Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value: $144M (100.0% shares, 0.0% debt)

Holdings (25)

EPSN EPSILON ENERGY LTD 19.0%

Value $27.37M Shares 4,250,137 Share Price $6.44 * Est. Cost/Share $2.77 Unrealized @ Report Date +54.1%

SWKH SWK HLDGS CORP 6.9%

Value $9.899M Shares 544,814 Share Price $18.17 * Est. Cost/Share $10.16 Unrealized @ Report Date +42.0%

BXC BLUELINX HLDGS INC 6.8%

Value $9.776M Shares 200,000 Share Price $48.88 * Est. Cost/Share $16.86 Unrealized @ Report Date +198.1%

LAUR LAUREATE EDUCATION INC 5.9%

Value $8.442M Shares 496,900 Share Price $16.99 * Est. Cost/Share $14.35 Unrealized @ Report Date +9.5%

FENC FENNEC PHARMACEUTICALS INC 5.7%

Value $8.175M Shares 867,857 Share Price $9.42 * Est. Cost/Share $4.47 Unrealized @ Report Date +67.8%

PARR PAR PAC HOLDINGS INC 5.4%

Value $7.758M Shares 493,500 Share Price $15.72 Est. Cost/Share $15.48 Unrealized @ Report Date 0.0%

— DONNELLEY R R & SONS CO 4.9%

Value $7.073M Shares 1,376,007 Share Price $5.14 Est. Cost/Share $4.60 Unrealized @ Report Date —

— AUDACY INC 4.5%

Value $6.457M Shares 1,754,528 Share Price $3.68 Est. Cost/Share $4.00 Unrealized @ Report Date —

VST VISTRA CORP 4.2%

Value $5.985M Shares 350,000 Share Price $17.10 Est. Cost/Share $17.20 Unrealized @ Report Date -1.7%

KELYA KELLY SVCS INC 4.0%

Value $5.709M Shares 302,400 Share Price $18.88 * Est. Cost/Share $19.41 Unrealized @ Report Date 0.0%

— THE ODP CORP 3.9%

Value $5.622M Shares 140,000 Share Price $40.16 Est. Cost/Share $48.01 Unrealized @ Report Date —

— HILL INTL INC 3.6%

Value $5.212M Shares 2,517,904 Share Price $2.07 Est. Cost/Share $2.32 Unrealized @ Report Date —

— SAFEGUARD SCIENTIFICS INC 3.3%

Value $4.674M Shares 526,351 Share Price $8.88 Est. Cost/Share $6.88 Unrealized @ Report Date —

— COREPOINT LODGING INC 3.2%

Value $4.65M Shares 300,000 Share Price $15.50 Est. Cost/Share $8.59 Unrealized @ Report Date —

GTX GARRETT MOTION INC 2.7%

Value $3.825M Shares 518,976 Share Price $7.37 * Est. Cost/Share $6.62 Unrealized @ Report Date +8.6%

LEE LEE ENTERPRISES INC 2.5%

Value $3.557M Shares 157,095 Share Price $22.64 * Est. Cost/Share $20.69 Unrealized @ Report Date +22.6%

GIFI GULF IS FABRICATION INC 2.4%

Value $3.5M Shares 881,717 Share Price $3.97 * Est. Cost/Share $3.97 Unrealized @ Report Date +10.8%

LILAK LIBERTY LATIN AMERICA LTD 2.4%

Value $3.447M Shares 262,747 Share Price $13.12 * Est. Cost/Share $9.19 Unrealized @ Report Date +48.7%

— THE AARONS COMPANY INC 2.4%

Value $3.443M Shares 125,000 Share Price $27.54 Est. Cost/Share $25.68 Unrealized @ Report Date —

ZVOI ZOVIO INC 1.7%

Value $2.415M Shares 1,010,403 Share Price $2.39 * Est. Cost/Share $3.06 Unrealized @ Report Date -19.2%

BWFG BANKWELL FINL GROUP INC 1.3%

Value $1.853M Shares 63,526 Share Price $29.17 * Est. Cost/Share $12.81 Unrealized @ Report Date +101.7%

