Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value: $150M (100.0% shares, 0.0% debt)

Holdings (21)

EPSN EPSILON ENERGY LTD 12.8%

Value $19.27M Shares 3,608,467 Share Price $5.34 * Est. Cost/Share $2.96 Unrealized @ Report Date +54.6%

FENC FENNEC PHARMACEUTICALS INC 8.5%

Value $12.71M Shares 1,439,028 Share Price $8.83 * Est. Cost/Share $5.49 Unrealized @ Report Date +51.4%

AMBP ARDAGH METAL PACKAGING S A 8.2%

Value $12.29M Shares 3,268,792 Share Price $3.76 * Est. Cost/Share $3.91 Unrealized @ Report Date -28.4%

— THE AARONS COMPANY INC 8.0%

Value $12.06M Shares 852,569 Share Price $14.14 Est. Cost/Share $18.14 Unrealized @ Report Date —

ASTL ALGOMA STL GROUP INC 7.5%

Value $11.31M Shares 1,593,618 Share Price $7.10 Est. Cost/Share $8.52 Unrealized @ Report Date -17.9%

KD KYNDRYL HLDGS INC 6.8%

Value $10.25M Shares 772,051 Share Price $13.28 Est. Cost/Share $10.34 Unrealized @ Report Date +30.9%

LILAK LIBERTY LATIN AMERICA LTD 5.8%

Value $8.661M Shares 1,004,701 Share Price $8.62 * Est. Cost/Share $8.93 Unrealized @ Report Date -8.2%

GAP GAP INC 5.0%

Value $7.539M Shares 844,250 Share Price $8.93 * Est. Cost/Share $10.86 Unrealized @ Report Date -25.3%

SPWH SPORTSMANS WHSE HLDGS INC 5.0%

Value $7.47M Shares 1,310,540 Share Price $5.70 * Est. Cost/Share $7.70 Unrealized @ Report Date -21.8%

FIP FTAI INFRASTRUCTURE INC 4.2%

Value $6.36M Shares 1,723,533 Share Price $3.69 * Est. Cost/Share $2.61 Unrealized @ Report Date +17.2%

CRC CALIFORNIA RES CORP 4.1%

Value $6.205M Shares 137,000 Share Price $45.29 * Est. Cost/Share $38.05 Unrealized @ Report Date -1.3%

ONL ORION OFFICE REIT INC 3.6%

Value $5.367M Shares 812,010 Share Price $6.61 Est. Cost/Share $10.30 Unrealized @ Report Date —

CVEO CIVEO CORP CDA 3.4%

Value $5.15M Shares 264,396 Share Price $19.48 * Est. Cost/Share $22.38 Unrealized @ Report Date -16.2%

GTX GARRETT MOTION INC 3.3%

Value $5.015M Shares 662,502 Share Price $7.57 * Est. Cost/Share $8.02 Unrealized @ Report Date 0.0%

CGNT COGNYTE SOFTWARE LTD 3.2%

Value $4.804M Shares 788,761 Share Price $6.09 * Est. Cost/Share $4.41 Unrealized @ Report Date +5.6%

LEE LEE ENTERPRISES INC 2.7%

Value $4.105M Shares 307,478 Share Price $13.35 * Est. Cost/Share $19.61 Unrealized @ Report Date -35.6%

— QUANTUM CORP 2.7%

Value $4.036M Shares 3,736,620 Share Price $1.08 Est. Cost/Share $1.29 Unrealized @ Report Date —

GIFI GULF IS FABRICATION INC 1.9%

Value $2.866M Shares 881,717 Share Price $3.25 * Est. Cost/Share $3.97 Unrealized @ Report Date -14.8%

SNDA SONIDA SENIOR LIVING INC 1.9%

Value $2.863M Shares 328,290 Share Price $8.72 * Est. Cost/Share $25.62 Unrealized @ Report Date -69.2%

MODD MODULAR MED INC 0.7%

Value $995K Shares 1,015,152 Share Price $0.98 * Est. Cost/Share $2.49 Unrealized @ Report Date -45.4%

NRP NATURAL RESOURCE PARTNERS L 0.6%

Value $964K Shares 18,285 Share Price $52.74 Est. Cost/Share $44.25 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,608,467	$19.27M	12.8%	$5.34 *	$2.96	+54.6%	COM	294375209
FENC	FENNEC PHARMACEUTICALS INC	1,439,028	$12.71M	8.5%	$8.83 *	$5.49	+51.4%	COM	31447P100
AMBP	ARDAGH METAL PACKAGING S A	3,268,792	$12.29M	8.2%	$3.76 *	$3.91	-28.4%	SHS	L02235106
—	THE AARONS COMPANY INC	852,569	$12.06M	8.0%	$14.14	$18.14	—	COM	00258W108
ASTL	ALGOMA STL GROUP INC	1,593,618	$11.31M	7.5%	$7.10	$8.52	-17.9%	COM	015658107
KD	KYNDRYL HLDGS INC	772,051	$10.25M	6.8%	$13.28	$10.34	+30.9%	COMMON STOCK	50155Q100
LILAK	LIBERTY LATIN AMERICA LTD	1,004,701	$8.661M	5.8%	$8.62 *	$8.93	-8.2%	COM CL C	G9001E128
GAP	GAP INC	844,250	$7.539M	5.0%	$8.93 *	$10.86	-25.3%	COM	364760108
SPWH	SPORTSMANS WHSE HLDGS INC	1,310,540	$7.47M	5.0%	$5.70 *	$7.70	-21.8%	COM	84920Y106
FIP	FTAI INFRASTRUCTURE INC	1,723,533	$6.36M	4.2%	$3.69 *	$2.61	+17.2%	COMMON STOCK	35953C106
CRC	CALIFORNIA RES CORP	137,000	$6.205M	4.1%	$45.29 *	$38.05	-1.3%	COM STOCK	13057Q305
ONL	ORION OFFICE REIT INC	812,010	$5.367M	3.6%	$6.61	$10.30	—	COM	68629Y103
CVEO	CIVEO CORP CDA	264,396	$5.15M	3.4%	$19.48 *	$22.38	-16.2%	COM NEW	17878Y207
GTX	GARRETT MOTION INC	662,502	$5.015M	3.3%	$7.57 *	$8.02	0.0%	COM	366505105
CGNT	COGNYTE SOFTWARE LTD	788,761	$4.804M	3.2%	$6.09 *	$4.41	+5.6%	ORD SHS	M25133105
LEE	LEE ENTERPRISES INC	307,478	$4.105M	2.7%	$13.35 *	$19.61	-35.6%	COM	523768406
—	QUANTUM CORP	3,736,620	$4.036M	2.7%	$1.08	$1.29	—	COM NEW	747906501
GIFI	GULF IS FABRICATION INC	881,717	$2.866M	1.9%	$3.25 *	$3.97	-14.8%	COM	402307102
SNDA	SONIDA SENIOR LIVING INC	328,290	$2.863M	1.9%	$8.72 *	$25.62	-69.2%	COM	140475203
MODD	MODULAR MED INC	1,015,152	$995K	0.7%	$0.98 *	$2.49	-45.4%	COM NEW	60785L207
NRP	NATURAL RESOURCE PARTNERS L	18,285	$964K	0.6%	$52.74	$44.25	—	COM UNIT LTD PAR	63900P608