SCHEDULE 13G/A: Rubric Capital Management LP Discloses 4.37% Passive Stake in Dole Plc

Rubric Capital Management LP and David Rosen have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.37% of Dole Plc's ordinary shares as of March 31, 2025.

Summary

• Rubric Capital Management LP and David Rosen collectively beneficially own 4,155,656 ordinary shares of Dole Plc.
• This ownership represents 4.37% of Dole Plc's total outstanding ordinary shares.
• The percentage is calculated based on 96,040,517 shares of Common Stock outstanding as of December 31, 2024, as reported in Dole Plc's Annual Report on Form 20-F.
• The filing is an Amendment No. 1 to Schedule 13G, indicating an update to a previously reported beneficial ownership.
• The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Dole Plc.

Sentiment

Score: 5

Explanation: Neutral. This is a routine regulatory filing disclosing a passive ownership stake, providing no positive or negative operational or financial news about the company itself.

Positives

• Increased transparency regarding significant shareholder holdings in Dole Plc.
• The filing explicitly states a passive investment intent, which can be viewed as a stable, non-activist position.

Future Outlook

This document is a regulatory filing disclosing beneficial ownership and does not contain any forward-looking statements or guidance from Dole Plc.

Management Comments

• Rubric Capital Management LP and David Rosen certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

This filing is a standard disclosure of a passive investment stake by an investment adviser in a publicly traded company within the consumer staples/agriculture sector. It does not provide specific industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive investment by Rubric Capital Management LP and David Rosen.

Next Steps

• The Reporting Persons will file future amendments to this Schedule 13G if there are material changes to their beneficial ownership or investment intent.

Key Dates

Keywords

Dole Plc, Rubric Capital Management LP, David Rosen, Schedule 13G, Beneficial Ownership, SEC Filing, Ordinary Shares, Investment Adviser, Passive Investment