# EDGAR Filing Document

**Accession Number:** 0001687509
**File Stem:** 0001104659-25-112706
**Filing Date:** 2025-11
**Character Count:** 11182
**Document Hash:** 863a81a9cb06d32d54fa95859af3bf4a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-112706.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001104659-25-112706

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Rubric Capital Management LP
- **CENTRAL INDEX KEY:** 0001687509

**ORGANIZATION NAME:**
- **EIN:** 300934659
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17624
- **FILM NUMBER:** 251487976

**BUSINESS ADDRESS:**
- **STREET 1:** 155 EAST 44TH ST, SUITE 1630
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2124181881

**MAIL ADDRESS:**
- **STREET 1:** 155 EAST 44TH ST, SUITE 1630
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Rubric Capital Management LP<br>**Address:** 155 East 44th St Suite 1630<br>New York, NY 10017

**Form 13F File Number:** 028-17624

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:** Michael Nachmani<br>**Title:** Chief Operating Officer<br>**Phone:** 212-418-1881

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

/s/ Michael Nachmani  New York, NY  11-14-2025<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:** 72

**Form 13F Information Table Value Total:** $8862850126

      (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 |
| ACADIA HEALTHCARE COMPANY IN | COM | 00404A109 |  | 27236000 | 1100000 | SH |  | SOLE |  | 1100000 | 0 | 0 |
| ADEIA INC | COM | 00676P107 |  | 71974644 | 4284205 | SH |  | SOLE |  | 4284205 | 0 | 0 |
| ALIGHT INC | COM CL A | 01626W101 |  | 37159381 | 11398583 | SH |  | SOLE |  | 11398583 | 0 | 0 |
| AMNEAL PHARMACEUTICALS INC | COM STK CL A | 03168L105 |  | 123472759 | 12334941 | SH |  | SOLE |  | 12334941 | 0 | 0 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 |  | 31456722 | 343414 | SH |  | SOLE |  | 343414 | 0 | 0 |
| ARBUTUS BIOPHARMA CORP | COM | 03879J100 |  | 7152207 | 1575376 | SH |  | SOLE |  | 1575376 | 0 | 0 |
| ARCUTIS BIOTHERAPEUTICS INC | COM | 03969K108 |  | 202627264 | 10749457 | SH |  | SOLE |  | 10749457 | 0 | 0 |
| ARS PHARMACEUTICALS INC | COM | 82835W108 |  | 45225000 | 4500000 | SH |  | SOLE |  | 4500000 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 85954223 | 3774889 | SH |  | SOLE |  | 3774889 | 0 | 0 |
| BGC GROUP INC | CL A | 088929104 |  | 170280000 | 18000000 | SH |  | SOLE |  | 18000000 | 0 | 0 |
| BUNGE GLOBAL SA | COM SHS | H11356104 |  | 15303194 | 188347 | SH |  | SOLE |  | 188347 | 0 | 0 |
| CANNAE HLDGS INC | COM | 13765N107 |  | 24161675 | 1319589 | SH |  | SOLE |  | 1319589 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 74436939 | 1180789 | SH |  | SOLE |  | 1180789 | 0 | 0 |
| COLLEGIUM PHARMACEUTICAL INC | COM | 19459J104 |  | 98899165 | 2826498 | SH |  | SOLE |  | 2826498 | 0 | 0 |
| CORECIVIC INC | COM | 21871N101 |  | 39915426 | 1961446 | SH |  | SOLE |  | 1961446 | 0 | 0 |
| DAY ONE BIOPHARMACEUTICALS I | COM | 23954D109 |  | 23808351 | 3377071 | SH |  | SOLE |  | 3377071 | 0 | 0 |
| DELEK US HLDGS INC NEW | COM | 24665A103 |  | 86723979 | 2687449 | SH |  | SOLE |  | 2687449 | 0 | 0 |
| ECOVYST INC | COM | 27923Q109 |  | 91104000 | 10400000 | SH |  | SOLE |  | 10400000 | 0 | 0 |
| EDESA BIOTECH INC | COM NEW | 27966L306 |  | 1698125 | 687500 | SH |  | SOLE |  | 687500 | 0 | 0 |
| EMBECTA CORP | COMMON STOCK | 29082K105 |  | 14637940 | 1037416 | SH |  | SOLE |  | 1037416 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 |  | 83435000 | 2750000 | SH |  | SOLE |  | 2750000 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 117317000 | 10300000 | SH |  | SOLE |  | 10300000 | 0 | 0 |
| FLUOR CORP NEW | COM | 343412102 |  | 189315000 | 4500000 | SH |  | SOLE |  | 4500000 | 0 | 0 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 560741874 | 3360553 | SH |  | SOLE |  | 3360553 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 61201888 | 2986915 | SH |  | SOLE |  | 2986915 | 0 | 0 |
| GILDAN ACTIVEWEAR INC | COM | 375916103 |  | 4869766 | 84252 | SH |  | SOLE |  | 84252 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 370922501 | 9178978 | SH |  | SOLE |  | 9178978 | 0 | 0 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 36666917 | 29100728 | SH |  | SOLE |  | 29100728 | 0 | 0 |
| INDIVIOR PLC | ORD | G4766E116 |  | 27267470 | 1130961 | SH |  | SOLE |  | 1130961 | 0 | 0 |
