[SCHEDULE 13G/A] Strata Critical Medical, Inc. Amended Passive Investment Disclosure
Strata Critical holder owns 7.9M shares, 9% stake
Strata Critical Medical, Inc. (SRTA) received an Amendment No. 3 to a Schedule 13G from Steele ExpCo Holdings, LLC, KSL Capital Partners V GP, LLC and Eric Charles Resnick reporting their ownership of Class A Common Stock.
Strata Critical Medical, Inc. (SRTA) received an Amendment No. 3 to a Schedule 13G from Steele ExpCo Holdings, LLC, KSL Capital Partners V GP, LLC and Eric Charles Resnick reporting their ownership of Class A Common Stock. The reporting group beneficially owns 7,923,000 shares of Class A Common Stock, representing 9.0% of the class, based on 88,466,806 shares outstanding as of July 28, 2026. These shares are held directly by Steele ExpCo Holdings, LLC, with KSL Capital Partners V GP, LLC as its managing member and Eric Charles Resnick as managing member of that entity, so they may be deemed to share voting and dispositive power over these shares. The amendment notes that on May 7, 2026, 4,500,000 warrants to purchase Class A Common Stock held by Steele ExpCo Holdings, LLC expired in accordance with their terms.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:7,923,000 shares of Class A Common StockOwnership percentage:9.0% of Class A Common StockShares outstanding:88,466,806 shares of Class A Common Stock+1 more
4 metrics
Shares beneficially owned7,923,000 shares of Class A Common StockBeneficial ownership reported by the group of reporting persons
Ownership percentage9.0% of Class A Common StockBased on 88,466,806 shares outstanding as of July 28, 2026
Shares outstanding88,466,806 shares of Class A Common StockOutstanding as of July 28, 2026, per the issuer’s Form 10-Q
Expired warrants4,500,000 warrantsWarrants to purchase Class A Common Stock that expired on May 7, 2026
Key Terms
beneficially own, Rule 13d-3, warrants, dispositive power, +1 more
5 terms
beneficially ownfinancial
"the Reporting Persons beneficially own an aggregate of 7,923,000 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Rule 13d-3regulatory
"representing approximately 9.0% of the Class A Common Stock, calculated pursuant to Rule 13d-3"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
warrantsfinancial
"4,500,000 warrants to purchase Class A Common Stock held by Steele ExpCo"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
dispositive powerfinancial
"may be deemed to have or share voting and dispositive power of the securities"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13Gregulatory
"This Amendment No. 3 amends statement on Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What ownership stake in SRTA does Steele ExpCo Holdings report in this Schedule 13G/A?
The reporting persons beneficially own 7,923,000 shares of Strata Critical Medical, Inc. Class A Common Stock, representing 9.0% of the outstanding Class A Common Stock, based on 88,466,806 shares outstanding as of July 28, 2026.
Who are the reporting persons in this SRTA Schedule 13G/A amendment?
The reporting persons are Steele ExpCo Holdings, LLC, KSL Capital Partners V GP, LLC, and Eric Charles Resnick. Steele ExpCo Holdings, LLC holds the shares directly; KSL Capital Partners V GP, LLC is its managing member, and Eric Charles Resnick is the managing member of KSL Capital Partners V GP, LLC.
What change regarding warrants is disclosed for SRTA in this filing?
The filing states that on May 7, 2026, 4,500,000 warrants to purchase Strata Critical Medical, Inc. Class A Common Stock held by Steele ExpCo Holdings, LLC expired on their terms.
How is the 9.0% ownership in SRTA calculated in this Schedule 13G/A?
The 9.0% ownership is calculated under Rule 13d-3 of the Exchange Act, using a total of 88,466,806 shares of Class A Common Stock outstanding as of July 28, 2026, as reported in Strata Critical Medical, Inc.’s Form 10-Q filed on August 4, 2026.
Who has voting and dispositive power over the SRTA shares reported in this filing?
The 7,923,000 shares are held by Steele ExpCo Holdings, LLC. KSL Capital Partners V GP, LLC, as managing member of Steele ExpCo Holdings, LLC, and Eric Charles Resnick, as managing member of KSL Capital Partners V GP, LLC, may be deemed to have or share voting and dispositive power over these securities.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Strata Critical Medical, Inc.
