13F-HR/A 1 akanthos_a14q2012.txt AKANTHOS CAPITAL MANAGEMENT, LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2012 Check here if Amendment [ X ]; Amendment Number: 1 This Amendment (Check only one.): [ X ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Akanthos Capital Management, LLC Address: 21700 Oxnard Street, Suite 1730 Woodland Hills, CA 91367-7584 13F File Number: 028-10430 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: Michael Kao Title: Manager Phone: (818) 456-5220 Signature, Place, and Date of Signing: /s/ Michael Kao Woodland Hills, CA February 25, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 13 Form 13F Information Table Value Total: $37,705 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALLEGHENY TECHNOLOGIES INC COM 01741R102 2098 69100 SH SOLE 69100 0 0 AMERICAN INTL GROUP INC COM NEW 026874784 8839 250400 SH SOLE 250400 0 0 APPLE INC COM 037833100 175 30000 SH CALL SOLE 30000 0 0 CLEARWIRE CORP NEW CL A 18538Q105 1792 620000 SH SOLE 620000 0 0 GENERAL MTRS CO COM 37045V100 446 150000 SH CALL SOLE 150000 0 0 GENERAL MTRS CO *W EXP 07/10/201 37045V126 7494 600000 SH SOLE 600000 0 0 GOLDCORP INC NEW COM 380956409 5043 137400 SH SOLE 137400 0 0 HANWHA SOLARONE CO LTD SPONSORED ADR 41135V103 201 198750 SH SOLE 198750 0 0 MICROSOFT CORP COM 594918104 2671 100000 SH SOLE 100000 0 0 SANOFI RIGHT 12/31/2020 80105N113 510 300000 SH SOLE 300000 0 0 SOLARFUN POWER HOLDINGS CO L NOTE 3.500% 1/1 83415UAB4 3111 4000000 PRN SOLE 4000000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 375 150000 SH PUT SOLE 150000 0 0 SUNTECH PWR HLDGS CO LTD NOTE 3.000% 3/1 86800CAE4 4950 11000000 PRN SOLE 11000000 0 0