MERC SCHEDULE 13D: Activist campaign

Redwood Capital Management and affiliated reporting persons

Filed with the SEC on · accession 0000919574-26-007505

MERC filed a SCHEDULE 13D (schedule 13d) with the SEC on Nov 9, 2026. Redwood Capital Management and affiliated reporting persons filed a Schedule 13D disclosing a restructuring agreement and backstop commitment related to Mercer International's senior notes, after having sold all of their common shares on November 3, 2026. The stock moved -7.3% by the first close after the filing.

Summary of the filing

Redwood Capital Management and affiliated reporting persons filed a Schedule 13D disclosing a restructuring agreement and backstop commitment related to Mercer International's senior notes, after having sold all of their common shares on November 3, 2026. The filing indicates potential plans to influence the issuer's restructuring and reserves the right to act in concert with other shareholders.

Key details

Shares beneficially owned after sale$0
Shares outstanding of issuer$67.0M
Reporting person / investment adviserRedwood Capital Management, LLC
Reporting person / sole member of redwoodRedwood Capital Management Holdings, LP
Reporting person / general partner of redwood holdingsDouble Twins K, LLC
Reporting person / fund holding securitiesRedwood Master Fund, Ltd.
Issuer / subject companyMercer International Inc.
Managing member of double twins k, llcRuben Kliksberg

How MERC stock reacted

Close before

$0.26

Nov 6, 2026

First close after

-7.31%

$0.24

5 trading days

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Since filing

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Frequently asked questions

What did MERC file with the SEC on Nov 9, 2026?

MERC filed a SCHEDULE 13D (Activist campaign). Redwood Capital Management and affiliated reporting persons filed a Schedule 13D disclosing a restructuring agreement and backstop commitment related to Mercer International's senior notes, after having sold all of their common shares on November 3, 2026. The filing indicates potential plans to influence the issuer's restructuring and reserves the right to act in concert with other shareholders.

What does a activist campaign mean for MERC stock?

A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.

How do I read a SCHEDULE 13D?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D (schedule 13d): A report the company filed with the SEC (the US market regulator).

How did MERC stock react to this filing?

MERC closed at $0.26 before the filing and $0.24 on Nov 9, 2026 (-7.31%).

Other MERC SEC filings

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