Functional Brands shareholders approve reverse split for $142.9M acquisition
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Functional Brands Inc. Clears Barrier to $142.9 Million BullionFX | Alchemy Acquisition
June 3, 2026 9:09 AM EDTShareholder 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 remaining acquisition closing conditions are actively advancing. The Company plans to provide additional, regular deal progress updates over the coming weeks.... More
