983-8k_functional.htm"},"events":[{"id":10604,"run_id":9303,"accession_number":"0001213900-26-060328","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Functional Brands Inc. entered into a material definitive Asset Purchase Agreement with BullionFX on May 22, 2026, to acquire the Alchemy product and related blockchain-based financial ecosystem assets in exchange for 100,000 shares of Series D Preferred Stock valued at approximately $142.9 million. The transaction is subject to closing conditions, equity financing requirements, and shareholder approval.","company_name":"Functional Brands Inc.","ticker":"MEHA","filing_date":"2026-05-22","form":"8-K","submitted_at":null,"items":[{"id":6960,"accession_number":"0001213900-26-060328","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Functional Brands Inc. entered into a material definitive Asset Purchase Agreement with BullionFX on May 22, 2026, to acquire the Alchemy product and related blockchain-based financial ecosystem assets in exchange for 100,000 shares of Series D Preferred Stock valued at approximately $142.9 million. This is a material acquisition transaction disclosed under Item 1.01, with significant closing conditions, equity financing requirements, and shareholder approval obligations that would materially affect investor assessment of the company's strategic direction and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"","ticker":null,"filing_date":""},{"id":6961,"accession_number":"0001213900-26-060328","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The disclosure describes an unregistered sale of 100,000 shares of Series D Preferred Stock under Section 4(a)(2) and Rule 506 of Regulation D, with conversion rights that create additional dilution. The filing explicitly states the securities are subject to transfer restrictions and legend requirements, and references incorporation of Item 1.01 details. This is a classic private placement of equity securities that would materially dilute existing shareholders and affect the registrant's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"","ticker":null,"filing_date":""},{"id":6962,"accession_number":"0001213900-26-060328","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses entry into a \"Purchase Agreement\" for an asset acquisition involving \"BullionFX Assets,\" announced via press release on May 22, 2026. The forward-looking statements section explicitly references \"the Transaction contemplated by the Purchase Agreement\" and discusses material risks including regulatory approvals, stockholder approval, significant dilution, and integration challenges. This constitutes a material M\u0026A activity disclosure under Item 1.01 or analogous provision, even though formally presented under Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":6960,"accession_number":"0001213900-26-060328","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Functional Brands Inc. entered into a material definitive Asset Purchase Agreement with BullionFX on May 22, 2026, to acquire the Alchemy product and related blockchain-based financial ecosystem assets in exchange for 100,000 shares of Series D Preferred Stock valued at approximately $142.9 million. This is a material acquisition transaction disclosed under Item 1.01, with significant closing conditions, equity financing requirements, and shareholder approval obligations that would materially affect investor assessment of the company's strategic direction and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"Functional Brands Inc.","ticker":"MEHA","filing_date":"2026-05-22"},{"id":6961,"accession_number":"0001213900-26-060328","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The disclosure describes an unregistered sale of 100,000 shares of Series D Preferred Stock under Section 4(a)(2) and Rule 506 of Regulation D, with conversion rights that create additional dilution. The filing explicitly states the securities are subject to transfer restrictions and legend requirements, and references incorporation of Item 1.01 details. This is a classic private placement of equity securities that would materially dilute existing shareholders and affect the registrant's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"Functional Brands Inc.","ticker":"MEHA","filing_date":"2026-05-22"},{"id":6962,"accession_number":"0001213900-26-060328","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses entry into a \"Purchase Agreement\" for an asset acquisition involving \"BullionFX Assets,\" announced via press release on May 22, 2026. The forward-looking statements section explicitly references \"the Transaction contemplated by the Purchase Agreement\" and discusses material risks including regulatory approvals, stockholder approval, significant dilution, and integration challenges. This constitutes a material M\u0026A activity disclosure under Item 1.01 or analogous provision, even though formally presented under Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-13T00:51:45.658837+00:00","company_name":"Functional Brands Inc.","ticker":"MEHA","filing_date":"2026-05-22"}]}