Funko (FNKO) Announces November 2nd IPO
In the last 12 months, Funko generated $454.3 million in revenue and had a net loss of $22.7 million. Funko has a market-cap of $367.2 million.
Goldman Sachs, J.P. Morgan and BofA Merrill Lynch served as the underwriters for the IPO and Piper Jaffray, Jefferies, Stifel, BMO Capital Markets and SunTrust Robinson Humphrey were co-managers.
Funko provided the following description of their company for its IPO: “We are a leading pop culture consumer products company. Our business is built on the principle that almost everyone is a fan of something and the evolution of pop culture is leading to increasing opportunities for fan loyalty. We create whimsical, fun and unique products that enable fans to express their affinity for their favorite “something”—whether it is a movie, TV show, video game, musician or sports team. “.
Funko was founded in 1998 and has 465 employees. The company is located at 2802 Wetmore Avenue, Everett, WA 98201, US and can be reached via phone at (425) 783-3616 or on the web at http://www.funko.com.
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