Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value: $143M (100.0% shares, 0.0% debt)

Holdings (24)

EPSN EPSILON ENERGY LTD 14.9%

Value $21.25M Shares 4,250,137 Share Price $5.00 * Est. Cost/Share $2.77 Unrealized @ Report Date +24.2%

BXC BLUELINX HLDGS INC 7.1%

Value $10.06M Shares 200,000 Share Price $50.28 * Est. Cost/Share $16.86 Unrealized @ Report Date +191.7%

SWKH SWK HLDGS CORP 6.9%

Value $9.813M Shares 559,147 Share Price $17.55 * Est. Cost/Share $10.16 Unrealized @ Report Date +28.6%

— DONNELLEY R R & SONS CO 5.7%

Value $8.164M Shares 1,300,000 Share Price $6.28 Est. Cost/Share $4.57 Unrealized @ Report Date —

— THE ODP CORP 4.7%

Value $6.721M Shares 140,000 Share Price $48.01 Est. Cost/Share $48.01 Unrealized @ Report Date —

— SAFEGUARD SCIENTIFICS INC 4.6%

Value $6.596M Shares 850,000 Share Price $7.76 Est. Cost/Share $6.88 Unrealized @ Report Date —

— COREPOINT LODGING INC 4.6%

Value $6.516M Shares 609,000 Share Price $10.70 Est. Cost/Share $8.59 Unrealized @ Report Date —

VST VISTRA CORP 4.6%

Value $6.493M Shares 350,000 Share Price $18.55 * Est. Cost/Share $17.20 Unrealized @ Report Date -8.9%

FENC FENNEC PHARMACEUTICALS INC 4.4%

Value $6.327M Shares 867,857 Share Price $7.29 * Est. Cost/Share $4.47 Unrealized @ Report Date +49.3%

— HILL INTL INC 4.4%

Value $6.27M Shares 2,517,904 Share Price $2.49 Est. Cost/Share $2.32 Unrealized @ Report Date —

LAUR LAUREATE EDUCATION INC 4.4%

Value $6.239M Shares 430,000 Share Price $14.51 * Est. Cost/Share $14.13 Unrealized @ Report Date 0.0%

GLNG GOLAR LNG LTD 4.3%

Value $6.128M Shares 462,527 Share Price $13.25 * Est. Cost/Share $10.21 Unrealized @ Report Date +5.9%

— OAKTREE SPECIALTY LENDING CO 4.0%

Value $5.736M Shares 857,354 Share Price $6.69 Est. Cost/Share $4.56 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 3.6%

Value $5.158M Shares 365,805 Share Price $14.10 Est. Cost/Share $9.19 Unrealized @ Report Date +53.7%

LEE LEE ENTERPRISES INC 3.1%

Value $4.446M Shares 157,095 Share Price $28.30 * Est. Cost/Share $20.69 Unrealized @ Report Date +42.6%

GTX GARRETT MOTION INC 2.9%

Value $4.141M Shares 518,976 Share Price $7.98 * Est. Cost/Share $6.62 Unrealized @ Report Date 0.0%

— THE AARONS COMPANY INC 2.8%

Value $3.999M Shares 125,000 Share Price $31.99 Est. Cost/Share $25.68 Unrealized @ Report Date —

GIFI GULF IS FABRICATION INC 2.8%

Value $3.985M Shares 881,717 Share Price $4.52 Est. Cost/Share $3.97 Unrealized @ Report Date +13.2%

— AUDACY INC 2.7%

Value $3.834M Shares 889,528 Share Price $4.31 Est. Cost/Share $4.31 Unrealized @ Report Date —

BWFG BANKWELL FINL GROUP INC 2.4%

Value $3.448M Shares 124,749 Share Price $27.64 * Est. Cost/Share $12.81 Unrealized @ Report Date +93.0%

ZVOI ZOVIO INC 1.8%

Value $2.617M Shares 1,010,403 Share Price $2.59 * Est. Cost/Share $3.06 Unrealized @ Report Date 0.0%

