Functional Brands Inc. News Releases

Functional Brands Inc. Receives Nasdaq Staff Delisting Determination

Mon, 15 Jun 2026 08:00:00 -0400

Lake Oswego, Oregon--(Newsfile Corp. - June 15, 2026) - Functional Brands Inc. (NASDAQ: MEHA) (the "Company"), a leading innovator in wellness and performance products, announced today that on June 9, 2026, it received a written notification (the "Staff Determination") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that Nasdaq has determined to delist the Company's common stock from The Nasdaq Capital Market.As previously disclosed, on December...

Functional Brands Inc. Announces Active Interest from Multiple Strategic Partners to Fund BullionFX | Alchemy Commercialization Following Pending Acquisition of the BFX Assets

Fri, 05 Jun 2026 14:29:00 -0400

Lake Oswego, Oregon--(Newsfile Corp. - June 5, 2026) - Functional Brands Inc. (NASDAQ: MEHA) ("MEHA" or the "Company") today announced advanced discussions with multiple strategic financial parties regarding the potential commercialization of the Alchemy platform's blockchain-based assets (the "BFX Assets"), a real-world asset tokenization infrastructure designed to support on-chain verification and auditability of physical gold holdings.Why Now: A Convergence of Market ForcesFunctional Brands...

Functional Brands Inc. Enters BullionFX | Alchemy Acquisition From a Position of Improving Financial Strength

Thu, 04 Jun 2026 09:00:00 -0400

Highlights 51% Reduction in Current Liabilities in Q1 2026 and Posting Strongest First-Quarter Gross Profit on Record Lake Oswego, Oregon--(Newsfile Corp. - June 4, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a U.S.-domiciled Nasdaq issuer, which is party to a binding agreement to acquire the assets of BullionFX, including its core product Alchemy — a blockchain-based settlement layer and decentralized finance ecosystem built around auditable physical gold — today provided a brief corporate...

Functional Brands Inc. Clears Barrier to $142.9 Million BullionFX | Alchemy Acquisition

Wed, 03 Jun 2026 09:07:00 -0400

Shareholder vote satisfies a key closing condition Lake Oswego, Oregon--(Newsfile Corp. - June 3, 2026) - Functional Brands Inc. (NASDAQ: MEHA), announced that shareholders have voted to authorize the reverse stock split, removing an obstacle between the Company and the close of its $142.9 million acquisition of BullionFX | Alchemy, a gold-backed decentralized finance platform targeting retail, institutional, and blockchain markets. The Company's focus now shifts to closing the acquisition. All...

Functional Brands Announces Adjournment of Special Meeting of Stockholders

Wed, 27 May 2026 19:00:00 -0400

Scheduled to Reconvene on June 1, 2026 Lake Oswego, Oregon--(Newsfile Corp. - May 27, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a leading innovator in wellness and performance products, today announced that the Company's Special Meeting of Stockholders (the "Special Meeting") scheduled to be held on May 28, 2026 at 1:00 p.m. Eastern Time has been adjourned to Monday, June 1, 2026 at 10:00 a.m. Eastern Time. The meeting is being conducted virtually via webcast. No changes have been made to...

Functional Brands Enters into Agreement to Acquire Alchemy, a Gold-Backed Blockchain Settlement Platform, in a $142.9 Million Transaction

Fri, 22 May 2026 09:00:00 -0400

Definitive agreement signed; management communicates rationale targeting activation in Q3 2026; gold-backed DeFi platform designed to deliver above-market yield on physical gold positions - compared to near 0% for traditional gold ETFs. Lake Oswego, Oregon--(Newsfile Corp. - May 22, 2026) - Functional Brands Inc. (NASDAQ: MEHA) ("Functional Brands" or the "Company") today announced the execution of a definitive agreement for the acquisition of assets from BullionFX, including its Alchemy...

Functional Brands Announces First Quarter 2026 Financial Results

Mon, 18 May 2026 08:00:00 -0400

Lake Oswego, Oregon--(Newsfile Corp. - May 18, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a leading innovator in wellness and performance products, today announced financial results for the first quarter ended March 31, 2026.First Quarter 2026 Financial HighlightsRevenue grew to $1.65 million, up 3.5% from $1.59 million in the prior year period, reflecting continued momentum across the Company's brand portfolio.Gross profit increased to $0.96 million from $0.87 million in the prior year...

Functional Brands Inc. Announces Conversion Price Adjustment Agreement for Series C Preferred Stock

Tue, 12 May 2026 08:00:00 -0400

Lake Oswego, Oregon--(Newsfile Corp. - May 12, 2026) - Functional Brands Inc. (NASDAQ: MEHA), (the "Company"), a leading innovator in wellness and performance products, today announced that it has entered into a Conversion Price Reduction and Waiver Agreement with all holders of the Company's Series C Convertible Preferred Stock.Under the terms of the Agreement, the conversion price applicable to the Series C Preferred Stock during the Fixed Conversion Period has been modified to $0.1636 per...

Functional Brands Inc. Signs Binding Letter of Intent for the Acquisition of the Assets of BullionFX | Alchemy for $142.9 million

Mon, 11 May 2026 08:00:00 -0400

Strategic acquisition of BullionFX | Alchemy assets is expected to position MEHA to develop a decentralized gold-backed financial ecosystem anchored by an auditable physical gold infrastructure Lake Oswego, Oregon--(Newsfile Corp. - May 11, 2026) - Functional Brands Inc. (NASDAQ: MEHA) (the "Company"), a leading innovator in wellness and performance products, today announced it has executed a binding Letter of Intent ("LOI") to acquire the assets of BullionFX, including its core product Alchemy...

Functional Brands Inc. Announces Launch of GLP-Squared Injection

Wed, 06 May 2026 08:00:00 -0400

Proprietary Semaglutide + Tirzepatide Dual-Peptide Formulation Now Available Exclusively Through the Tru2u.health Platform Lake Oswego, Portland--(Newsfile Corp. - May 6, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a pioneer in next-generation health and wellness solutions, today announced the official launch of GLP-Squared Injection, its groundbreaking dual-peptide injectable combining Semaglutide and Tirzepatide in a single, synergistic formulation. GLP-Squared is now exclusively available...