Funko

Spoilers: Marvel Collector Corps Hulk POP! (again)

So Funko revealed their Hulk POP! A few weeks back but now we have a video with the actual POP! Itself. There is still time to grab this box. It closes tonight at midnight. You can get it here and check out the video below. As always, spoilers ahead.
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Hey, Star Wars and Funko Fans: You’re Going to Love This Series of Only-At-Target Figures

Funko is building their partnership with Target by featuring 8 weeks of limited Funko figures you can only get at Target.com.  Check out their post below:
The moment millions of Star Wars fans have been waiting for is almost here: Star Wars: The Last Jedi hits theaters this weekend. And we’re celebrating with some out-of-this-world gear plus special Weekend Deals. But the fun doesn’t stop there. Here’s something cool to look forward to in the New Year: “Funko Fridays.” Starting Friday, Jan. 5 and every Friday for eight weeks, we’ll reveal a new, limited-edition Funko figure—only at Target. And the first will have Star Wars fans rejoicing!
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Is the Party Over After Funko is Accused of Fun House Accounting?

If you have had a chance to research Funko’s prospectus before their IPO, you might of thought the earnings were too good to be true.  If you did, you weren’t the only one.  Today, the law firm of Kirby McInerney LLP announced that it was opening an investigation of Funko, Inc. (NASDAQ: FNKO) concerning the Company and its officers’ possible violations of federal securities laws.  If you are not aware, Funko commenced its IPO of 10,416,666 shares at a price of $12.00 per share on November 2, 2017.  On November 3, 2017, the day after the IPO, Funko shares closed at $7.00, more than 40% below the IPO price.  It was the worst opening day for an IPO in 17 years.  It’s kind of crazy to think that the underwriters initially wanted to open at $14-$16.  An article from Stephen Gandel over at BloombergGadfly gives you a great explanation of Funko’s “fun house accounting”.    (more…)