# EDGAR Filing Document

**Accession Number:** 0001426486
**File Stem:** 0001426486-23-000003
**Filing Date:** 2023-2
**Character Count:** 13285
**Document Hash:** 3cc65aee631a24c814bd5bd9bbd07d6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001426486-23-000003.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001426486-23-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bracebridge Capital, LLC
- **CENTRAL INDEX KEY:** 0001426486
- **IRS NUMBER:** 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:** 23608840

**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:** 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:** 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 and Chief Operating Officer<br>**Phone:** 617-497-3545

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

John N. Spinney Jr.  Boston, MA  02-10-2023<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:** 84

**Form 13F Information Table Value Total:** $1070890279

      (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 |
| 7 ACQUISITION CORPORATION | UNIT 11/05/2026 | G80694121 |  | 1029000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| AFRICAN GOLD ACQUISITION COR | UNIT 99/99/9999 | G0112R116 |  | 1504500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| ALLEGO N V | W EXP 03/16/202 | N0796A118 |  | 2500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ALVOTECH | ORDINARY SHARES | L01800108 |  | 65950650 | 6595065 | SH |  | SOLE |  | 6595065 | 0 | 0 |
| AMBAC FINL GROUP INC | COM NEW | 023139884 |  | 13938641 | 799234 | SH |  | SOLE |  | 799234 | 0 | 0 |
| AMC ENTMT HLDGS INC | PUT | 00165C954 |  | 4070000 | 10000 | SH | Put | SOLE |  | 10000 | 0 | 0 |
| ANZU SPECIAL ACQUISITIN CORP | UNIT 01/27/2026 | 03737A200 |  | 7872565 | 786470 | SH |  | SOLE |  | 786470 | 0 | 0 |
| AQUESTIVE THERAPEUTICS INC | COM | 03843E104 |  | 386614 | 428571 | SH |  | SOLE |  | 428571 | 0 | 0 |
| ARROWROOT ACQUISITION CORP | UNIT 01/29/2026 | 04282M201 |  | 5736291 | 573056 | SH |  | SOLE |  | 573056 | 0 | 0 |
| ASCENDANT DIGITAL ACQ CORP I | UNIT 99/99/9999 | G05157121 |  | 1545000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| AVIS BUDGET GROUP | PUT | 053774955 |  | 819650 | 50 | SH | Put | SOLE |  | 50 | 0 | 0 |
| BANYAN ACQUISITION CORPORATI | UNIT 09/30/2028 | 06690B206 |  | 499050 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| BEARD ENERGY TRANSITION ACQ | UNIT 99/99/9999 | 07402Q200 |  | 1275000 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| BELONG ACQUISITION CORP | UNIT 03/23/2026 | 08069M201 |  | 3078000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| BIOPLUS ACQUISITION CORP | UNIT 12/02/2026 | G11217109 |  | 510000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BIOTE CORP | W EXP 05/26/202 | 090683111 |  | 23265 | 77549 | SH |  | SOLE |  | 77549 | 0 | 0 |
| BLACK SPADE ACQUISITION CO | UNIT 99/99/9999 | G11537126 |  | 4008000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| BULLPEN PARLAY ACQUISITION C | UNIT 12/03/2026 | G1792A126 |  | 1592250 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| BYTE ACQUISITION CORP | UNIT 03/18/2029 | G1R25Q121 |  | 6002042 | 596032 | SH |  | SOLE |  | 596032 | 0 | 0 |
| CARTESIAN GROWTH CORP | CL A SHS | G19276107 |  | 5455000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| CARTESIAN GROWTH CORP | W EXP 02/26/202 | G19276115 |  | 85249 | 166665 | SH |  | SOLE |  | 166665 | 0 | 0 |