— STEEL CONNECT INC 1.2%

Value $1.735M Shares 867,736 Share Price $2.00 Est. Cost/Share $1.66 Unrealized @ Report Date —

— PROCESSA PHARMACEUTICALS INC 1.1%

Value $1.606M Shares 196,150 Share Price $8.19 Est. Cost/Share $6.60 Unrealized @ Report Date —

PBF PBF ENERGY INC 0.9%

Value $1.224M Shares 80,000 Share Price $15.30 Est. Cost/Share $23.64 Unrealized @ Report Date -34.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	4,250,137	$21.25M	14.9%	$5.00 *	$2.77	+24.2%	COM	294375209
BXC	BLUELINX HLDGS INC	200,000	$10.06M	7.1%	$50.28 *	$16.86	+191.7%	COM NEW	09624H208
SWKH	SWK HLDGS CORP	559,147	$9.813M	6.9%	$17.55 *	$10.16	+28.6%	COM NEW	78501P203
—	DONNELLEY R R & SONS CO	1,300,000	$8.164M	5.7%	$6.28	$4.57	—	COM	257867200
—	THE ODP CORP	140,000	$6.721M	4.7%	$48.01	$48.01	—	COM	88337F105
—	SAFEGUARD SCIENTIFICS INC	850,000	$6.596M	4.6%	$7.76	$6.88	—	COM NEW	786449207
—	COREPOINT LODGING INC	609,000	$6.516M	4.6%	$10.70	$8.59	—	COM	21872L104
VST	VISTRA CORP	350,000	$6.493M	4.6%	$18.55 *	$17.20	-8.9%	COM	92840M102
FENC	FENNEC PHARMACEUTICALS INC	867,857	$6.327M	4.4%	$7.29 *	$4.47	+49.3%	COM	31447P100
—	HILL INTL INC	2,517,904	$6.27M	4.4%	$2.49	$2.32	—	COM	431466101
LAUR	LAUREATE EDUCATION INC	430,000	$6.239M	4.4%	$14.51 *	$14.13	0.0%	CL A	518613203
GLNG	GOLAR LNG LTD	462,527	$6.128M	4.3%	$13.25 *	$10.21	+5.9%	SHS	G9456A100
—	OAKTREE SPECIALTY LENDING CO	857,354	$5.736M	4.0%	$6.69	$4.56	—	COM	67401P108
LILAK	LIBERTY LATIN AMERICA LTD	365,805	$5.158M	3.6%	$14.10	$9.19	+53.7%	COM CL C	G9001E128
LEE	LEE ENTERPRISES INC	157,095	$4.446M	3.1%	$28.30 *	$20.69	+42.6%	COM	523768406
GTX	GARRETT MOTION INC	518,976	$4.141M	2.9%	$7.98 *	$6.62	0.0%	COM	366505105
—	THE AARONS COMPANY INC	125,000	$3.999M	2.8%	$31.99	$25.68	—	COM	00258W108
GIFI	GULF IS FABRICATION INC	881,717	$3.985M	2.8%	$4.52	$3.97	+13.2%	COM	402307102
—	AUDACY INC	889,528	$3.834M	2.7%	$4.31	$4.31	—	CL A	05070N103
BWFG	BANKWELL FINL GROUP INC	124,749	$3.448M	2.4%	$27.64 *	$12.81	+93.0%	COM	06654A103
ZVOI	ZOVIO INC	1,010,403	$2.617M	1.8%	$2.59 *	$3.06	0.0%	COM	98979V102
—	STEEL CONNECT INC	867,736	$1.735M	1.2%	$2.00	$1.66	—	COM	858098106
—	PROCESSA PHARMACEUTICALS INC	196,150	$1.606M	1.1%	$8.19	$6.60	—	COM NEW	74275C205
PBF	PBF ENERGY INC	80,000	$1.224M	0.9%	$15.30	$23.64	-34.7%	CL A	69318G106