# EDGAR Filing Document

**Accession Number:** 0001278960
**File Stem:** 0001398344-26-009537
**Filing Date:** 2026-5
**Character Count:** 10732
**Document Hash:** cafbb043176e0fc162240618bb29222b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-009537.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0001398344-26-009537

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**EFFECTIVENESS DATE**: 20260521

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SILVERBACK ASSET MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001278960

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10791
- **FILM NUMBER:** 261006207

**BUSINESS ADDRESS:**
- **STREET 1:** 555 S. MANGUM STREET
- **STREET 2:** SUITE 910
- **CITY:** DURHAM
- **STATE:** NC
- **ZIP:** 27701
- **BUSINESS PHONE:** 919-969-9300

**MAIL ADDRESS:**
- **STREET 1:** 555 S. MANGUM STREET
- **STREET 2:** SUITE 910
- **CITY:** DURHAM
- **STATE:** NC
- **ZIP:** 27701

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SILVERBACK ASET MANAGEMENT LLC
- **DATE OF NAME CHANGE:** 20040206

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [x] **Amendment Number:** 1

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SILVERBACK ASSET MANAGEMENT LLC<br>**Address:** 555 S. MANGUM STREET<br>SUITE 910<br>DURHAM, NC 27701

**Form 13F File Number:** 028-10791

**CRD Number (if applicable):** 000141407

**SEC File Number (if applicable):** 801-67159

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:** Robert Barron<br>**Title:** Managing Member<br>**Phone:** 919-969-9300

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

/s/ Robert Barron  Chapel Hill, NC  05-19-2026<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:** 63