| INTEGRA LIFESCIENCES HLDGS C | COM NEW | 457985208 |  | 109680874 | 7653934 | SH |  | SOLE |  | 7653934 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 483920000 | 2000000 | SH | Put | SOLE |  | 2000000 | 0 | 0 |
| KINIKSA PHARMACEUTICALS INTL | ORD SHS CL A | G52694109 |  | 155320000 | 4000000 | SH |  | SOLE |  | 4000000 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL A | G61188101 |  | 88819206 | 7750367 | SH |  | SOLE |  | 7750367 | 0 | 0 |
| LIBERTY GLOBAL LTD | COM CL C | G61188127 |  | 53328198 | 4538570 | SH |  | SOLE |  | 4538570 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 14450009 | 1743065 | SH |  | SOLE |  | 1743065 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 |  | 86568531 | 10256935 | SH |  | SOLE |  | 10256935 | 0 | 0 |
| MANNKIND CORP | COM NEW | 56400P706 |  | 61296783 | 11414671 | SH |  | SOLE |  | 11414671 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 45041419 | 3982442 | SH |  | SOLE |  | 3982442 | 0 | 0 |
| MEIRAGTX HLDGS PLC | COM | G59665102 |  | 30668692 | 3726451 | SH |  | SOLE |  | 3726451 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 174180849 | 2054504 | SH |  | SOLE |  | 2054504 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | SPON ADS | 589492107 |  | 31533135 | 15307347 | SH |  | SOLE |  | 15307347 | 0 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 11051796 | 85726 | SH |  | SOLE |  | 85726 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 |  | 54735262 | 24767087 | SH |  | SOLE |  | 24767087 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 |  | 68120000 | 13000000 | SH |  | SOLE |  | 13000000 | 0 | 0 |
| OPKO HEALTH INC | COM | 68375N103 |  | 74076427 | 47791243 | SH |  | SOLE |  | 47791243 | 0 | 0 |
| OPKO HEALTH INC | NOTE  3.750% 1/1 | 68375NAG8 |  | 1889558 | 1250000 | PRN |  | SOLE |  | 1250000 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 54485908 | 3721715 | SH |  | SOLE |  | 3721715 | 0 | 0 |
| PLAYSTUDIOS INC | CLASS A COM | 72815G108 |  | 2596502 | 2697384 | SH |  | SOLE |  | 2697384 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 15034040 | 1540373 | SH |  | SOLE |  | 1540373 | 0 | 0 |
| PROTO LABS INC | COM | 743713109 |  | 56200600 | 1123338 | SH |  | SOLE |  | 1123338 | 0 | 0 |
| QUIDELORTHO CORP | COM | 219798105 |  | 136581384 | 4637738 | SH |  | SOLE |  | 4637738 | 0 | 0 |
| RENEW ENERGY GLOBAL PLC | CL A SHS | G7500M104 |  | 111173070 | 14438061 | SH |  | SOLE |  | 14438061 | 0 | 0 |
| ROIVANT SCIENCES LTD | SHS | G76279101 |  | 302600000 | 20000000 | SH |  | SOLE |  | 20000000 | 0 | 0 |
| SCHRODINGER INC | COM | 80810D103 |  | 105692469 | 5268817 | SH |  | SOLE |  | 5268817 | 0 | 0 |
| SCPHARMACEUTICALS INC | COM | 810648105 |  | 28927694 | 5101886 | SH |  | SOLE |  | 5101886 | 0 | 0 |
| SEAPORT ENTMT GROUP INC | COMMON STOCK | 812215200 |  | 13030708 | 568530 | SH |  | SOLE |  | 568530 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 932652000 | 1400000 | SH | Put | SOLE |  | 1400000 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 87394686 | 7803097 | SH |  | SOLE |  | 7803097 | 0 | 0 |
| SUPERNUS PHARMACEUTICALS INC | COM | 868459108 |  | 28452541 | 595366 | SH |  | SOLE |  | 595366 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 1532291500 | 3602171 | SH |  | SOLE |  | 3602171 | 0 | 0 |
| TARGET HOSPITALITY CORP | COM | 87615L107 |  | 18566587 | 2189456 | SH |  | SOLE |  | 2189456 | 0 | 0 |
| TELEPHONE  DATA SYS INC | COM NEW | 879433829 |  | 62784000 | 1600000 | SH |  | SOLE |  | 1600000 | 0 | 0 |
| TELESAT CORP | CL A  CL B SHS | 879512309 |  | 22360197 | 843781 | SH |  | SOLE |  | 843781 | 0 | 0 |
| TETRA TECHNOLOGIES INC DEL | COM | 88162F105 |  | 26046252 | 4529783 | SH |  | SOLE |  | 4529783 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 497930000 | 24650000 | SH |  | SOLE |  | 24650000 | 0 | 0 |
| THERAPEUTICSMD INC | COM NEW | 88338N206 |  | 1281605 | 1192191 | SH |  | SOLE |  | 1192191 | 0 | 0 |
| TRANSALTA CORP | COM | 89346D107 |  | 218015325 | 15948451 | SH |  | SOLE |  | 15948451 | 0 | 0 |
| TREEHOUSE FOODS INC | COM | 89469A104 |  | 1422218 | 70372 | SH |  | SOLE |  | 70372 | 0 | 0 |
| TREVI THERAPEUTICS INC | COM | 89532M101 |  | 78066519 | 8531860 | SH |  | SOLE |  | 8531860 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 152311500 | 15385000 | SH |  | SOLE |  | 15385000 | 0 | 0 |
| XPERI INC | COMMON STOCK | 98423J101 |  | 26851461 | 4143744 | SH |  | SOLE |  | 4143744 | 0 | 0 |
| ZYMEWORKS INC | COM | 98985Y108 |  | 80456211 | 4710551 | SH |  | SOLE |  | 4710551 | 0 | 0 |

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