| CHURCHILL CAPITAL CORP VI | UNIT 99/99/9999 | 17143W200 |  | 249753 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| CHURCHILL CAPITAL CORP VII | UNIT 99/99/9999 | 17144M201 |  | 996010 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CLEAN EARTH ACQUISITIONS COR | CLASS A COM | 184493104 |  | 6060000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| CLEAN EARTH ACQUISITIONS COR | W EXP 99/99/999 | 184493112 |  | 24000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| CLEAN EARTH ACQUISITIONS COR | RIGHT 01/01/2027 | 184493120 |  | 69000 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 794247 | 756426 | SH |  | SOLE |  | 756426 | 0 | 0 |
| COLONNADE ACQUISITION CORP I | UNIT 99/99/9999 | G2284B127 |  | 2006000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| COMPUTE HEALTH ACQUISITIN CO | UNIT 99/99/9999 | 204833206 |  | 1009000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| CONCORD ACQUISITION CORP III | UNIT 99/99/9999 | 20607V205 |  | 1528500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| CRESCERA CAP ACQUISITION COR | UNIT 11/18/2026 | G26507122 |  | 1022000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| DHC ACQUISITION CORP | UNIT 02/25/2026 | G2758T125 |  | 5075000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| DIRECT SELLING ACQUISITIN CO | UNIT 99/99/9999 | 25460L202 |  | 153750 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| EDIFY ACQUISITION CORP | UNIT 11/25/2025 | 28059Q202 |  | 5035000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| EMERGING MARKETS HORIZON COR | UNIT 99/99/9999 | G3033X113 |  | 664658 | 65000 | SH |  | SOLE |  | 65000 | 0 | 0 |
| ESM ACQUISITION CORPORATION | UNIT 99/99/9999 | G3195H120 |  | 2020000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| EVEREST CONSOLIDATOR ACQ COR | UNIT 99/99/9999 | 29978K201 |  | 357350 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| FINTECH EVOLUTION ACQUIS GRO | UNIT 99/99/9999 | G3R19A112 |  | 1762250 | 175000 | SH |  | SOLE |  | 175000 | 0 | 0 |
| FRONTIER ACQUISITION CORP | UNIT 03/01/2026 | G36826116 |  | 1008010 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| FTAC ZEUS ACQUISITION COR | CLASS A COM | 30320F106 |  | 1007000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| FTAC ZEUS ACQUISITION COR | W EXP 04/15/202 | 30320F114 |  | 1000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| FUSION ACQUISITION CORP II | UNIT 02/29/2028 | 36118N201 |  | 1003000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| HEALTHCARE AI ACQUISITION CO | UNIT 12/07/2026 | G4373K125 |  | 2491128 | 242800 | SH |  | SOLE |  | 242800 | 0 | 0 |
| HEALTHWELL ACQUISITION CORP | UNIT 08/05/2028 | 42227R208 |  | 4985000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| HH ACQUISITION CO | UNIT 99/99/9999 | G39714111 |  | 857435 | 85063 | SH |  | SOLE |  | 85063 | 0 | 0 |
| INFINT ACQUISITION CORP | UNIT 99/99/9999 | G47862118 |  | 3241500 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| INTELLIGENT MEDI ACQSITN COR | UNIT 11/05/2026 | 45828D205 |  | 256250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ISHARES TR | CALL | 464288903 |  | 147260000 | 20000 | SH | Call | SOLE |  | 20000 | 0 | 0 |
| ISHARES TR | PUT | 464288953 |  | 655307000 | 89000 | SH | Put | SOLE |  | 89000 | 0 | 0 |
| JUNIPER II CORP | UNIT 99/99/9999 | 48203N202 |  | 1530000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| KERNEL GROUP HOLDINGS INC | UNIT 99/99/9999 | G5259L111 |  | 5442812 | 541035 | SH |  | SOLE |  | 541035 | 0 | 0 |
| KIMBELL TIGER ACQUISITION CO | UNIT 09/15/2028 | 49436K205 |  | 2058000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| LF CAPITAL ACQUISITION CORP | UNIT 05/15/2028 | 50202D201 |  | 255000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | DEB | 530715AG6 |  | 15979500 | 47700000 | PRN |  | SOLE |  | 0 | 0 | 0 |
