---
title: "Functional Brands Cancels 12,022 Series A Preferred Shares in Capital Reduction"
description: "Functional Brands Inc. has canceled 12,022 shares of its Series A Convertible Preferred Stock, purchased from Helena Global Investment Opportunities 1 Ltd. at $15.00 per share, totaling $180,330. This"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271566737.md"
published_at: "2026-01-05T22:01:40.000Z"
---

# Functional Brands Cancels 12,022 Series A Preferred Shares in Capital Reduction

> Functional Brands Inc. has canceled 12,022 shares of its Series A Convertible Preferred Stock, purchased from Helena Global Investment Opportunities 1 Ltd. at $15.00 per share, totaling $180,330. This cancellation complies with the company's organizational documents and applicable law, and does not affect other Series A Preferred shares held by different holders.

Functional Brands Inc. has announced the purchase and cancellation of 12,022 shares of its Series A Convertible Preferred Stock from Helena Global Investment Opportunities 1 Ltd. at a price of $15.00 per share, totaling $180,330. The shares acquired have been cancelled in accordance with the company’s organizational documents and applicable law. No other Series A Preferred shares held by other holders are affected by this transaction. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Functional Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-001247), on January 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [MEHA.US - Functional Brands](https://longbridge.com/en/quote/MEHA.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Functional Brands 以 622,250 美元回購取消了 A 系列優先股 | 功能品牌公司（Functional Brands Inc.）已宣佈從常青資本管理公司（Evergreen Capital Management LLC）回購並註銷 12,445 股其 A 系列可轉換優先股，交易金額為 622,250 美元。 | [Link](https://longbridge.com/en/news/275305353.md) |
| Functional Brands 披露未能滿足持續上市的規則或標準 | Functional Brands 收到了納斯達克的缺陷通知函，因在連續 30 個交易日內未能滿足上市規則 5550(a)(2) 中的 1.00 美元最低報價要求。該公司必須在 2026 年 6 月 29 日之前恢復合規，通過維持至少 10 | [Link](https://longbridge.com/en/news/271364875.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.