to punish
kolazo refers to imposing punishment, whether contemplated after threats or maintained until judgment.
The two verses show punishment as an action contemplated against people after threats and as a condition in which the unrighteous are kept until the day of judgment.
Senses in use
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Imposing or maintaining punishment · dominant
In Acts 4:21, the aorist middle subjunctive occurs as the speakers seek a way to act against those they threatened; the APB renders the clause "finding no way to punish them." In 2 Peter 2:9, the present passive participle describes the unrighteous as being kept under punishment until the day of judgment in the APB rendering.
In the Anselm Project Bible: The APB uses "punish" in Acts 4:21 and "under punishment" in 2 Peter 2:9. These render the clauses rather than establishing separate meanings.