 |
Formerly, |
 |
|
INVESTOR UPDATE December 2024 |
|
|
IPO UPDATE During the previous communication, we provided an update stating the auditor completed their work, and they provided their consent letter to enable our filing the S1 with the SEC. We submitted the S1 document with the updated financials; and received a response from the SEC with additional questions and comments. This is the typical process.
The response letter and updated S1 were resubmitted to the SEC on December 6, 2024. After briefly speaking with the SEC, they stated it will take approximately 14 business days for their review and response from our December 6, 2024 submission. We have the entire team ‘on standby’ to address any additional questions or comments once we receive their next response.
We have also started the NASDAQ application process and ticker request. Additional details will follow once we receive their confirmation. As always, we thank you for your patience, commitment, investment, and understanding as we continue our journey towards the IPO. Please feel free to reach out if you have any questions.
|
|
CONCLUSION We continue to work diligently through the required SEC process. We feel very good about our progress, and we look forward to providing another update next month. Again, we truly thank you for your patience, understanding and investment. Please feel free to reach out if you have any questions.
Thank you and please feel free to reach out if you have any questions.
Sincerely, The Team at Functional Brands Inc
|
 |
 |