| M3 BRIGADE ACQUISITION II CO | COM CL A | 553800103 |  | 3206150 | 319975 | SH |  | SOLE |  | 319975 | 0 | 0 |
| M3 BRIGADE ACQUISITION II CO | W EXP 03/09/202 | 553800111 |  | 5802 | 106657 | SH |  | SOLE |  | 106657 | 0 | 0 |
| MALLINCKRODT PLC | ORD SHS | G5890A102 |  | 15757742 | 2033257 | SH |  | SOLE |  | 2033257 | 0 | 0 |
| MARLIN TECHNOLOGY CORP | UNIT 99/99/9999 | G58411128 |  | 6054240 | 600000 | SH |  | SOLE |  | 600000 | 0 | 0 |
| MEDTECH ACQUISITION CORP | W EXP 12/22/202 | 58507N113 |  | 7414 | 98857 | SH |  | SOLE |  | 98857 | 0 | 0 |
| NABORS ENERGY TRANSITION COR | UNIT 99/99/9999 | 629567207 |  | 1540500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| NEW VISTA ACQUISITION CORP | UNIT 02/01/2026 | G6529L113 |  | 2734983 | 270946 | SH |  | SOLE |  | 270946 | 0 | 0 |
| NORTHERN STAR INVEST CORP II | UNIT 02/25/2028 | 66574L209 |  | 3106200 | 310000 | SH |  | SOLE |  | 310000 | 0 | 0 |
| NORTHERN STAR INVEST CORP IV | UNIT 02/25/2028 | 66575B200 |  | 3112400 | 310000 | SH |  | SOLE |  | 310000 | 0 | 0 |
| PERIDOT ACQUISITION CORP II | UNIT 99/99/9999 | G7008B113 |  | 2020000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| PONTEM CORPORATION | SHS CL A | G71707106 |  | 5666251 | 560460 | SH |  | SOLE |  | 560460 | 0 | 0 |
| PONTEM CORPORATION | W EXP 01/05/202 | G71707122 |  | 14946 | 186819 | SH |  | SOLE |  | 186819 | 0 | 0 |
| POWER  DIGITAL INFRASTRUCTU | UNIT 12/09/2026 | 73919C209 |  | 1007000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| PYROPHYTE ACQUISITION CORP | UNIT 99/99/9999 | G7308P119 |  | 505500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| RCF ACQUISITION CORP | UNIT 99/99/9999 | G7330C128 |  | 1537500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| RIGEL RESOURCE ACQ CORP | UNIT 99/99/9999 | G7573M122 |  | 516000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SCULPTOR ACQUISITION CORP I | UNIT 99/99/9999 | G7T983129 |  | 1028000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SDCL EDGE ACQUISITION CORP | UNIT 99/99/9999 | G79471119 |  | 4276142 | 423800 | SH |  | SOLE |  | 423800 | 0 | 0 |
| SEMANTIX INC | W EXP 08/03/202 | G6332A114 |  | 1988 | 66500 | SH |  | SOLE |  | 66500 | 0 | 0 |
| SEMPER PARATUS ACQUISITION C | UNIT 11/04/2026 | G8028L123 |  | 258250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SHOULDERUP TECHNOLOGY ACQUIS | UNIT 99/99/9999 | 82537G203 |  | 1263750 | 125000 | SH |  | SOLE |  | 125000 | 0 | 0 |
| SILVER SPIKE ACQUISITN CORP | UNIT 02/26/2026 | G8201H121 |  | 1008000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SIZZLE ACQUISITION CORP | COMMON STOCK | 83014E109 |  | 255500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SIZZLE ACQUISITION CORP | W EXP 11/02/202 | 83014E117 |  | 4976 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| SLAM CORP | UNIT 99/99/9999 | G8210L113 |  | 1515000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| SPRING VALLEY ACQUISTN CORP | UNIT 10/12/2027 | G83752124 |  | 519000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| SPRINGBIG HOLDINGS INC | W EXP 06/14/202 | 85021Q116 |  | 3412 | 161700 | SH |  | SOLE |  | 161700 | 0 | 0 |
| SUMMIT HEALTHCRE ACQUISTN CO | UNIT 06/03/2026 | G8566R128 |  | 4702218 | 464646 | SH |  | SOLE |  | 464646 | 0 | 0 |
| TIO TECH A | UNIT 04/12/2028 | G8T10C122 |  | 8089245 | 804900 | SH |  | SOLE |  | 804900 | 0 | 0 |
| TWIN RIDGE CAPITAL ACQUIS CO | UNIT 99/99/9999 | G9151L112 |  | 4279750 | 425000 | SH |  | SOLE |  | 425000 | 0 | 0 |

---