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Pop! figurine maker files for IPO

Dan Primack, author of Pro Rata

Funko, the maker of those ubiquitous Pop! figurines, has filed for an initial public offering. The official plan is to raise $100 million, but that's likely a placeholder.

Big number: $204 million, which is the amount of revenue Funko reports for the first half of 2017. But it also has a $10 million loss for that period, all of which can be attributed to interest payments tied to the Everett, Wash.-based company's acquisition by private equity firm Acon Investments in late 2015.

Go deeper

Axios
Updated 33 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.
Go deeper (1 min. read)Arrow
Axios
44 mins ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.

Go deeper (1 min. read)Arrow
Axios
1 hour ago - Politics & Policy

Court rules Minnesota absentee ballots must be received by 8 p.m. Election Day

An election judge drops a ballot in a ballot box at a drive through drop-off for absentee ballots in Minneapolis. Photo: Stephen Maturen/Getty Images

An appeals court on Thursday ruled that Minnesota absentee ballots must be received by 8 p.m. on Election Day to be counted.

Why it matters: The ruling, which comes just five days before the election, blocks the state's plan to count absentee ballots arriving late so long as they're postmarked by Nov. 3 and delivered within a week of the election. Now those ballots must be set aside and marked late.

Go deeper (2 min. read)Arrow