**Form 13F Information Table Value Total:** $698847142

      (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 |
| AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 00971TAL5 |  | 2901630 | 2500000 | PRN |  | SOLE |  | 2500000 | 0 | 0 |
| AMPHASTAR PHARMACEUTICALS IN | NOTE 2.000% 3/1 | 03209RAB9 |  | 4596851 | 5080000 | PRN |  | SOLE |  | 5080000 | 0 | 0 |
| BRIDGEBIO PHARMA INC | NOTE 2.250% 2/0 | 10806XAD4 |  | 24758945 | 22032000 | PRN |  | SOLE |  | 22032000 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | NOTE 2.875% 2/1 | 19459JAC8 |  | 11953572 | 10300000 | PRN |  | SOLE |  | 10300000 | 0 | 0 |
| DROPBOX INC | NOTE  3/0 | 26210CAD6 |  | 16898181 | 17800000 | PRN |  | SOLE |  | 17800000 | 0 | 0 |
| EVOLENT HEALTH INC | NOTE 3.500%12/0 | 30050BAH4 |  | 5314080 | 10000000 | PRN |  | SOLE |  | 10000000 | 0 | 0 |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 | 30050BAJ0 |  | 8545299 | 16649000 | PRN |  | SOLE |  | 16649000 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | 40171VAC4 |  | 12467175 | 12500000 | PRN |  | SOLE |  | 12500000 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | 405024AD2 |  | 13624668 | 14283000 | PRN |  | SOLE |  | 14283000 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | NOTE 0.250% 3/0 | 40637HAD1 |  | 11606917 | 11134000 | PRN |  | SOLE |  | 11134000 | 0 | 0 |
| INOTIV INC | NOTE 3.250%10/1 | 45783QAB6 |  | 4062683 | 17092000 | PRN |  | SOLE |  | 17092000 | 0 | 0 |
| NUTANIX INC | NOTE 0.250%10/0 | 67059NAH1 |  | 22508200 | 22000000 | PRN |  | SOLE |  | 22000000 | 0 | 0 |
| OMNICELL COM | NOTE 1.000%12/0 | 68213NAF6 |  | 9371942 | 9600000 | PRN |  | SOLE |  | 9600000 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE  5/0 | 682189AS4 |  | 29094218 | 22571000 | PRN |  | SOLE |  | 22571000 | 0 | 0 |
| PENGUIN SOLUTIONS INC | NOTE 2.000% 8/1 | 83205YAE4 |  | 4003064 | 3985000 | PRN |  | SOLE |  | 3985000 | 0 | 0 |
| PORCH GROUP INC | DEBT 9.000% 5/1 | 733245AD6 |  | 19633495 | 18500000 | PRN |  | SOLE |  | 18500000 | 0 | 0 |
| PELOTON INTERACTIVE INC | NOTE 5.500%12/0 | 70614WAD2 |  | 1834530 | 1368000 | PRN |  | SOLE |  | 1368000 | 0 | 0 |
| SEMTECH CORP | NOTE 1.625%11/0 | 816850AF8 |  | 26653892 | 12608000 | PRN |  | SOLE |  | 12608000 | 0 | 0 |
| SYNAPTICS INC | NOTE 0.750%12/0 | 87157DAJ8 |  | 21136580 | 20423000 | PRN |  | SOLE |  | 20423000 | 0 | 0 |
| UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | 90353TAM2 |  | 27750742 | 23000000 | PRN |  | SOLE |  | 23000000 | 0 | 0 |
| VERTEX INC | NOTE 0.750% 5/0 | 92538JAB2 |  | 13054500 | 15000000 | PRN |  | SOLE |  | 15000000 | 0 | 0 |
| VARONIS SYS INC | NOTE 1.000% 9/1 | 922280AD4 |  | 17870633 | 20455000 | PRN |  | SOLE |  | 20455000 | 0 | 0 |
| VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | 928298AR9 |  | 27752858 | 28833000 | PRN |  | SOLE |  | 28833000 | 0 | 0 |
| WOLFSPEED INC | NOTE 2.500% 6/1 | 977852AP7 |  | 12247317 | 8531000 | PRN |  | SOLE |  | 8531000 | 0 | 0 |
| ORACLE CORP | 6.5 DEP CUM SR D | 68389X204 |  | 22054900 | 490000 | PRN |  | SOLE |  | 490000 | 0 | 0 |
| ACCURAY INC DEL | COM | 004397105 |  | 640365 | 1650000 | SH |  | SOLE |  | 1650000 | 0 | 0 |
| AEROVIRONMENT INC | COM | 008073108 |  | 2214905 | 12100 | SH |  | SOLE |  | 12100 | 0 | 0 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 2005454 | 24200 | SH |  | SOLE |  | 24200 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 2407064 | 160900 | SH |  | SOLE |  | 160900 | 0 | 0 |
| EYEPOINT INC | COM NEW | 30233G209 |  | 644500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| HARMONIC INC | COM | 413160102 |  | 5824123 | 648566 | SH |  | SOLE |  | 648566 | 0 | 0 |
| KARYOPHARM THERAPEUTICS INC | COM NEW | 48576U205 |  | 362050 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| LIVEPERSON INC | COM | 538146309 |  | 1236753 | 485001 | SH |  | SOLE |  | 485001 | 0 | 0 |
| MAGNACHIP SEMICONDUCTOR CORP | COM | 55933J203 |  | 616000 | 220000 | SH |  | SOLE |  | 220000 | 0 | 0 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 1225049 | 165101 | SH |  | SOLE |  | 165101 | 0 | 0 |
| SCORPIO TANKERS INC | SHS | Y7542C130 |  | 746600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TEMPUS AI INC | CL A | 88023B103 |  | 1614354 | 35700 | SH |  | SOLE |  | 35700 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 |  | 1393938 | 96600 | SH |  | SOLE |  | 96600 | 0 | 0 |
| VROOM INC | COM NEW | 92918V307 |  | 5828928 | 437936 | SH |  | SOLE |  | 437936 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 2287961 | 112100 | SH | Put | SOLE |  | 112100 | 0 | 0 |
| DEFINIUM THERAPEUTICS INC | COM SHS | 24477V105 |  | 5564160 | 294400 | SH | Call | SOLE |  | 294400 | 0 | 0 |
| EYEPOINT INC | COM NEW | 30233G209 |  | 1289000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| GOSSAMER BIO INC | COM | 38341P102 |  | 164250 | 500000 | SH | Call | SOLE |  | 500000 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | CLASS A COM | 45569U101 |  | 322000 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 24793000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 38429150 | 155000 | SH | Put | SOLE |  | 155000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A789 |  | 5500000 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A789 |  | 5500000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| KARYOPHARM THERAPEUTICS INC | COM NEW | 48576U205 |  | 557000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 381200 | 40000 | SH | Put | SOLE |  | 40000 | 0 | 0 |
| LUCID GROUP INC | COM NEW | 549498202 |  | 4097900 | 430000 | SH | Put | SOLE |  | 430000 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 666500 | 50000 | SH | Call | SOLE |  | 50000 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 666500 | 50000 | SH | Call | SOLE |  | 50000 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 666500 | 50000 | SH | Call | SOLE |  | 50000 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 32518000 | 50000 | SH | Put | SOLE |  | 50000 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 65036000 | 100000 | SH | Put | SOLE |  | 100000 | 0 | 0 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 3328000 | 100000 | SH | Call | SOLE |  | 100000 | 0 | 0 |
| Alnylam Pharmaceuticals Inc | Note 0 09/15 | 02043QAC1 |  | 14143515 | 15161000 | PRN |  | SOLE |  | 15161000 | 0 | 0 |
| IAC FinanceCo 2 Inc. | Note 0.875% 06/15 | 44932FAA5 |  | 24419708 | 24603000 | PRN |  | SOLE |  | 24603000 | 0 | 0 |
| INDIE SEMICONDUCTOR INC | Note 3.500 12815 | 45569UAC5 |  | 34923421 | 36515000 | PRN |  | SOLE |  | 36515000 | 0 | 0 |
| Porch Group Inc | Note  6.750% 10/1 | 733245AC8 |  | 17269820 | 17213000 | PRN |  | SOLE |  | 17213000 | 0 | 0 |
| Qimonda AG | Note 6.750% 03/22 | 74732WAA7 |  | 3224000 | 12400000 | PRN |  | SOLE |  | 12400000 | 0 | 0 |
| ALPHATEC HLDGS INC | NOTE 0.750% 3/1 | 02081GAD4 |  | 14642602 | 14250000 | PRN |  | SOLE |  | 14250000 | 0 | 0 |

---