(Name of Issuer)
Class A Common Stock, $0.0001 par value per share
(Title of Class of Securities)
092667104
(CUSIP Number)
06/30/2026
(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):
092667104
1
Names of Reporting Persons
Steele ExpCo Holdings, 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
7,923,000.00
6
Shared Voting Power
7
Sole Dispositive Power
7,923,000.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,923,000.00
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)
9.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
092667104
1
Names of Reporting Persons
KSL Capital Partners V 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
7,923,000.00
6
Shared Voting Power
7
Sole Dispositive Power
7,923,000.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,923,000.00
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)
9.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
092667104
1
Names of Reporting Persons
Eric Charles Resnick
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
7,923,000.00
6
Shared Voting Power
7
Sole Dispositive Power
7,923,000.00
8
Shared Dispositive Power
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,923,000.00
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)
9.0 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Strata Critical Medical, Inc.
(b)
Address of issuer's principal executive offices:
666 Third Avenue, 25th Floor, New York, NY, 10017
Item 2.
(a)
Name of person filing:
This Amendment No. 3 (this "Amendment") amends statement on Schedule 13G filed on February 12, 2020, as amended on January 24, 2022 and February 9, 2023 (as so amended, the "Schedule 13G") jointly filed by Steel ExpCo Holdings, LLC, KSL Capital Partners V GP, LLC and Eric Charles Resnick (collectively, the "Reporting Persons"). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Schedule 13G. Except as set forth herein, the Schedule 13G is unmodified.
(b)
Address or principal business office or, if none, residence:
The address of the principal business and principal office of the Reporting Persons is c/o Steele ExpCo Holdings, LLC, 100 St. Paul St., Suite 800, Denver, CO 80206.
(c)
Citizenship:
Steele ExpCo Holdings, LLC is a limited liability company formed in the State of Delaware. KSL Capital Partners V GP, LLC is a limited liability company formed in the State of Delaware. Eric Charles Resnick is a citizen of the United States.
(d)
Title of class of securities:
Class A Common Stock, $0.0001 par value per share
(e)
CUSIP No.:
092667104
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:
Item 4(a) of the Schedule 13G is hereby amended and restated as follows:
The information contained in rows 5, 6, 7, 8, 9, 10, and 11 on each of the cover pages of this Amendment is incorporated by reference into this Item 4.
As of the date hereof, the Reporting Persons beneficially own an aggregate of 7,923,000 shares of Class A Common Stock held by Steele ExpCo Holding, LLC, representing approximately 9.0% of the Class A Common Stock, calculated pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On May 7, 2026, 4,500,000 warrants to purchase Class A Common Stock held by Steele ExpCo Holding, LLC expired on their terms.
KSL Capital Partners V GP, LLC, a Delaware limited liability company, is the managing member of Steele ExpCo Holdings, LLC. Eric Charles Resnick is the managing member of KSL Capital Partners V GP, LLC. As such, KSL Capital Partners V GP, LLC and Eric Charles Resnick may be deemed to have or share voting and dispositive power of the securities held directly by Steele ExpCo Holdings, LLC.
(b)
Percent of class:
Item 4(b) of the Schedule 13G is hereby amended and restated as follows:
The percentage of shares of Class A Common Stock held by the Reporting Persons is based upon 88,466,806 shares of Class A Common Stock outstanding as of July 28, 2026 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 4, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 on each of the cover pages of this Amendment.
(ii) Shared power to vote or to direct the vote:
See row 6 on each of the cover pages of this Amendment.
(iii) Sole power to dispose or to direct the disposition of:
See row 7 on each of the cover pages of this Amendment.
(iv) Shared power to dispose or to direct the disposition of:
See row 8 on each of the cover pages of this Amendment.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
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.
Steele ExpCo Holdings, LLC
Signature:
/s/ Eric Charles Resnick
Name/Title:
Eric Charles Resnick, Managing Member of KSL Capital Partners V GP, LLC, the Managing Member of Steele ExpCo Holdings, LLC