# EDGAR Filing Document

**Accession Number:** 0001901865
**File Stem:** 0000919574-26-000995
**Filing Date:** 2026-2
**Character Count:** 12886
**Document Hash:** f1b6a813e51e6902bcc297af297cdeb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-26-000995.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0000919574-26-000995

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Divisadero Street Capital Management, LP
- **CENTRAL INDEX KEY:** 0001901865

**ORGANIZATION NAME:**
- **EIN:** 872846246
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22165
- **FILM NUMBER:** 26635028

**BUSINESS ADDRESS:**
- **STREET 1:** 3480 MAIN HIGHWAY
- **STREET 2:** SUITE 204
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133
- **BUSINESS PHONE:** 415-378-0636

**MAIL ADDRESS:**
- **STREET 1:** 3480 MAIN HIGHWAY
- **STREET 2:** SUITE 204
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Divisadero Street Capital Management LP<br>**Address:** 3480 Main Highway<br>Suite 204<br>Miami, FL 33133

**Form 13F File Number:** 028-22165

**CRD Number (if applicable):** 000317392

**SEC File Number (if applicable):** 801-126319

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Brian Goldenberg<br>**Title:** CFO COO  CCO<br>**Phone:** 917-805-9985

**Signature, Place, and Date of Signing:**

/s/ Brian Goldenberg  Miami, FL  02-13-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 92

