# EDGAR Filing Document

**Accession Number:** 0001855747
**File Stem:** 0001104659-25-079403
**Filing Date:** 2025-8
**Character Count:** 30181
**Document Hash:** 5bd2157b318e670128a65fef7b3491a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-079403.hdr.sgml**: 20250818

**ACCESSION NUMBER**: 0001104659-25-079403

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250818

**DATE AS OF CHANGE**: 20250818

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blend Labs, Inc.
- **CENTRAL INDEX KEY:** 0001855747
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 455211045
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92699
- **FILM NUMBER:** 251226212

**BUSINESS ADDRESS:**
- **STREET 1:** 7250 REDWOOD BLVD., SUITE 300
- **CITY:** NOVATO
- **STATE:** CA
- **ZIP:** 94945
- **BUSINESS PHONE:** (650) 550-4810

**MAIL ADDRESS:**
- **STREET 1:** 7250 REDWOOD BLVD., SUITE 300
- **CITY:** NOVATO
- **STATE:** CA
- **ZIP:** 94945
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Haveli Investments, L.P.
- **CENTRAL INDEX KEY:** 0002022284

**ORGANIZATION NAME:**
- **EIN:** 871645689
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 405 COLORADO ST., SUITE 1600
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78701
- **BUSINESS PHONE:** 1 (512) 987-7314

**MAIL ADDRESS:**
- **STREET 1:** 405 COLORADO ST., SUITE 1600
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78701

## Exhibit 99.6

Exhibit 6

**Annex A**

The name and principal occupation of each director and executive officer of the Reporting Persons are set forth below. The address for each person listed below is c/o Haveli Investments, L.P., 405 Colorado Street, Suite 1600, Austin, TX 78701. All executive officers and directors listed are United States citizens.

Haveli Brooks Aggregator, L.P.

---

| | | |
|:---|:---|:---|
| **Name** | **Director/Executive<br> Officer** | **Present Principal Occupation and Employment** |
| Brian N. Sheth | Executive Officer | Chief Investment Officer and Senior Managing Director of Haveli Investments, L.P. |
| Sumit Pande | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Nora Turek Cappellini | Executive Officer | Chief Financial Officer of Haveli Investments, L.P. |
| Della P. Richardson | Executive Officer | Chief Compliance Officer and Deputy General Counsel of Haveli Investments, L.P. |

---

Haveli Investments Software Fund I GP, LLC does not have any directors or officers and is managed by its member, Whanau Interests LLC.

Haveli Software Management LLC

---

| | | |
|:---|:---|:---|
| **Name** | **Manager/Executive<br> Officer** | **Present Principal Occupation and Employment** |
| Brian N. Sheth | Manager | Chief Investment Officer and Senior Managing Director of Haveli Investments, L.P. |
| Ian Loring | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Sumit Pande | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Ira Cohen | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Jason Mathews | Executive Officer | Chief Operating Officer of Haveli Investments, L.P. |
| Nora Turek Cappellini | Executive Officer | Chief Financial Officer of Haveli Investments, L.P. |
| Della P. Richardson | Executive Officer | Chief Compliance Officer and Deputy General Counsel of Haveli Investments, L.P. |

---

Haveli Investment Management LLC

---

| | | |
|:---|:---|:---|
| **Name** | **Manager/Executive<br> Officer** | **Present Principal Occupation and Employment** |
| Brian N. Sheth | Manager and Executive Officer | Chief Investment Officer and Senior Managing Director of Haveli Investments, L.P. |
| Ira Cohen | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Jason Mathews | Executive Officer | Chief Operating Officer of Haveli Investments, L.P. |
| Nora Turek Cappellini | Executive Officer | Chief Financial Officer of Haveli Investments, L.P. |
| Della P. Richardson | Executive Officer | Chief Compliance Officer and Deputy General Counsel of Haveli Investments, L.P. |

---

Haveli Investments, L.P.

---

| | | |
|:---|:---|:---|
| **Name** | **Manager/Executive<br> Officer** | **Present Principal Occupation and Employment** |
| Brian N. Sheth | Executive Officer | Chief Investment Officer and Senior Managing Director of Haveli Investments, L.P. |
| Ian Loring | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Sumit Pande | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Ira Cohen | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Ophir Lupu | Executive Officer | Senior Managing Director of Haveli Investments, L.P. |
| Jason Mathews | Executive Officer | Chief Operating Officer of Haveli Investments, L.P. |
| Nora Turek Cappellini | Executive Officer | Chief Financial Officer of Haveli Investments, L.P. |
| Della P. Richardson | Executive Officer | Chief Compliance Officer and Deputy General Counsel of Haveli Investments, L.P. |

---

Whanau Interests LLC

---

| | | |
|:---|:---|:---|
| **Name** | **Manager/Executive<br> Officer** | **Present Principal Occupation and Employment** |
| Brian N. Sheth | Managing Member | Chief Investment Officer and Senior Managing Director of Haveli Investments, L.P. |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Blend Labs, Inc.**