— STEEL CONNECT INC 1.2%

Value $1.762M Shares 867,736 Share Price $2.03 Est. Cost/Share $1.66 Unrealized @ Report Date —

— PROCESSA PHARMACEUTICALS INC 1.2%

Value $1.681M Shares 196,150 Share Price $8.57 Est. Cost/Share $6.60 Unrealized @ Report Date —

PBF PBF ENERGY INC 0.7%

Value $1.038M Shares 80,000 Share Price $12.97 * Est. Cost/Share $23.64 Unrealized @ Report Date -56.1%

SNDA CAPITAL SR LIVING CORP 0.3%

Value $362K Shares 10,277 Share Price $35.22 Est. Cost/Share $35.73 Unrealized @ Report Date 0.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	4,250,137	$27.37M	19.0%	$6.44 *	$2.77	+54.1%	COM	294375209
SWKH	SWK HLDGS CORP	544,814	$9.899M	6.9%	$18.17 *	$10.16	+42.0%	COM	78501P203
BXC	BLUELINX HLDGS INC	200,000	$9.776M	6.8%	$48.88 *	$16.86	+198.1%	COM	09624H208
LAUR	LAUREATE EDUCATION INC	496,900	$8.442M	5.9%	$16.99 *	$14.35	+9.5%	CL A	518613203
FENC	FENNEC PHARMACEUTICALS INC	867,857	$8.175M	5.7%	$9.42 *	$4.47	+67.8%	COM	31447P100
PARR	PAR PAC HOLDINGS INC	493,500	$7.758M	5.4%	$15.72	$15.48	0.0%	COM	69888T207
—	DONNELLEY R R & SONS CO	1,376,007	$7.073M	4.9%	$5.14	$4.60	—	COM	257867200
—	AUDACY INC	1,754,528	$6.457M	4.5%	$3.68	$4.00	—	CL A	05070N103
VST	VISTRA CORP	350,000	$5.985M	4.2%	$17.10	$17.20	-1.7%	COM	92840M102
KELYA	KELLY SVCS INC	302,400	$5.709M	4.0%	$18.88 *	$19.41	0.0%	CL A	488152208
—	THE ODP CORP	140,000	$5.622M	3.9%	$40.16	$48.01	—	COM	88337F105
—	HILL INTL INC	2,517,904	$5.212M	3.6%	$2.07	$2.32	—	COM	431466101
—	SAFEGUARD SCIENTIFICS INC	526,351	$4.674M	3.3%	$8.88	$6.88	—	COM	786449207
—	COREPOINT LODGING INC	300,000	$4.65M	3.2%	$15.50	$8.59	—	COM	21872L104
GTX	GARRETT MOTION INC	518,976	$3.825M	2.7%	$7.37 *	$6.62	+8.6%	COM	366505105
LEE	LEE ENTERPRISES INC	157,095	$3.557M	2.5%	$22.64 *	$20.69	+22.6%	COM	523768406
GIFI	GULF IS FABRICATION INC	881,717	$3.5M	2.4%	$3.97 *	$3.97	+10.8%	COM	402307102
LILAK	LIBERTY LATIN AMERICA LTD	262,747	$3.447M	2.4%	$13.12 *	$9.19	+48.7%	COM CL C	G9001E128
—	THE AARONS COMPANY INC	125,000	$3.443M	2.4%	$27.54	$25.68	—	COM	00258W108
ZVOI	ZOVIO INC	1,010,403	$2.415M	1.7%	$2.39 *	$3.06	-19.2%	COM	98979V102
BWFG	BANKWELL FINL GROUP INC	63,526	$1.853M	1.3%	$29.17 *	$12.81	+101.7%	COM	06654A103
—	STEEL CONNECT INC	867,736	$1.762M	1.2%	$2.03	$1.66	—	COM	858098106
—	PROCESSA PHARMACEUTICALS INC	196,150	$1.681M	1.2%	$8.57	$6.60	—	COM	74275C205
PBF	PBF ENERGY INC	80,000	$1.038M	0.7%	$12.97 *	$23.64	-56.1%	CL A	69318G106
SNDA	CAPITAL SR LIVING CORP	10,277	$362K	0.3%	$35.22	$35.73	0.0%	COM	140475203