**Form 13F Information Table Value Total:** $2137852576

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1 800 FLOWERS COM INC | CL A | 68243Q106 |  | 677512 | 172395 | SH |  | SOLE |  | 172395 | 0 | 0 |
| 3-D SYS CORP DEL | COM NEW | 88554D205 |  | 160240 | 90531 | SH |  | SOLE |  | 90531 | 0 | 0 |
| ADAPTIVE BIOTECHNOLOGIES COR | COM | 00650F109 |  | 5868227 | 361344 | SH |  | SOLE |  | 361344 | 0 | 0 |
| ADTRAN HOLDINGS INC | COM | 00486H105 |  | 1107879 | 127489 | SH |  | SOLE |  | 127489 | 0 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 299714 | 78872 | SH |  | SOLE |  | 78872 | 0 | 0 |
| AMER SPORTS INC | COM SHS | G0260P102 |  | 93033061 | 2490845 | SH |  | SOLE |  | 2490845 | 0 | 0 |
| AMERICAN PUB ED INC | COM | 02913V103 |  | 63184892 | 1671558 | SH |  | SOLE |  | 1671558 | 0 | 0 |
| ARHAUS INC | COM CL A | 04035M102 |  | 755700 | 67413 | SH |  | SOLE |  | 67413 | 0 | 0 |
| ARLO TECHNOLOGIES INC | COM | 04206A101 |  | 4480815 | 320287 | SH |  | SOLE |  | 320287 | 0 | 0 |
| AVITA MEDICAL INC | COM | 05380C102 |  | 345000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AXOGEN INC | COM | 05463X106 |  | 16490094 | 503822 | SH |  | SOLE |  | 503822 | 0 | 0 |
| BELLRING BRANDS INC | COMMON STOCK | 07831C103 |  | 1490999 | 55780 | SH |  | SOLE |  | 55780 | 0 | 0 |
| BETA BIONICS INC | COM | 08659B102 |  | 1206795 | 39606 | SH |  | SOLE |  | 39606 | 0 | 0 |
| BIOVENTUS INC | COM CL A | 09075A108 |  | 1362495 | 183131 | SH |  | SOLE |  | 183131 | 0 | 0 |
| BLEND LABS INC | CL A | 09352U108 |  | 17331411 | 5701122 | SH |  | SOLE |  | 5701122 | 0 | 0 |
| BLUELINX HLDGS INC | COM NEW | 09624H208 |  | 6335952 | 103141 | SH |  | SOLE |  | 103141 | 0 | 0 |
| BUILD-A-BEAR WORKSHOP INC | COM | 120076104 |  | 76662494 | 1251224 | SH |  | SOLE |  | 1251224 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 92080122 | 218189 | SH |  | SOLE |  | 218189 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 51735297 | 175012 | SH |  | SOLE |  | 175012 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 41623400 | 910000 | SH | Call | SOLE |  | 910000 | 0 | 0 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 74108497 | 1620212 | SH |  | SOLE |  | 1620212 | 0 | 0 |
| CERIBELL INC | COM | 15678C102 |  | 4133937 | 188506 | SH |  | SOLE |  | 188506 | 0 | 0 |
| CITI TRENDS INC | COM | 17306X102 |  | 8441127 | 203107 | SH |  | SOLE |  | 203107 | 0 | 0 |
| COMPASS INC | CL A | 20464U100 |  | 13212500 | 1250000 | SH |  | SOLE |  | 1250000 | 0 | 0 |
| DAVE INC | CLASS A COM NEW | 23834J201 |  | 57922627 | 261608 | SH |  | SOLE |  | 261608 | 0 | 0 |
| DAVE INC | CLASS A COM NEW | 23834J201 |  | 160544391 | 725100 | SH | Call | SOLE |  | 725100 | 0 | 0 |
| DELCATH SYS INC | COM NEW | 24661P807 |  | 5047940 | 499796 | SH |  | SOLE |  | 499796 | 0 | 0 |
| DESTINATION XL GROUP INC | COM | 25065K104 |  | 182003 | 197937 | SH |  | SOLE |  | 197937 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 17304503 | 502162 | SH |  | SOLE |  | 502162 | 0 | 0 |
| EL POLLO LOCO HLDGS INC | COM | 268603107 |  | 7245276 | 692665 | SH |  | SOLE |  | 692665 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 |  | 12967428 | 82490 | SH |  | SOLE |  | 82490 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 2689767 | 138505 | SH |  | SOLE |  | 138505 | 0 | 0 |
| FIGS INC | CL A | 30260D103 |  | 50104780 | 4410632 | SH |  | SOLE |  | 4410632 | 0 | 0 |
| FLOTEK INDS INC DEL | COM NEW | 343389409 |  | 5813523 | 337407 | SH |  | SOLE |  | 337407 | 0 | 0 |
| FLYWIRE CORPORATION | COM VTG | 302492103 |  | 81936302 | 5786462 | SH |  | SOLE |  | 5786462 | 0 | 0 |
| FOX FACTORY HLDG CORP | COM | 35138V102 |  | 1711000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| GAMBLING COM GROUP LIMITED | ORDINARY SHARES | G3R239101 |  | 1669089 | 305694 | SH |  | SOLE |  | 305694 | 0 | 0 |
| GOGO INC | COM | 38046C109 |  | 57188 | 12272 | SH |  | SOLE |  | 12272 | 0 | 0 |
| GROUPON INC | COM NEW | 399473206 |  | 7835834 | 444965 | SH |  | SOLE |  | 444965 | 0 | 0 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 15255478 | 469833 | SH |  | SOLE |  | 469833 | 0 | 0 |
| HINGE HEALTH INC | CL A | 433313103 |  | 1144482 | 24639 | SH |  | SOLE |  | 24639 | 0 | 0 |
| IMAX CORP | COM | 45245E109 |  | 35665883 | 964986 | SH |  | SOLE |  | 964986 | 0 | 0 |
| INDIVIOR PLC | ORD | G4766E116 |  | 99918122 | 2784786 | SH |  | SOLE |  | 2784786 | 0 | 0 |
| INOGEN INC | COM | 45780L104 |  | 592274 | 88136 | SH |  | SOLE |  | 88136 | 0 | 0 |
| J JILL INC | COM | 46620W201 |  | 1483201 | 108105 | SH |  | SOLE |  | 108105 | 0 | 0 |
| JOHNSON OUTDOORS INC | CL A | 479167108 |  | 8891450 | 209457 | SH |  | SOLE |  | 209457 | 0 | 0 |
