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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
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X0202 SCHEDULE 13D/A 0001959730 XXXXXXXX LIVE 3 Class A Common Stock, $0.0001 par value per share 06/12/2026 true 0001704711 361008105 Funko, Inc. 2802 WETMORE AVE EVERETT WA 98201 Kenneth Mantel, Esq. 212-451-2300 Olshan Frome Wolosky LLP 1325 Avenue of the Americas New York NY 10019 0001959730 N Fund 1 Investments, LLC AF N DE 5257086.00 0.00 5257086.00 0.00 5257086.00 N 9.41 HC OO Class A Common Stock, $0.0001 par value per share Funko, Inc. 2802 WETMORE AVE EVERETT WA 98201 Item 3 is hereby amended and restated to read as follows: The Shares beneficially owned by the Reporting Person were purchased with working capital of the Funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business). The aggregate purchase price of the 5,257,086 Shares beneficially owned by the Reporting Person is approximately $41,723,700 including brokerage commissions. Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported beneficially owned by the Reporting Person is based on 55,839,584 Shares outstanding as of May 5, 2026, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 7, 2026. As of the date hereof, the Reporting Person beneficially owned 5,257,086 Shares, constituting approximately 9.41% of the outstanding Shares. Item 5(b) is hereby amended and restated to read as follows: The Reporting Person has sole power (i) to vote or direct the vote of, and (ii) to dispose or direct the disposition of, the 5,257,086 Shares held by the Funds. Item 5(c) is hereby amended and restated to read as follows: The transactions in the Shares by the Reporting Person since the most recent filing of Schedule 13D are set forth in Exhibit 1 and are incorporated herein by reference. Item 6 is hereby amended and restated to read as follows: The Reporting Person has entered into certain cash-settled total return swap agreements (the "Cash-Settled Swaps") with an unaffiliated third-party financial institution, which provide the Reporting Person with economic exposure to an aggregate of 5,248,201 notional Shares, representing approximately 9.40% of the outstanding Shares. The Cash-Settled Swaps provide the Reporting Person with economic results that are comparable to the economic results of ownership, but do not provide the Reporting Person with the power to vote or direct the voting or dispose of or direct the disposition of the Shares that are the subject of the Cash-Settled Swaps. Other than as described herein, there are no contracts, arrangements, understandings, or relationships between the Reporting Person and any other person, with respect to the securities of the Issuer. 1 - Transactions in the Securities of the Issuer Since the Most Recent Filing of Schedule 13D Fund 1 Investments, LLC /s/ Benjamin C. Cable Benjamin C. Cable, Chief Operating Officer 06/18/2026