*(Name of Issuer)*

**Class A common stock, par value $0.00001 per share**

*(Title of Class of Securities)*

**09352U108**

*(CUSIP Number)*

**Della P. Richardson**<br>405 Colorado Street<br>Suite 1600<br>Austin TX 78701<br>512-987-7314

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/17/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Haveli Brooks Aggregator, L.P.** | Name of reporting person<br>**Haveli Brooks Aggregator, L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock, par value $0.00001 per share (the "Class A Common Stock") of Blend Labs, Inc. (the "Issuer") issuable upon conversion of 150,000 shares of Series A Convertible Preferred Stock, par value $0.00001 per share, (the "Series A Preferred Stock") of the Issuer, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of warrants with an exercise price of $4.50 per share (the "Warrants") and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares of Class A Common Stock outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported by the Issuer in its Quarterly Report for the period ended June 30, 2025, as filed with the Securities and Exchange Commission on August 7, 2025 (the "Q2 2025 10-Q"), (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Haveli Investments Software Fund I GP, LLC** | Name of reporting person<br>**Haveli Investments Software Fund I GP, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Haveli Software Management LLC** | Name of reporting person<br>**Haveli Software Management LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Whanau Interests LLC** | Name of reporting person<br>**Whanau Interests LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Haveli Investment Management LLC** | Name of reporting person<br>**Haveli Investment Management LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Haveli Investments, L.P.** | Name of reporting person<br>**Haveli Investments, L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60388199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60388199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | Aggregate amount beneficially owned by each reporting person<br>**60388199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,123,242 shares of Class A Common Stock.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

| **CUSIP No.** | **09352U108** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Brian N. Sheth** | Name of reporting person<br>**Brian N. Sheth** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**60518199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**60518199.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60518199.00** | Aggregate amount beneficially owned by each reporting person<br>**60518199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**19.3%** | Percent of class represented by amount in Row (11)<br>**19.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** The securities reported in rows 8, 10 and 11 are comprised of (i) 46,153,845 shares of Class A Common Stock issuable upon conversion of 150,000 shares of Series A Preferred Stock, (ii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants and (iii) 3,253,242 shares of Class A Common Stock, including 130,000 shares of Class A Common Stock held in a family trust for which Mr. Sheth's spouse is the trustee.

The number of shares outstanding for purposes of the percentage calculation in row 13 assumes (i) 255,696,747 shares outstanding as of July 31, 2025, as reported in the Q2 2025 10-Q, (ii) 46,153,845 shares of Class A Common Stock issuable upon conversion of the Series A Preferred Stock and (iii) 11,111,112 shares of Class A Common Stock issuable upon exercise of the Warrants.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A common stock, par value $0.00001 per share

**(b) Name of Issuer:**
Blend Labs, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
7250 Redwood Blvd., Suite 300, Novato, CA, 94945

The statement on Schedule 13D filed on May 6, 2024 (the "Original Schedule 13D") is hereby amended as set forth below by this Amendment No. 1 ("Amendment No. 1" and, together with the Original Schedule 13D, the "Schedule 13D"). Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Original Schedule 13D. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings assigned to such terms in the Original Schedule 13D.

**Item 4. Purpose of Transaction**

This Amendment No. 1 amends and supplements the Original Schedule 13D by adding the following:

On August 17, 2025, the Board, at the request of Aggregator, provided written approval for Aggregator to acquire beneficial ownership of up to 24.9% of the Issuer's outstanding Class A Common Stock.  Prior to that approval, the Investment Agreement restricted, subject to certain customary exceptions, Aggregator from acquiring beneficial ownership of more than 19.9% of the Issuer's outstanding Class A Common Stock.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The information contained in rows 11 and 13 on each of the cover pages of this Amendment No. 1 and the information set forth or incorporated in Items 2, 3, 4 and 6 of the Schedule 13D is incorporated by reference in its entirety into this Item 5.

**(b)**
The information contained in rows 7, 8, 9 and 10 on each of the cover pages of this Amendment No. 1 and the information set forth or incorporated in Items 2, 3, 4 and 6 of the Schedule 13D is incorporated by reference in its entirety into this Item 5.

**(c)**
None of the Reporting Persons nor, to the best knowledge of the Reporting Persons, without independent verification, any person named in Item 2 hereof, has effected any transaction in the shares of Class A Common Stock during the past 60 days.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Haveli Brooks Aggregator, L.P.

**Signature:** /s/ Brian N. Sheth

**Name/Title:** Brian N. Sheth / Chief Executive Officer and Chief Investment Officer

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Haveli Investments Software Fund I GP, LLC

**Signature:** /s/ Brian N. Sheth

**Name/Title:** By: Whanau Interests LLC, its Sole Member By: Brian N. Sheth / Managing Member

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Haveli Software Management LLC

**Signature:** /s/ Brian N. Sheth

**Name/Title:** Brian N. Sheth / Chief Executive Officer and Chief Investment Officer

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Whanau Interests LLC

**Signature:** /s/ Brian N. Sheth

**Name/Title:** Brian N. Sheth / Managing Member

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Haveli Investment Management LLC

**Signature:** /s/ Brian N. Sheth

**Name/Title:** Brian N. Sheth / Chief Executive Officer and Chief Investment Officer

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Haveli Investments, L.P.

**Signature:** /s/ Brian N. Sheth

**Name/Title:** By: Whanau Interests LLC, its General Partner By: Brian N. Sheth / Managing Member

**Date:** 08/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Brian N. Sheth

**Signature:** /s/ Brian N. Sheth

**Name/Title:** Brian N. Sheth

**Date:** 08/18/2025