Stock Titan Deals and strategy
Rubric Capital discloses 6.56% Ardelyx (ARDX) stake totaling 16.2M shares
Rubric Capital Management LP and David Rosen have reported a 6.56% passive ownership stake in Ardelyx, Inc., amounting to 16,202,700 shares. This disclosure, made via a Schedule 13G filing, indicates shared voting and dispositive power over these shares, with Rubric Capital Master Fund LP having rights to dividends and sale proceeds for over 5% of the common stock. …