# EDGAR Filing Document

**Accession Number:** 0001714672
**File Stem:** 0001714672-25-000003
**Filing Date:** 2025-8
**Character Count:** 7747
**Document Hash:** 578a28571d795d654d6b0c1793e29112
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001714672-25-000003.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001714672-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**EFFECTIVENESS DATE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fore Capital, LLC
- **CENTRAL INDEX KEY:** 0001714672

**ORGANIZATION NAME:**
- **EIN:** 821226121
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18644
- **FILM NUMBER:** 251200810

**BUSINESS ADDRESS:**
- **STREET 1:** 589 FIFTH AVENUE
- **STREET 2:** SUITE 808
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129843850

**MAIL ADDRESS:**
- **STREET 1:** 589 FIFTH AVENUE
- **STREET 2:** SUITE 808
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

### 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:** Fore Capital LLC<br>**Address:** 589 Fifth Avenue<br>Suite 808<br>New York, NY 10017

**Form 13F File Number:** 028-18644

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:** Ushane Sharma<br>**Title:** Authorized Signatory<br>**Phone:** 212-984-9850

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

Ushane Sharma  New York, NY  8-5-2025<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:** 38

**Form 13F Information Table Value Total:** $280678782

      (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 |
| BILL HOLDINGS INC | NOTE         4/0 | 090043AD2 |  | 687131 | 752000 | PRN |  | SOLE | N/A | 752000 | 0 | 0 |
| CHIME FINL INC | COM SHS CL A | 16935C109 |  | 379610 | 11000 | SH |  | SOLE | N/A | 11000 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 479700 | 410000 | SH |  | SOLE | N/A | 410000 | 0 | 0 |
| COMPASS PATHWAYS PLC | SPONSORED ADS | 20451W101 |  | 56000 | 20000 | SH |  | SOLE | N/A | 20000 | 0 | 0 |
| CYBIN INC | COM NEW | 23256X407 |  | 263622 | 31421 | SH |  | SOLE | N/A | 31421 | 0 | 0 |
| ETSY INC | NOTE  0.250% 6/1 | 29786AAN6 |  | 6025250 | 7000000 | PRN |  | SOLE | N/A | 7000000 | 0 | 0 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 432565 | 3500 | SH |  | SOLE | N/A | 3500 | 0 | 0 |
| GRAFTECH INTL LTD | COM | 384313508 |  | 447396 | 460000 | SH |  | SOLE | N/A | 460000 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 |  | 271200 | 30000 | SH |  | SOLE | N/A | 30000 | 0 | 0 |
| GUARDANT HEALTH INC | NOTE        11/1 | 40131MAB5 |  | 2728166 | 3000000 | PRN |  | SOLE | N/A | 3000000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 17750900 | 290000 | SH | Call | SOLE | N/A | 290000 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 12970880 | 208000 | SH |  | SOLE | N/A | 208000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 1009750 | 35000 | SH |  | SOLE | N/A | 35000 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 2019500 | 70000 | SH | Call | SOLE | N/A | 70000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 85141950 | 2595000 | SH | Call | SOLE | N/A | 2595000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 8065000 | 100000 | SH | Put | SOLE | N/A | 100000 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 2403100 | 70000 | SH |  | SOLE | N/A | 70000 | 0 | 0 |
| LITHIUM ARGENTINA AG | NOTE  1.750% 1/1 | 53680QAA6 |  | 3317020 | 4060000 | PRN |  | SOLE | N/A | 4060000 | 0 | 0 |
| MIND MEDICINE MINDMED INC | COM NEW | 60255C885 |  | 227150 | 35000 | SH |  | SOLE | N/A | 35000 | 0 | 0 |
| MIND MEDICINE MINDMED INC | COM NEW | 60255C885 |  | 356950 | 55000 | SH | Call | SOLE | N/A | 55000 | 0 | 0 |
| NOVAGOLD RES INC | COM NEW | 66987E206 |  | 858900 | 210000 | SH |  | SOLE | N/A | 210000 | 0 | 0 |
| OIL STS INTL INC | NOTE  4.750% 4/0 | 678026AK1 |  | 2991000 | 3000000 | PRN |  | SOLE | N/A | 3000000 | 0 | 0 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 2036800 | 95000 | SH | Call | SOLE | N/A | 95000 | 0 | 0 |
| OSISKO DEVELOPMENT CORP | *W EXP 05/27/202 | 68828E239 |  | 8400 | 15000 | SH |  | SOLE | N/A | 15000 | 0 | 0 |
| OSISKO DEVELOPMENT CORP | COM NEW | 68828E809 |  | 32100 | 15000 | SH |  | SOLE | N/A | 15000 | 0 | 0 |
| PAMPA ENERGIA S A | SPONS ADR LVL I | 697660207 |  | 208140 | 3000 | SH |  | SOLE | N/A | 3000 | 0 | 0 |
| PERPETUA RESOURCES CORP | COM | 714266103 |  | 509880 | 42000 | SH |  | SOLE | N/A | 42000 | 0 | 0 |
| PERRIGO CO PLC | SHS | G97822103 |  | 1108880 | 41500 | SH |  | SOLE | N/A | 41500 | 0 | 0 |
| PRECIGEN INC | COM | 74017N105 |  | 485372 | 341811 | SH |  | SOLE | N/A | 341811 | 0 | 0 |
| QIFU TECHNOLOGY INC | AMERICAN DEP | 88557W101 |  | 303520 | 7000 | SH |  | SOLE | N/A | 7000 | 0 | 0 |
| RAPID7 INC | NOTE  1.250% 3/1 | 753422AH7 |  | 2662500 | 3000000 | PRN |  | SOLE | N/A | 3000000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 45724500 | 150000 | SH | Put | SOLE | N/A | 150000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 61785000 | 100000 | SH | Put | SOLE | N/A | 100000 | 0 | 0 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 3311000 | 110000 | SH |  | SOLE | N/A | 110000 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 7548700 | 145000 | SH | Put | SOLE | N/A | 145000 | 0 | 0 |
| VIZSLA SILVER CORP | COM NEW | 92859G608 |  | 514500 | 175000 | SH |  | SOLE | N/A | 175000 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 573000 | 50000 | SH |  | SOLE | N/A | 50000 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | NOTE  1.500% 9/0 | 98980AAB1 |  | 4983750 | 5000000 | PRN |  | SOLE | N/A | 5000000 | 0 | 0 |

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