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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)
Checkbox not checked   Rule 13d-1(d)




X0202 SCHEDULE 13D/A 0000921895-26-000513 0001959730 XXXXXXXX LIVE 4 Class A Common Stock, $0.0001 par value per share 09/18/2026 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 5497413.00 0.00 5497413.00 0.00 5497413.00 N 9.8 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 5,497,413 Shares beneficially owned by the Reporting Person is approximately $39,523,665, 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 55,995,766 Shares outstanding as of August 4, 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 August 6, 2026. As of the date hereof, the Reporting Person beneficially owned 5,497,413 Shares, constituting approximately 9.8% 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 5,497,413 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 during the past 60 days are set forth in Exhibit 1 and are incorporated herein by reference. Item 6 is hereby amended to add the following: 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 6,462,462 notional Shares, representing approximately 11.5% 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. Item 7 is hereby amended to add the following exhibit: 1 - Transactions in Securities Fund 1 Investments, LLC /s/ Benjamin C. Cable Benjamin C. Cable, Chief Compliance Officer 09/22/2026