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Leatt Corp (LEAT) is the subject of an amended beneficial-ownership report by Warren Street Capital Partners, LP, Warren Street Capital GP, LLC, Warren Street Capital Mgmt., LLC, and Aaron Gelband, managing member of the GP and management entities. As of close of business September 30, 2026, the LP directly owned 236,699 shares (approximately 3.8%); the GP may be deemed to own 236,699 shares (approximately 3.8%); the management company may be deemed to own 261,399 shares (approximately 4.2%); and Gelband may be deemed to own 288,120 shares (approximately 4.6%). The stated totals include shares attributed through entity relationships and, for Gelband, shares held by his wife and children. The percentages are based on 6,219,239 shares outstanding as of September 24, 2026. Each reporting person disclaims beneficial ownership of securities reported that they do not directly own.
Key Figures
Warren Street Capital Partners, LP direct ownership:236,699 shares; approximately 3.8%Warren Street Capital GP, LLC beneficial ownership:236,699 shares; approximately 3.8%Warren Street Capital Mgmt., LLC beneficial ownership:261,399 shares; approximately 4.2%+2 more
5 metrics
Warren Street Capital Partners, LP direct ownership236,699 shares; approximately 3.8%As of close of business September 30, 2026
Warren Street Capital GP, LLC beneficial ownership236,699 shares; approximately 3.8%May be deemed owned as of close of business September 30, 2026
Warren Street Capital Mgmt., LLC beneficial ownership261,399 shares; approximately 4.2%May be deemed owned as of close of business September 30, 2026
Aaron Gelband beneficial ownership288,120 shares; approximately 4.6%May be deemed owned as of close of business September 30, 2026
Shares outstanding6,219,239 sharesAs of September 24, 2026; basis for reported ownership percentages
Key Terms
beneficial ownership, Shared Voting Power, Shared Dispositive Power, Percent of class
4 terms
beneficial ownershipregulatory
"disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Voting Powerregulatory
"Shared Voting Power 236,699.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 236,699.00"
Percent of classregulatory
"Percent of class: The following percentages are based on"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many LEAT shares did each reporting person report beneficially owning?
As of close of business September 30, 2026, Warren Street Capital Partners, LP directly owned 236,699 shares (approximately 3.8%). Warren Street Capital GP, LLC may be deemed to own 236,699 shares (approximately 3.8%); Warren Street Capital Mgmt., LLC, 261,399 shares (approximately 4.2%); and Aaron Gelband, 288,120 shares (approximately 4.6%).
What share count was used to calculate LEAT's reported ownership percentages?
The percentages are based on 6,219,239 shares outstanding as of September 24, 2026.
What voting and disposition powers did Aaron Gelband report for LEAT shares?
Aaron Gelband reported sole voting power over 15,571 shares and shared voting power over 272,549 shares. He reported the same share counts for sole and shared dispositive power.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Leatt Corp
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
522132208
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
522132208
1
Names of Reporting Persons
Warren Street Capital Partners LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
236,699.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
236,699.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
236,699.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
522132208
1
Names of Reporting Persons
Warren Street Capital GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
236,699.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
236,699.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
236,699.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
522132208
1
Names of Reporting Persons
Warren Street Capital Mgmt., LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
261,399.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
261,399.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
261,399.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
522132208
1
Names of Reporting Persons
Aaron Gelband
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
15,571.00
6
Shared Voting Power
272,549.00
7
Sole Dispositive Power
15,571.00
8
Shared Dispositive Power
272,549.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
288,120.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.6 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Leatt Corp
(b)
Address of issuer's principal executive offices:
12 KIEPERSOL DRIVE, ATLAS GARDENS, CONTERMANSKLOOF ROAD, DURBANVILLE, WESTERN CAPE, SOUTH AFRICA 7550
Item 2.
(a)
Name of person filing:
This statement is filed by Warren Street Capital Partners, LP, a Delaware limited partnership ("Warren Street Capital LP"), Warren Street Capital GP, LLC, a Delaware limited liability company ("Warren Street Capital GP"), Warren Street Capital Mgmt., LLC, a Delaware limited liability company ("Warren Street Capital Management"), and Aaron Gelband. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
Warren Street Capital GP serves as the general partner of Warren Street Capital LP. Warren Street Capital Management serves as the investment manager of Warren Street Capital LP and a certain managed account (the "Warren Street Account"). Mr. Gelband serves as the Managing Member of each of Warren Street Capital GP and Warren Street Capital Management. By virtue of these relationships, Warren Street Capital GP, Warren Street Capital Management and Mr. Gelband may be deemed to beneficially own the shares of Common Stock, par value $0.001 per share, of the Issuer (the "Shares") owned directly by Warren Street Capital LP, and Warren Street Capital Management and Mr. Gelband may also be deemed to beneficially own the Shares held in the Warren Street Account. Mr. Gelband may also be deemed to beneficially own the Shares held by his wife and children.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 2121 Avenue of the Stars, Los Angeles, California 90067.
(c)
Citizenship:
Warren Street Capital LP, Warren Street Capital GP and Warren Street Capital Management are organized under the laws of the State of Delaware. Mr. Gelband is a citizen of the United States of America.
(d)
Title of class of securities:
Common Stock, par value $0.001 per share
(e)
CUSIP No.:
522132208
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on September 30, 2026, (i) Warren Street Capital LP directly owned 236,699 Shares, (ii) 24,700 Shares were held in the Warren Street Account, (iii) 10,500 Shares were owned directly by Mr. Gelband's wife, (iv) 650 Shares were owned directly by Mr. Gelband's children and (v) Mr. Gelband directly owned 15,571 Shares.
By virtue of their relationships described in Item 2(a) above, (i) Warren Street Capital GP may be deemed to beneficially own the 236,699 Shares owned directly by Warren Street Capital LP, (ii) Warren Street Capital Management may be deemed to beneficially own the 261,399 Shares owned in the aggregate by Warren Street Capital LP and held in the Warren Street Account and (iii) Mr. Gelband may be deemed to beneficially own 288,120 Shares, consisting of the Shares he directly owns, those owned by his wife and children and the Shares owned by Warren Street Capital LP and held in the Warren Street Account.
The filing of this Schedule 13G shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
(b)
Percent of class:
The following percentages are based on 6,219,239 Shares outstanding as of September 24, 2026, which is the total number of Shares outstanding as disclosed in the Issuer's preliminary proxy statement on Schedule 14A filed with the Securities and Exchange Commission on September 29, 2026.
As of the close of business on September 30, 2026, (i) Warren Street Capital LP beneficially owned approximately 3.8% of the outstanding Shares, (ii) Warren Street Capital GP may be deemed to beneficially own approximately 3.8% of the outstanding Shares, (iii) Warren Street Capital Management may be deemed to beneficially own approximately 4.2% of the outstanding Shares and (iv) Mr. Gelband may be deemed to beneficially own approximately 4.6% of the outstanding Shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on July 25, 2024.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Warren Street Capital Partners LP
Signature:
/s/ Aaron Gelband
Name/Title:
Aaron Gelband, Managing Member of Warren Street Capital GP, LLC, its General Partner
