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    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Encompass Capital Advisors LLC -->
          <cik>0001541901</cik>
          <ccc>XXXXXXXX</ccc>
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      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



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    <coverPageHeader>
      <securitiesClassTitle>Class A Common Stock, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>04/01/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002021880</issuerCik>
        <issuerName>HMH Holding Inc.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>40445M100</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>3300 NORTH SAM HOUSTON PARKWAY EAST</com:street1>
          <com:city>Houston</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>77032</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
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      <reportingPersonName>Encompass Capital Advisors LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>800000.00</sharedVotingPower>
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        <sharedDispositivePower>800000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>800000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.60</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
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      <reportingPersonName>Todd J. Kantor</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>800000.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>800000.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>800000.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>7.60</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
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      <reportingPersonName>Encompass Capital Partners LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
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        <sharedVotingPower>614945.00</sharedVotingPower>
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        <sharedDispositivePower>614945.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>614945.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.85</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
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    <items>
      <item1>
        <issuerName>HMH Holding Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON, TX 77032</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Encompass Capital Advisors LLC
Todd J. Kantor
Encompass Capital Partners LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Encompass Capital Advisors LLC: 200 Park Avenue, Suite 1604, New York, NY 10166
Todd J. Kantor: c/o Encompass Capital Advisors LLC, 200 Park Avenue, Suite 1604, New York, NY 10166
Encompass Capital Partners LLC: 200 Park Avenue, Suite 1604, New York, NY 10166</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Encompass Capital Advisors LLC is a Delaware Limited Liability Company
Todd J. Kantor is a US citizen
Encompass Capital Partners LLC is a Delaware Limited Liability Company</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
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      <item4>
        <amountBeneficiallyOwned>Encompass Capital Advisors LLC
800,000

Todd J. Kantor
800,000

Encompass Capital Partners LLC
614,945</amountBeneficiallyOwned>
        <classPercent>Encompass Capital Advisors LLC
7.60%

Todd J. Kantor
7.60%

Encompass Capital Partners LLC
5.85%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Encompass Capital Advisors LLC
0

Todd J. Kantor
0

Encompass Capital Partners LLC
0</solePowerOrDirectToVote>
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800,000

Todd J. Kantor
800,000

Encompass Capital Partners LLC
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          <solePowerOrDirectToDispose>Encompass Capital Advisors LLC
0

Todd J. Kantor
0

Encompass Capital Partners LLC
0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Encompass Capital Advisors LLC
800,000

Todd J. Kantor
800,000

Encompass Capital Partners LLC
614,945</sharedPowerOrDirectToDispose>
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        <notApplicableFlag>Y</notApplicableFlag>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.</certifications>
      </item10>
    </items>
    <exhibitInfo>JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on SCHEDULE 13G with respect to the shares of Class A Common Stock of HMH Holding Inc dated as of April 8, 2026 is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.


Date: April 8, 2026

Encompass Capital Advisors LLC
By:   Todd J. Kantor
Name:  Todd J. Kantor
Title:  Managing Member

Todd J. Kantor
By:   Todd J. Kantor
Name:  Todd J. Kantor

Encompass Capital Partners LLC
By:   Todd J. Kantor
Name:  Todd J. Kantor
Title:  Managing Member</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Encompass Capital Advisors LLC</reportingPersonName>
      <signatureDetails>
        <signature>Todd J. Kantor</signature>
        <title>Todd J. Kantor | Managing Member</title>
        <date>04/08/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Todd J. Kantor</reportingPersonName>
      <signatureDetails>
        <signature>Todd J. Kantor</signature>
        <title>Todd J. Kantor</title>
        <date>04/08/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Encompass Capital Partners LLC</reportingPersonName>
      <signatureDetails>
        <signature>Todd J. Kantor</signature>
        <title>Todd J. Kantor | Managing Member</title>
        <date>04/08/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
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