Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

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

Holdings (19)

EPSN EPSILON ENERGY LTD 13.9%

Value $19.9M Shares 3,768,467 Share Price $5.28 * Est. Cost/Share $3.04 Unrealized @ Report Date +63.9%

KD KYNDRYL HLDGS INC 12.1%

Value $17.23M Shares 1,141,181 Share Price $15.10 Est. Cost/Share $11.79 Unrealized @ Report Date +25.8%

FENC FENNEC PHARMACEUTICALS INC 9.1%

Value $12.96M Shares 1,725,567 Share Price $7.51 * Est. Cost/Share $5.93 Unrealized @ Report Date +37.2%

AMBP ARDAGH METAL PACKAGING S A 7.6%

Value $10.89M Shares 3,478,792 Share Price $3.13 * Est. Cost/Share $3.84 Unrealized @ Report Date -28.8%

ASTL ALGOMA STL GROUP INC 7.3%

Value $10.37M Shares 1,525,461 Share Price $6.80 Est. Cost/Share $8.52 Unrealized @ Report Date -19.8%

— THE AARONS COMPANY INC 7.2%

Value $10.25M Shares 979,006 Share Price $10.47 Est. Cost/Share $17.15 Unrealized @ Report Date —

LILAK LIBERTY LATIN AMERICA LTD 6.5%

Value $9.25M Shares 1,133,532 Share Price $8.16 * Est. Cost/Share $8.88 Unrealized @ Report Date -4.5%

AAP ADVANCE AUTO PARTS INC 5.8%

Value $8.362M Shares 149,500 Share Price $55.93 * Est. Cost/Share $63.61 Unrealized @ Report Date 0.0%

SPWH SPORTSMANS WHSE HLDGS INC 4.6%

Value $6.585M Shares 1,466,534 Share Price $4.49 * Est. Cost/Share $7.43 Unrealized @ Report Date -30.4%

GTX GARRETT MOTION INC 4.5%

Value $6.41M Shares 813,501 Share Price $7.88 * Est. Cost/Share $7.96 Unrealized @ Report Date -3.3%

CVEO CIVEO CORP CDA 4.3%

Value $6.158M Shares 297,074 Share Price $20.73 * Est. Cost/Share $21.91 Unrealized @ Report Date -17.3%

ONL ORION OFFICE REIT INC 3.9%

Value $5.533M Shares 1,062,010 Share Price $5.21 Est. Cost/Share $9.10 Unrealized @ Report Date —

FIP FTAI INFRASTRUCTURE INC 3.9%

Value $5.505M Shares 1,709,541 Share Price $3.22 Est. Cost/Share $2.61 Unrealized @ Report Date +25.9%

LEE LEE ENTERPRISES INC 3.0%

Value $4.284M Shares 400,011 Share Price $10.71 * Est. Cost/Share $17.89 Unrealized @ Report Date -32.0%

SNDA SONIDA SENIOR LIVING INC 2.1%

Value $3.027M Shares 336,680 Share Price $8.99 * Est. Cost/Share $25.21 Unrealized @ Report Date -63.3%

GIFI GULF IS FABRICATION INC 2.0%

Value $2.883M Shares 881,717 Share Price $3.27 Est. Cost/Share $3.97 Unrealized @ Report Date -16.1%

— QUANTUM CORP 1.2%

Value $1.711M Shares 2,805,443 Share Price $0.61 Est. Cost/Share $1.29 Unrealized @ Report Date —

MODD MODULAR MED INC 0.8%

Value $1.178M Shares 1,015,152 Share Price $1.16 * Est. Cost/Share $2.49 Unrealized @ Report Date -57.3%

NRP NATURAL RESOURCE PARTNERS L 0.3%

Value $461K Shares 5,848 Share Price $78.87 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	3,768,467	$19.9M	13.9%	$5.28 *	$3.04	+63.9%	COM	294375209
KD	KYNDRYL HLDGS INC	1,141,181	$17.23M	12.1%	$15.10	$11.79	+25.8%	COMMON STOCK	50155Q100
FENC	FENNEC PHARMACEUTICALS INC	1,725,567	$12.96M	9.1%	$7.51 *	$5.93	+37.2%	COM	31447P100
AMBP	ARDAGH METAL PACKAGING S A	3,478,792	$10.89M	7.6%	$3.13 *	$3.84	-28.8%	SHS	L02235106
ASTL	ALGOMA STL GROUP INC	1,525,461	$10.37M	7.3%	$6.80	$8.52	-19.8%	COM	015658107
—	THE AARONS COMPANY INC	979,006	$10.25M	7.2%	$10.47	$17.15	—	COM	00258W108
LILAK	LIBERTY LATIN AMERICA LTD	1,133,532	$9.25M	6.5%	$8.16 *	$8.88	-4.5%	COM CL C	G9001E128
AAP	ADVANCE AUTO PARTS INC	149,500	$8.362M	5.8%	$55.93 *	$63.61	0.0%	COM	00751Y106
SPWH	SPORTSMANS WHSE HLDGS INC	1,466,534	$6.585M	4.6%	$4.49 *	$7.43	-30.4%	COM	84920Y106
GTX	GARRETT MOTION INC	813,501	$6.41M	4.5%	$7.88 *	$7.96	-3.3%	COM	366505105
CVEO	CIVEO CORP CDA	297,074	$6.158M	4.3%	$20.73 *	$21.91	-17.3%	COM NEW	17878Y207
ONL	ORION OFFICE REIT INC	1,062,010	$5.533M	3.9%	$5.21	$9.10	—	COM	68629Y103
FIP	FTAI INFRASTRUCTURE INC	1,709,541	$5.505M	3.9%	$3.22	$2.61	+25.9%	COMMON STOCK	35953C106
LEE	LEE ENTERPRISES INC	400,011	$4.284M	3.0%	$10.71 *	$17.89	-32.0%	COM	523768406
SNDA	SONIDA SENIOR LIVING INC	336,680	$3.027M	2.1%	$8.99 *	$25.21	-63.3%	COM	140475203
GIFI	GULF IS FABRICATION INC	881,717	$2.883M	2.0%	$3.27	$3.97	-16.1%	COM	402307102
—	QUANTUM CORP	2,805,443	$1.711M	1.2%	$0.61	$1.29	—	COM NEW	747906501
MODD	MODULAR MED INC	1,015,152	$1.178M	0.8%	$1.16 *	$2.49	-57.3%	COM NEW	60785L207
NRP	NATURAL RESOURCE PARTNERS L	5,848	$461K	0.3%	$78.87	$44.25	—	COM UNIT LTD PAR	63900P608