| LIFEMD INC | COM | 53216B104 |  | 463167 | 135826 | SH |  | SOLE |  | 135826 | 0 | 0 |
| LIFEVANTAGE CORP | COM NEW | 53222K205 |  | 396365 | 64345 | SH |  | SOLE |  | 64345 | 0 | 0 |
| LIFEWAY FOODS INC | COM | 531914109 |  | 32653196 | 1347635 | SH |  | SOLE |  | 1347635 | 0 | 0 |
| LOVESAC COMPANY | COM | 54738L109 |  | 562196 | 38115 | SH |  | SOLE |  | 38115 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 43561809 | 118185 | SH |  | SOLE |  | 118185 | 0 | 0 |
| MEDIAALPHA INC | CL A | 58450V104 |  | 10994692 | 849011 | SH |  | SOLE |  | 849011 | 0 | 0 |
| MEDIFAST INC | COM | 58470H101 |  | 852681 | 79839 | SH |  | SOLE |  | 79839 | 0 | 0 |
| NAPCO SEC TECHNOLOGIES INC | COM | 630402105 |  | 33765699 | 809729 | SH |  | SOLE |  | 809729 | 0 | 0 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 9084638 | 351845 | SH |  | SOLE |  | 351845 | 0 | 0 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 1176000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| NETGEAR INC | COM | 64111Q104 |  | 704011 | 28700 | SH |  | SOLE |  | 28700 | 0 | 0 |
| OMADA HEALTH INC | COM | 68170A108 |  | 7410241 | 469597 | SH |  | SOLE |  | 469597 | 0 | 0 |
| ONEWATER MARINE INC | CL A COM | 68280L101 |  | 1168560 | 108000 | SH |  | SOLE |  | 108000 | 0 | 0 |
| PHATHOM PHARMACEUTICALS INC | COM | 71722W107 |  | 10987756 | 662312 | SH |  | SOLE |  | 662312 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 4530338 | 28244 | SH |  | SOLE |  | 28244 | 0 | 0 |
| PORCH GROUP INC | DEBT 9.000% 5/1 | 733245AD6 |  | 14793805 | 1620351 | SH |  | SOLE |  | 1620351 | 0 | 0 |
| PRIORITY TECHNOLOGY HLDGS IN | COM | 74275G107 |  | 5765522 | 1057894 | SH |  | SOLE |  | 1057894 | 0 | 0 |
| PROGYNY INC | COM | 74340E103 |  | 9337864 | 363624 | SH |  | SOLE |  | 363624 | 0 | 0 |
| PURPLE INNOVATION INC | COM | 74640Y106 |  | 95707 | 138605 | SH |  | SOLE |  | 138605 | 0 | 0 |
| RANPAK HOLDINGS CORP | COM CL A | 75321W103 |  | 1352505 | 250001 | SH |  | SOLE |  | 250001 | 0 | 0 |
| REMITLY GLOBAL INC | COM | 75960P104 |  | 848189 | 61463 | SH |  | SOLE |  | 61463 | 0 | 0 |
| REV GROUP INC | COM | 749527107 |  | 3040500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 12286269 | 68204 | SH |  | SOLE |  | 68204 | 0 | 0 |
| RUSH STREET INTERACTIVE INC | COM | 782011100 |  | 54427394 | 2801204 | SH |  | SOLE |  | 2801204 | 0 | 0 |
| RUSH STREET INTERACTIVE INC | COM | 782011100 |  | 31284243 | 1610100 | SH | Call | SOLE |  | 1610100 | 0 | 0 |
| SENSUS HEALTHCARE INC | COM | 81728J109 |  | 1189538 | 298879 | SH |  | SOLE |  | 298879 | 0 | 0 |
| SEZZLE INC | COM | 78435P105 |  | 71296770 | 1123226 | SH |  | SOLE |  | 1123226 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 86069340 | 769163 | SH |  | SOLE |  | 769163 | 0 | 0 |
| SLEEP NUMBER CORP | COM | 83125X103 |  | 1320589 | 156098 | SH |  | SOLE |  | 156098 | 0 | 0 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 148023455 | 12386900 | SH | Call | SOLE |  | 12386900 | 0 | 0 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 140312467 | 11741629 | SH |  | SOLE |  | 11741629 | 0 | 0 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 1725449 | 255244 | SH |  | SOLE |  | 255244 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 49713991 | 3150443 | SH |  | SOLE |  | 3150443 | 0 | 0 |
| THREDUP INC | CL A | 88556E102 |  | 6351334 | 993949 | SH |  | SOLE |  | 993949 | 0 | 0 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 11357055 | 164595 | SH |  | SOLE |  | 164595 | 0 | 0 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 57583598 | 531214 | SH |  | SOLE |  | 531214 | 0 | 0 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 16180100 | 370000 | SH |  | SOLE |  | 370000 | 0 | 0 |
| VERICEL CORP | COM | 92346J108 |  | 8102250 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 26728182 | 493413 | SH |  | SOLE |  | 493413 | 0 | 0 |
| VITAL FARMS INC | COM | 92847W103 |  | 17080873 | 534780 | SH |  | SOLE |  | 534780 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 6216000 | 800000 | SH |  | SOLE |  | 800000 | 0 | 0 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 30987291 | 298932 | SH |  | SOLE |  | 298932 | 0 | 0 |
| WINGSTOP INC | COM | 974155103 |  | 3066266 | 12857 | SH |  | SOLE |  | 12857 | 0 | 0 |
| ZEVIA PBC | CL A | 98955K104 |  | 7456390 | 3213961 | SH |  | SOLE |  | 3213961 | 0 | 0 |
| ZIPRECRUITER INC | CL A | 98980B103 |  | 193089 | 49510 | SH |  | SOLE |  | 49510 | 0 | 0 |
| ZUMIEZ INC | COM | 989817101 |  | 3244501 | 124549 | SH |  | SOLE |  | 124549 | 0 | 0 |

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