# EDGAR Filing Document

**Accession Number:** 0001512716
**File Stem:** 0001493152-23-004429
**Filing Date:** 2023-2
**Character Count:** 8202
**Document Hash:** dbc91e8f22130ea1f1f041735c944cdb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-004429.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001493152-23-004429

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DG Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001512716
- **IRS NUMBER:** 208404862
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16742
- **FILM NUMBER:** 23616538

**BUSINESS ADDRESS:**
- **STREET 1:** 460 PARK AVENUE
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 646-942-5700

**MAIL ADDRESS:**
- **STREET 1:** 460 PARK AVENUE
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DG Capital Management LLC<br>**Address:** 460 Park Avenue<br>22nd Floor<br>New York, NY 10022

**Form 13F File Number:** 028-16742

**CRD Number (if applicable):** 000157258

**SEC File Number (if applicable):** 801-72420

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:** Eric Evanter<br>**Title:** Chief Compliance Officer<br>**Phone:** 646-942-5700

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

/s/ Eric Evanter  New York, NY  02-13-2023<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:** 41

**Form 13F Information Table Value Total:** $173263038

      (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 |
| AGILE GROWTH CORP | *W EXP 03/09/202 | G01202111 |  | 1347 | 48634 | SH |  | SOLE |  | 48634 | 0 | 0 |
| AMARIN CORP PLC -ADR | SPONS ADR NEW | 023111206 |  | 7029437 | 5809452 | SH |  | SOLE |  | 5809452 | 0 | 0 |
| ARES ACQUISITION CORPORATION | *W EXP 02/02/202 | G33032122 |  | 17982 | 38562 | SH |  | SOLE |  | 38562 | 0 | 0 |
| ARROWROOT ACQUISITION CORP | *W EXP 03/02/202 | 04282M110 |  | 124 | 13238 | SH |  | SOLE |  | 13238 | 0 | 0 |
| ARYA SCIENCES ACQUISITN CORP | CLASS A ORD SHS | G31658100 |  | 539040 | 53958 | SH |  | SOLE |  | 53958 | 0 | 0 |
| AWARE INC MASS | COM | 05453N100 |  | 1511512 | 883925 | SH |  | SOLE |  | 883925 | 0 | 0 |
| BURFORD CAP LTD | ORD SHS | G17977110 |  | 7815402 | 958945 | SH |  | SOLE |  | 958945 | 0 | 0 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 12989434 | 312246 | SH |  | SOLE |  | 312246 | 0 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 72593 | 16804 | SH |  | SOLE |  | 16804 | 0 | 0 |
| CORNER GROWTH ACQUISITION CO | *W EXP 99/99/999 | G2425N113 |  | 1167 | 38762 | SH |  | SOLE |  | 38762 | 0 | 0 |
| DINE BRANDS GLOBAL INC | COM | 254423106 |  | 3450544 | 53414 | SH |  | SOLE |  | 53414 | 0 | 0 |
| E2OPEN PARENT HOLDINGS INC | COM CL A | 29788T103 |  | 5030138 | 856923 | SH |  | SOLE |  | 856923 | 0 | 0 |
| ECARX HOLDINGS INC | *W EXP 12/20/202 | G29201111 |  | 4524 | 46113 | SH |  | SOLE |  | 46113 | 0 | 0 |
| ELLIOTT OPPORTUNITY II CORP | *W EXP 03/02/202 | G30092111 |  | 2858 | 36085 | SH |  | SOLE |  | 36085 | 0 | 0 |
| EPIPHANY TECHNOLOGY ACQUISIT | *W EXP 01/12/202 | 29429X117 |  | 75 | 32508 | SH |  | SOLE |  | 32508 | 0 | 0 |
