# Armistice Capital LLC

> Armistice Capital LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 168978
- Filed as: ARMISTICE CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168978
- AdvisorCensus page: https://advisorcensus.com/firm/armistice-capital-llc-new-york-ny-168978

## Quick answers

**How is Armistice Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Armistice Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Armistice Capital LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1.25% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Armistice Capital LLC located?**
Armistice Capital LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Armistice Capital LLC registered with the SEC or a state?**
Armistice Capital LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 168978.

**How much does Armistice Capital LLC manage?**
Armistice Capital LLC reports $4,724,705,592 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Armistice Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Armistice Capital LLC: Regulatory assets under management: $3,052,368,000 in the October 2021 data and $4,724,705,592 in the October 2026 data, up 55%. Total employees: 14 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Armistice Capital LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Armistice Capital LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168978

**What changed in Armistice Capital LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,542,954,924 to $4,724,705,592 (-15%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1.25% to 1.75% a year (a range, as the brochure states it)

> Armistice receives a quarterly management fee calculated at an annual rate ranging from 1.25% to 1.75% of each investor’s capital account (the “Management Fee”), depending on the series to which such investor is subscribed

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $4,724,705,592
- Discretionary: $4,724,705,592
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $4,724,705,592 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 30 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/168978

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Miami, FL
- Southampton, NY

### Websites listed on Form ADV (Item 1.I)
- armisticecapital.com
- LinkedIn @armistice-capital-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,052,368,000 | 14 | March 31, 2021 |
| October 2022 | $5,499,394,945 | 20 | April 21, 2022 |
| October 2023 | $5,555,432,880 | 25 | March 31, 2023 |
| October 2024 | $5,911,150,000 | 28 | May 31, 2024 |
| October 2025 | $5,542,954,924 | 30 | March 31, 2025 |
| October 2026 | $4,724,705,592 | 30 | March 31, 2026 |

Regulatory assets under management: $3,052,368,000 in the October 2021 data and $4,724,705,592 in the October 2026 data, up 55%.
Total employees: 14 in October 2021 and 30 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,542,954,924 to $4,724,705,592 (-15%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Armistice Capital LLC (CRD 168978): Form ADV filing data as of October 2026.