# EDGAR Filing Document

**Accession Number:** 0001426486
**File Stem:** 0001426486-25-000006
**Filing Date:** 2025-8
**Character Count:** 8450
**Document Hash:** 08e72732bfbe031f6efe91ce38c3c05c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001426486-25-000006.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001426486-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bracebridge Capital, LLC
- **CENTRAL INDEX KEY:** 0001426486

**ORGANIZATION NAME:**
- **EIN:** 043344637
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12949
- **FILM NUMBER:** 251215027

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** SUITE 1500
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-497-3500

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** SUITE 1500
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Bracebridge Capital LLC<br>**Address:** 888 BOYLSTON STREET<br>SUITE 1500<br>BOSTON, MA 02199

**Form 13F File Number:** 028-12949

**CRD Number (if applicable):** 000158343

**SEC File Number (if applicable):** 801-73416

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:** John N. Spinney Jr.<br>**Title:** Chief Financial Officer and Chief Operating Officer<br>**Phone:** 617-497-3545

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

John N. Spinney Jr.  Boston, MA  08-14-2025<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:** 45

**Form 13F Information Table Value Total:** $1867437060

      (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 |
| AA MISSION ACQUISITION CORP | ORD SHS CL A | G1000R101 |  | 6252000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| AA MISSION ACQUISITION CORP | W EXP 08/01/203 | G1000R127 |  | 29520 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| ADT INC DEL | COM | 00090Q103 |  | 18007220 | 2126000 | SH |  | SOLE |  | 2126000 | 0 | 0 |
| AIRJOULE TECHNOLOGIES CORP | W EXP 03/15/202 | 612160119 |  | 32450 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| ALGOMA STL GROUP INC | COM | 015658107 |  | 6372775 | 924931 | SH |  | SOLE |  | 924931 | 0 | 0 |
| ALLURION TECHNOLOGIES INC | W EXP 08/01/203 | 02008G110 |  | 481 | 15311 | SH |  | SOLE |  | 15311 | 0 | 0 |
| ALTICE USA INC | CL A | 02156K103 |  | 20011654 | 9351240 | SH |  | SOLE |  | 9351240 | 0 | 0 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 24672372 | 2705304 | SH |  | SOLE |  | 2705304 | 0 | 0 |
| AMAZON COM INC | CALL | 023135906 |  | 65808000 | 3000 | SH | Call | SOLE |  | 3000 | 0 | 0 |
| AMBAC FINL GROUP INC | COM NEW | 023139884 |  | 4112561 | 579234 | SH |  | SOLE |  | 579234 | 0 | 0 |
| AQUESTIVE THERAPEUTICS INC | COM | 03843E104 |  | 1520005 | 459216 | SH |  | SOLE |  | 459216 | 0 | 0 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 4171475 | 216700 | SH |  | SOLE |  | 216700 | 0 | 0 |
| BRAND ENGAGEMENT NETWORK INC | W EXP 03/14/202 | 104932116 |  | 5017 | 166666 | SH |  | SOLE |  | 166666 | 0 | 0 |
| CARBON REVOLUTION LTD | W EXP 99/99/999 | G1893D110 |  | 2493 | 141666 | SH |  | SOLE |  | 141666 | 0 | 0 |
| CID HOLDCO INC | W EXP 12/31/202 | 171756117 |  | 4938 | 62500 | SH |  | SOLE |  | 62500 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 885018 | 756426 | SH |  | SOLE |  | 756426 | 0 | 0 |
| COINBASE GLOBAL INC | CALL | 19260Q907 |  | 145453350 | 4150 | SH | Call | SOLE |  | 4150 | 0 | 0 |
| COINBASE GLOBAL INC | PUT | 19260Q957 |  | 22781850 | 650 | SH | Put | SOLE |  | 650 | 0 | 0 |
| CRITICAL METALS CORP | W EXP 02/27/202 | G2662B111 |  | 5703 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| ENVOY MEDICAL INC | W EXP 09/29/202 | 29415V117 |  | 9254 | 262156 | SH |  | SOLE |  | 262156 | 0 | 0 |
| GCT SEMICONDUCTOR HLDG INC | W EXP 03/01/202 | 36170N115 |  | 7268 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| GEN DIGITAL INC | RIGHT 99/99/9999 | 668771116 |  | 1689814 | 210700 | SH |  | SOLE |  | 210700 | 0 | 0 |
| GENERATION ESSENTIALS GROUP | W EXP 02/15/202 | G38268119 |  | 130000 | 325000 | SH |  | SOLE |  | 325000 | 0 | 0 |
| GENWORTH FINL INC | COM SHS | 37247D106 |  | 15320376 | 1969200 | SH |  | SOLE |  | 1969200 | 0 | 0 |
| INVESCO QQQ TR | CALL | 46090E903 |  | 450965700 | 8175 | SH | Call | SOLE |  | 8175 | 0 | 0 |
| INVESCO QQQ TR | PUT | 46090E953 |  | 285473700 | 5175 | SH | Put | SOLE |  | 5175 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 45387111 | 210330 | SH |  | SOLE |  | 210330 | 0 | 0 |
| ISHARES TR | CALL | 464287905 |  | 256034835 | 11865 | SH | Call | SOLE |  | 11865 | 0 | 0 |
| ISHARES TR | PUT | 464287955 |  | 256034835 | 11865 | SH | Put | SOLE |  | 11865 | 0 | 0 |
| ISHARES TR | PUT | 464288953 |  | 40325000 | 5000 | SH | Put | SOLE |  | 5000 | 0 | 0 |
| LAKESHORE BIOPHARMA CO LTD | W EXP 03/15/202 | G9845F117 |  | 9270 | 232323 | SH |  | SOLE |  | 232323 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | DEB | 530715AG6 |  | 4774155 | 47700000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 13966316 | 88400 | SH |  | SOLE |  | 88400 | 0 | 0 |
| NVIDIA CORPORATION | CALL | 67066G904 |  | 41077400 | 2600 | SH | Call | SOLE |  | 2600 | 0 | 0 |
| NVIDIA CORPORATION | PUT | 67066G954 |  | 41077400 | 2600 | SH | Put | SOLE |  | 2600 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | W EXP 02/25/202 | G83752116 |  | 3500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | RIGHT 02/25/2026 | G83752132 |  | 7000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | CALL | 86800U902 |  | 11801691 | 2409 | SH | Call | SOLE |  | 2409 | 0 | 0 |
| SUPER MICRO COMPUTER INC | PUT | 86800U952 |  | 11801691 | 2409 | SH | Put | SOLE |  | 2409 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 4828432 | 15200 | SH |  | SOLE |  | 15200 | 0 | 0 |
| TESLA INC | CALL | 88160R901 |  | 25412800 | 800 | SH | Call | SOLE |  | 800 | 0 | 0 |
| TESLA INC | PUT | 88160R951 |  | 25412800 | 800 | SH | Put | SOLE |  | 800 | 0 | 0 |
| TEVOGEN BIO HLDGS INC | W EXP 02/14/202 | 88165K119 |  | 874 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| TPG RE FIN TR INC | COM | 87266M107 |  | 1783320 | 231000 | SH |  | SOLE |  | 231000 | 0 | 0 |
| UNITI GROUP INC | COM | 91325V108 |  | 13973636 | 3234638 | SH |  | SOLE |  | 3234638 | 0 | 0 |

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