| ESM ACQUISITION CORPORATION | *W EXP 02/02/202 | G3195H112 |  | 3139 | 26987 | SH |  | SOLE |  | 26987 | 0 | 0 |
| EVERI HLDGS INC | COM | 30034T103 |  | 21988362 | 1532290 | SH |  | SOLE |  | 1532290 | 0 | 0 |
| FENNEC PHARMACEUTICALS INC | COM | 31447P100 |  | 9810739 | 1021952 | SH |  | SOLE |  | 1021952 | 0 | 0 |
| FIFTH WALL ACQUISITN CORP II | CLASS A ORD SHS | G34142102 |  | 1212161 | 120613 | SH |  | SOLE |  | 120613 | 0 | 0 |
| FORUM MERGER IV CORP | *W EXP 03/15/202 | 349875112 |  | 268 | 26535 | SH |  | SOLE |  | 26535 | 0 | 0 |
| FRONTIER ACQUISITION CORP | *W EXP 03/15/202 | G36826124 |  | 261 | 22523 | SH |  | SOLE |  | 22523 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | COM NEW | 42806J700 |  | 15969572 | 1037659 | SH |  | SOLE |  | 1037659 | 0 | 0 |
| HOVNANIAN ENTERPRISES INC | CL A NEW | 442487401 |  | 9112382 | 216549 | SH |  | SOLE |  | 216549 | 0 | 0 |
| INSPIRED ENTMT INC | COM | 45782N108 |  | 12255640 | 967296 | SH |  | SOLE |  | 967296 | 0 | 0 |
| INVACARE CORP | NOTE  5.000%11/1 | 461203AL5 |  | 20296085 | 29203000 | PRN |  | SOLE |  | 29203000 | 0 | 0 |
| JAWS MUSTANG ACQUISITION COR | *W EXP 01/30/202 | G50737124 |  | 857 | 13189 | SH |  | SOLE |  | 13189 | 0 | 0 |
| L CATTERTON ASIA ACQUISITION | *W EXP 03/08/202 | G5346G117 |  | 579 | 13061 | SH |  | SOLE |  | 13061 | 0 | 0 |
| LAZARD GROWTH ACQUISITION CO | *W EXP 02/10/202 | G54035111 |  | 166 | 23730 | SH |  | SOLE |  | 23730 | 0 | 0 |
| MARLIN TECHNOLOGY CORP | *W EXP 01/12/202 | G58411110 |  | 175 | 109430 | SH |  | SOLE |  | 109430 | 0 | 0 |
| NOBLE ROCK ACQUISITION CORP | *W EXP 01/31/202 | G6546R119 |  | 4646 | 92734 | SH |  | SOLE |  | 92734 | 0 | 0 |
| ORION BIOTECH OPPORTUNTES CO | CLASS A ORD SHS | G6780C109 |  | 971859 | 96319 | SH |  | SOLE |  | 96319 | 0 | 0 |
| ORION BIOTECH OPPORTUNTES CO | *W EXP 04/15/202 | G6780C117 |  | 4227 | 25870 | SH |  | SOLE |  | 25870 | 0 | 0 |
| PERIDOT ACQUISITION CORP II | *W EXP 04/30/202 | G7008B121 |  | 859 | 18391 | SH |  | SOLE |  | 18391 | 0 | 0 |
| PONTEM CORPORATION | *W EXP 01/05/202 | G71707122 |  | 1150 | 14376 | SH |  | SOLE |  | 14376 | 0 | 0 |
| SILVER SPIKE ACQUISITN CORP | *W EXP 02/26/202 | G8201H113 |  | 541 | 18158 | SH |  | SOLE |  | 18158 | 0 | 0 |
| SUMMIT MATLS INC | CL A | 86614U100 |  | 10465604 | 368637 | SH |  | SOLE |  | 368637 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 16814547 | 344631 | SH |  | SOLE |  | 344631 | 0 | 0 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 9758000 | 200000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| TURNING PT BRANDS INC | NOTE  2.500% 7/1 | 90041LAE5 |  | 4400200 | 4937000 | PRN |  | SOLE |  | 4937000 | 0 | 0 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 562034 | 25984 | SH |  | SOLE |  | 25984 | 0 | 0 |
| VEON LTD | SPONSORED ADR | 91822M106 |  | 1162808 | 2373077 | SH |  | SOLE |  | 2373077 | 0 | 0 |

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