Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value: $140M (100.0% shares, 0.0% debt)

Holdings (24)

EPSN EPSILON ENERGY LTD 17.2%

Value $24.14M Shares 4,250,137 Share Price $5.68 * Est. Cost/Share $2.77 Unrealized @ Report Date +66.3%

PARR PAR PAC HOLDINGS INC 7.1%

Value $9.894M Shares 600,000 Share Price $16.49 * Est. Cost/Share $15.41 Unrealized @ Report Date -2.0%

— THE ODP CORP 7.0%

Value $9.82M Shares 250,000 Share Price $39.28 Est. Cost/Share $44.17 Unrealized @ Report Date —

SWKH SWK HLDGS CORP 7.0%

Value $9.815M Shares 500,000 Share Price $19.63 * Est. Cost/Share $10.16 Unrealized @ Report Date +48.6%

— THE AARONS COMPANY INC 5.3%

Value $7.395M Shares 300,000 Share Price $24.65 Est. Cost/Share $25.08 Unrealized @ Report Date —

JXN JACKSON FINANCIAL INC 5.0%

Value $7.027M Shares 168,000 Share Price $41.83 * Est. Cost/Share $26.64 Unrealized @ Report Date 0.0%

KD KYNDRYL HLDGS INC 4.7%

Value $6.607M Shares 365,000 Share Price $18.10 * Est. Cost/Share $21.59 Unrealized @ Report Date 0.0%

KELYA KELLY SVCS INC 4.7%

Value $6.581M Shares 392,400 Share Price $16.77 Est. Cost/Share $18.85 Unrealized @ Report Date -9.9%

VST VISTRA CORP 4.3%

Value $5.977M Shares 262,500 Share Price $22.77 * Est. Cost/Share $17.20 Unrealized @ Report Date +7.6%

— AUDACY INC 4.2%

Value $5.911M Shares 2,300,000 Share Price $2.57 Est. Cost/Share $3.66 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 4.2%

Value $5.871M Shares 515,000 Share Price $11.40 * Est. Cost/Share $10.62 Unrealized @ Report Date +14.1%

LEE LEE ENTERPRISES INC 3.7%

Value $5.181M Shares 150,000 Share Price $34.54 * Est. Cost/Share $20.69 Unrealized @ Report Date +22.6%

SLVM SYLVAMO CORP 3.6%

Value $5.02M Shares 180,000 Share Price $27.89 * Est. Cost/Share $26.31 Unrealized @ Report Date 0.0%

— HILL INTL INC 3.5%

Value $4.91M Shares 2,517,904 Share Price $1.95 Est. Cost/Share $2.32 Unrealized @ Report Date —

— U S SILICA HLDGS INC 3.0%

Value $4.23M Shares 450,000 Share Price $9.40 Est. Cost/Share $9.40 Unrealized @ Report Date —

BXC BLUELINX HLDGS INC 2.7%

Value $3.83M Shares 40,000 Share Price $95.75 * Est. Cost/Share $16.86 Unrealized @ Report Date +301.5%

FENC FENNEC PHARMACEUTICALS INC 2.7%

Value $3.819M Shares 867,857 Share Price $4.40 * Est. Cost/Share $4.47 Unrealized @ Report Date +66.5%

GIFI GULF IS FABRICATION INC 2.5%

Value $3.536M Shares 881,717 Share Price $4.01 Est. Cost/Share $3.97 Unrealized @ Report Date +2.5%

SNDA SONIDA SENIOR LIVING INC 2.3%

Value $3.202M Shares 112,399 Share Price $28.49 * Est. Cost/Share $30.85 Unrealized @ Report Date -1.6%

ARDX ARDELYX INC 2.2%

Value $3.025M Shares 2,750,000 Share Price $1.10 * Est. Cost/Share $1.19 Unrealized @ Report Date 0.0%

ZVOI ZOVIO INC 0.9%

Value $1.283M Shares 1,010,403 Share Price $1.27 * Est. Cost/Share $3.06 Unrealized @ Report Date -42.7%

— STEEL CONNECT INC 0.9%

Value $1.215M Shares 867,736 Share Price $1.40 Est. Cost/Share $1.66 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 -41.4%

— PROCESSA PHARMACEUTICALS INC 0.7%

Value $961K Shares 196,150 Share Price $4.90 Est. Cost/Share $6.60 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	4,250,137	$24.14M	17.2%	$5.68 *	$2.77	+66.3%	COM	294375209
PARR	PAR PAC HOLDINGS INC	600,000	$9.894M	7.1%	$16.49 *	$15.41	-2.0%	COM	69888T207
—	THE ODP CORP	250,000	$9.82M	7.0%	$39.28	$44.17	—	COM	88337F105
SWKH	SWK HLDGS CORP	500,000	$9.815M	7.0%	$19.63 *	$10.16	+48.6%	COM	78501P203
—	THE AARONS COMPANY INC	300,000	$7.395M	5.3%	$24.65	$25.08	—	COM	00258W108
JXN	JACKSON FINANCIAL INC	168,000	$7.027M	5.0%	$41.83 *	$26.64	0.0%	COM CL A	46817M107
KD	KYNDRYL HLDGS INC	365,000	$6.607M	4.7%	$18.10 *	$21.59	0.0%	COMMON STOCK	50155Q100
KELYA	KELLY SVCS INC	392,400	$6.581M	4.7%	$16.77	$18.85	-9.9%	CL A	488152208
VST	VISTRA CORP	262,500	$5.977M	4.3%	$22.77 *	$17.20	+7.6%	COM	92840M102
—	AUDACY INC	2,300,000	$5.911M	4.2%	$2.57	$3.66	—	CL A	05070N103
LILAK	LIBERTY LATIN AMERICA LTD	515,000	$5.871M	4.2%	$11.40 *	$10.62	+14.1%	COM CL C	G9001E128
LEE	LEE ENTERPRISES INC	150,000	$5.181M	3.7%	$34.54 *	$20.69	+22.6%	COM	523768406
SLVM	SYLVAMO CORP	180,000	$5.02M	3.6%	$27.89 *	$26.31	0.0%	COMMON STOCK	871332102
—	HILL INTL INC	2,517,904	$4.91M	3.5%	$1.95	$2.32	—	COM	431466101
—	U S SILICA HLDGS INC	450,000	$4.23M	3.0%	$9.40	$9.40	—	COM	90346E103
BXC	BLUELINX HLDGS INC	40,000	$3.83M	2.7%	$95.75 *	$16.86	+301.5%	COM	09624H208
FENC	FENNEC PHARMACEUTICALS INC	867,857	$3.819M	2.7%	$4.40 *	$4.47	+66.5%	COM	31447P100
GIFI	GULF IS FABRICATION INC	881,717	$3.536M	2.5%	$4.01	$3.97	+2.5%	COM	402307102
SNDA	SONIDA SENIOR LIVING INC	112,399	$3.202M	2.3%	$28.49 *	$30.85	-1.6%	COM	140475203
ARDX	ARDELYX INC	2,750,000	$3.025M	2.2%	$1.10 *	$1.19	0.0%	COM	039697107
ZVOI	ZOVIO INC	1,010,403	$1.283M	0.9%	$1.27 *	$3.06	-42.7%	COM	98979V102
—	STEEL CONNECT INC	867,736	$1.215M	0.9%	$1.40	$1.66	—	COM	858098106
PBF	PBF ENERGY INC	80,000	$1.038M	0.7%	$12.97 *	$23.64	-41.4%	CL A	69318G106
—	PROCESSA PHARMACEUTICALS INC	196,150	$961K	0.7%	$4.90	$6.60	—	COM	74275C205