Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 14, 2024

Total Value ($000): $54,854 (100.0% shares, 0.0% debt)

Holdings (27)

IWM ISHARES TR 30.5%

Value ($000) $16,738 Shares 82,500 Est. Cost — Unrealized —

ARDX ARDELYX INC 11.6%

Value ($000) $6,348 Shares 856,667 Est. Cost $1.61 Unrealized +336.0%

INSM INSMED INC 8.6%

Value ($000) $4,712 Shares 70,335 Est. Cost $21.50 Unrealized +80.4%

XBI SPDR SER TR 8.5%

Value ($000) $4,636 Shares 50,000 Est. Cost — Unrealized —

MIST MILESTONE PHARMACEUTICALS IN 5.6%

Value ($000) $3,089 Shares 2,340,207 Est. Cost $3.14 Unrealized -48.8%

GERN GERON CORP 4.9%

Value ($000) $2,671 Shares 630,000 Est. Cost $2.31 Unrealized +68.6%

— MARINUS PHARMACEUTICALS INC 4.5%

Value ($000) $2,474 Shares 2,114,827 Est. Cost $11.62 Unrealized —

KNSA KINIKSA PHARMACEUTICALS INTL 3.6%

Value ($000) $1,955 Shares 104,691 Est. Cost $18.73 Unrealized 0.0%

MIRM MIRUM PHARMACEUTICALS INC 2.8%

Value ($000) $1,539 Shares 45,000 Est. Cost — Unrealized —

SNDX SYNDAX PHARMACEUTICALS INC 2.4%

Value ($000) $1,334 Shares 65,000 Est. Cost $21.52 Unrealized -2.7%

BBIO BRIDGEBIO PHARMA INC 2.3%

Value ($000) $1,241 Shares 49,000 Est. Cost $27.34 Unrealized 0.0%

— AVADEL PHARMACEUTICALS PLC 2.1%

Value ($000) $1,160 Shares 82,500 Est. Cost $14.06 Unrealized —

NBIX NEUROCRINE BIOSCIENCES INC 2.1%

Value ($000) $1,150 Shares 8,350 Est. Cost $136.63 Unrealized +0.4%

FENC FENNEC PHARMACEUTICALS INC 1.9%

Value ($000) $1,039 Shares 170,000 Est. Cost $8.92 Unrealized -6.9%

MLYS MINERALYS THERAPEUTICS INC 1.7%

Value ($000) $924 Shares 79,000 Est. Cost $12.41 Unrealized +1.5%

— ENPHYS ACQUISITION CORP 1.6%

Value ($000) $858 Shares 78,125 Est. Cost $10.67 Unrealized —

JSPR JASPER THERAPEUTICS INC 1.3%

Value ($000) $726 Shares 32,000 Est. Cost $17.76 Unrealized +35.0%

— BLUEBIRD BIO INC 1.2%

Value ($000) $668 Shares 678,256 Est. Cost $2.54 Unrealized —

— BURGERFI INTERNATIONAL INC 1.0%

Value ($000) $557 Shares 2,745,938 Est. Cost $13.69 Unrealized —

RGNX REGENXBIO INC 0.8%

Value ($000) $424 Shares 36,250 Est. Cost $17.56 Unrealized -11.4%

— SERES THERAPEUTICS INC 0.4%

Value ($000) $247 Shares 340,761 Est. Cost $6.30 Unrealized —

— LUMOS PHARMA INC 0.4%

Value ($000) $211 Shares 90,794 Est. Cost $6.23 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $45 Shares 100 Est. Cost $256.88 Unrealized +62.4%

— SPRUCE BIOSCIENCES INC 0.1%

Value ($000) $39 Shares 75,000 Est. Cost $0.79 Unrealized —

— BURGERFI INTERNATIONAL INC 0.0%

Value ($000) $26 Shares 2,083,438 Est. Cost $0.05 Unrealized —

BATL BATTALION OIL CORP 0.0%

Value ($000) $25 Shares 7,423 Est. Cost $9.85 Unrealized -45.7%

GOOG ALPHABET INC 0.0%

Value ($000) $18 Shares 100 Est. Cost $95.84 Unrealized +76.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	82,500	$16,738	30.5%	—	—	Put	464287655
ARDX	ARDELYX INC	856,667	$6,348	11.6%	$1.61	+336.0%	COM	039697107
INSM	INSMED INC	70,335	$4,712	8.6%	$21.50	+80.4%	COM PAR $.01	457669307
XBI	SPDR SER TR	50,000	$4,636	8.5%	—	—	Put	78464A870
MIST	MILESTONE PHARMACEUTICALS IN	2,340,207	$3,089	5.6%	$3.14	-48.8%	COM	59935V107
GERN	GERON CORP	630,000	$2,671	4.9%	$2.31	+68.6%	COM	374163103
—	MARINUS PHARMACEUTICALS INC	2,114,827	$2,474	4.5%	$11.62	—	COM NEW	56854Q200
KNSA	KINIKSA PHARMACEUTICALS INTL	104,691	$1,955	3.6%	$18.73	0.0%	ORD SHS CL A	G52694109
MIRM	MIRUM PHARMACEUTICALS INC	45,000	$1,539	2.8%	—	—	Put	604749101
SNDX	SYNDAX PHARMACEUTICALS INC	65,000	$1,334	2.4%	$21.52	-2.7%	COM	87164F105
BBIO	BRIDGEBIO PHARMA INC	49,000	$1,241	2.3%	$27.34	0.0%	COM	10806X102
—	AVADEL PHARMACEUTICALS PLC	82,500	$1,160	2.1%	$14.06	—	COM SHS	G29687103
NBIX	NEUROCRINE BIOSCIENCES INC	8,350	$1,150	2.1%	$136.63	+0.4%	COM	64125C109
FENC	FENNEC PHARMACEUTICALS INC	170,000	$1,039	1.9%	$8.92	-6.9%	COM	31447P100
MLYS	MINERALYS THERAPEUTICS INC	79,000	$924	1.7%	$12.41	+1.5%	COM	603170101
—	ENPHYS ACQUISITION CORP	78,125	$858	1.6%	$10.67	—	CL A ORD SHS	G3167L109
JSPR	JASPER THERAPEUTICS INC	32,000	$726	1.3%	$17.76	+35.0%	COM NEW	471871202
—	BLUEBIRD BIO INC	678,256	$668	1.2%	$2.54	—	COM	09609G100
—	BURGERFI INTERNATIONAL INC	2,745,938	$557	1.0%	$13.69	—	COM	12122L101
RGNX	REGENXBIO INC	36,250	$424	0.8%	$17.56	-11.4%	COM	75901B107
—	SERES THERAPEUTICS INC	340,761	$247	0.4%	$6.30	—	COM	81750R102
—	LUMOS PHARMA INC	90,794	$211	0.4%	$6.23	—	COM	55028X109
MSFT	MICROSOFT CORP	100	$45	0.1%	$256.88	+62.4%	COM	594918104
—	SPRUCE BIOSCIENCES INC	75,000	$39	0.1%	$0.79	—	COM	85209E109
—	BURGERFI INTERNATIONAL INC	2,083,438	$26	0.0%	$0.05	—	*W EXP 12/16/202	12122L119
BATL	BATTALION OIL CORP	7,423	$25	0.0%	$9.85	-45.7%	COM	07134L107
GOOG	ALPHABET INC	100	$18	0.0%	$95.84	+76.2%	CAP STK CL C	02079K107