Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 15, 2022

Total Value: $168M (100.0% shares, 0.0% debt)

Holdings (21)

EPSN EPSILON ENERGY LTD 11.6%

Value $19.49M Shares 3,308,467 Share Price $5.89 * Est. Cost/Share $2.77 Unrealized @ Report Date +108.1%

FLEX FLEX LTD 9.7%

Value $16.28M Shares 1,125,000 Share Price $14.47 * Est. Cost/Share $12.57 Unrealized @ Report Date -1.5%

— GARRETT MOTION INC 8.5%

Value $14.17M Shares 1,749,588 Share Price $8.10 Est. Cost/Share $8.16 Unrealized @ Report Date —

ASTL ALGOMA STL GROUP INC 7.5%

Value $12.59M Shares 1,402,260 Share Price $8.98 * Est. Cost/Share $8.85 Unrealized @ Report Date -1.0%

— THE AARONS COMPANY INC 7.2%

Value $11.99M Shares 824,000 Share Price $14.55 Est. Cost/Share $19.78 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 6.2%

Value $10.41M Shares 1,335,971 Share Price $7.79 * Est. Cost/Share $10.06 Unrealized @ Report Date -9.3%

— THE ODP CORP 6.2%

Value $10.36M Shares 342,450 Share Price $30.24 Est. Cost/Share $38.98 Unrealized @ Report Date —

BJRI BJS RESTAURANTS INC 6.1%

Value $10.29M Shares 474,500 Share Price $21.68 * Est. Cost/Share $28.07 Unrealized @ Report Date -8.3%

PARR PAR PAC HOLDINGS INC 5.4%

Value $9.098M Shares 583,555 Share Price $15.59 Est. Cost/Share $15.02 Unrealized @ Report Date +4.8%

— HILL INTL INC 4.5%

Value $7.485M Shares 4,455,271 Share Price $1.68 Est. Cost/Share $2.03 Unrealized @ Report Date —

FENC FENNEC PHARMACEUTICALS INC 3.9%

Value $6.548M Shares 1,173,516 Share Price $5.58 * Est. Cost/Share $4.64 Unrealized @ Report Date +25.1%

ONL ORION OFFICE REIT INC 3.8%

Value $6.374M Shares 581,558 Share Price $10.96 Est. Cost/Share $12.29 Unrealized @ Report Date —

SFM SPROUTS FMRS MKT INC 3.5%

Value $5.824M Shares 230,000 Share Price $25.32 * Est. Cost/Share $27.76 Unrealized @ Report Date 0.0%

LEE LEE ENTERPRISES INC 2.7%

Value $4.558M Shares 240,000 Share Price $18.99 * Est. Cost/Share $21.15 Unrealized @ Report Date +3.6%

— QUANTUM CORP 2.6%

Value $4.382M Shares 3,086,000 Share Price $1.42 Est. Cost/Share $1.42 Unrealized @ Report Date —

— AUDACY INC 2.5%

Value $4.242M Shares 4,501,800 Share Price $0.94 Est. Cost/Share $2.40 Unrealized @ Report Date —

SNDA SONIDA SENIOR LIVING INC 2.5%

Value $4.209M Shares 200,451 Share Price $21.00 * Est. Cost/Share $30.65 Unrealized @ Report Date -10.0%

GIFI GULF IS FABRICATION INC 1.8%

Value $2.954M Shares 881,717 Share Price $3.35 * Est. Cost/Share $3.97 Unrealized @ Report Date -11.3%

CGNT COGNYTE SOFTWARE LTD 1.7%

Value $2.799M Shares 658,500 Share Price $4.25 * Est. Cost/Share $7.01 Unrealized @ Report Date 0.0%

MODD MODULAR MED INC 1.4%

Value $2.342M Shares 452,152 Share Price $5.18 * Est. Cost/Share $3.90 Unrealized @ Report Date +17.1%

ARDX ARDELYX INC 0.7%

Value $1.24M Shares 2,101,785 Share Price $0.59 * Est. Cost/Share $1.19 Unrealized @ Report Date -38.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,308,467	$19.49M	11.6%	$5.89 *	$2.77	+108.1%	COM	294375209
FLEX	FLEX LTD	1,125,000	$16.28M	9.7%	$14.47 *	$12.57	-1.5%	ORD	Y2573F102
—	GARRETT MOTION INC	1,749,588	$14.17M	8.5%	$8.10	$8.16	—	PFD CONV SER A	366505204
ASTL	ALGOMA STL GROUP INC	1,402,260	$12.59M	7.5%	$8.98 *	$8.85	-1.0%	COM	015658107
—	THE AARONS COMPANY INC	824,000	$11.99M	7.2%	$14.55	$19.78	—	COM	00258W108
LILAK	LIBERTY LATIN AMERICA LTD	1,335,971	$10.41M	6.2%	$7.79 *	$10.06	-9.3%	COM CL C	G9001E128
—	THE ODP CORP	342,450	$10.36M	6.2%	$30.24	$38.98	—	COM	88337F105
BJRI	BJS RESTAURANTS INC	474,500	$10.29M	6.1%	$21.68 *	$28.07	-8.3%	COM	09180C106
PARR	PAR PAC HOLDINGS INC	583,555	$9.098M	5.4%	$15.59	$15.02	+4.8%	COM	69888T207
—	HILL INTL INC	4,455,271	$7.485M	4.5%	$1.68	$2.03	—	COM	431466101
FENC	FENNEC PHARMACEUTICALS INC	1,173,516	$6.548M	3.9%	$5.58 *	$4.64	+25.1%	COM	31447P100
ONL	ORION OFFICE REIT INC	581,558	$6.374M	3.8%	$10.96	$12.29	—	COM	68629Y103
SFM	SPROUTS FMRS MKT INC	230,000	$5.824M	3.5%	$25.32 *	$27.76	0.0%	COM	85208M102
LEE	LEE ENTERPRISES INC	240,000	$4.558M	2.7%	$18.99 *	$21.15	+3.6%	COM	523768406
—	QUANTUM CORP	3,086,000	$4.382M	2.6%	$1.42	$1.42	—	COM	747906501
—	AUDACY INC	4,501,800	$4.242M	2.5%	$0.94	$2.40	—	CL A	05070N103
SNDA	SONIDA SENIOR LIVING INC	200,451	$4.209M	2.5%	$21.00 *	$30.65	-10.0%	COM	140475203
GIFI	GULF IS FABRICATION INC	881,717	$2.954M	1.8%	$3.35 *	$3.97	-11.3%	COM	402307102
CGNT	COGNYTE SOFTWARE LTD	658,500	$2.799M	1.7%	$4.25 *	$7.01	0.0%	ORD SHS	M25133105
MODD	MODULAR MED INC	452,152	$2.342M	1.4%	$5.18 *	$3.90	+17.1%	COM	60785L207
ARDX	ARDELYX INC	2,101,785	$1.24M	0.7%	$0.59 *	$1.19	-38.0%	COM	039697107