Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $151M (100.0% shares, 0.0% debt)

Holdings (19)

EPSN EPSILON ENERGY LTD 15.5%

Value $23.4M Shares 3,768,467 Share Price $6.21 * Est. Cost/Share $3.04 Unrealized @ Report Date +84.3%

FENC FENNEC PHARMACEUTICALS INC 9.4%

Value $14.23M Shares 2,250,919 Share Price $6.32 * Est. Cost/Share $6.02 Unrealized @ Report Date -14.9%

PARR PAR PAC HOLDINGS INC 8.7%

Value $13.03M Shares 795,000 Share Price $16.39 * Est. Cost/Share $17.93 Unrealized @ Report Date -5.9%

SNDA SONIDA SENIOR LIVING INC 7.8%

Value $11.75M Shares 508,917 Share Price $23.08 * Est. Cost/Share $21.41 Unrealized @ Report Date +14.7%

AAP ADVANCE AUTO PARTS INC 7.4%

Value $11.14M Shares 235,484 Share Price $47.29 * Est. Cost/Share $57.82 Unrealized @ Report Date -31.6%

— WALGREENS BOOTS ALLIANCE INC 6.9%

Value $10.42M Shares 1,116,787 Share Price $9.33 Est. Cost/Share $16.65 Unrealized @ Report Date —

ASTL ALGOMA STL GROUP INC 6.9%

Value $10.37M Shares 1,060,646 Share Price $9.78 * Est. Cost/Share $8.43 Unrealized @ Report Date +20.1%

AMBP ARDAGH METAL PACKAGING S A 6.7%

Value $10.12M Shares 3,361,378 Share Price $3.01 * Est. Cost/Share $3.66 Unrealized @ Report Date -12.0%

ACOG ALPHA COGNITION INC 5.4%

Value $8.096M Shares 1,393,328 Share Price $5.81 * Est. Cost/Share $5.61 Unrealized @ Report Date 0.0%

LEE LEE ENTERPRISES INC 4.7%

Value $7.127M Shares 482,212 Share Price $14.78 * Est. Cost/Share $16.76 Unrealized @ Report Date -7.7%

MERC MERCER INTL INC 4.6%

Value $7M Shares 1,077,000 Share Price $6.50 * Est. Cost/Share $6.27 Unrealized @ Report Date 0.0%

— ZIMVIE INC 3.6%

Value $5.437M Shares 389,756 Share Price $13.95 Est. Cost/Share $15.94 Unrealized @ Report Date —

— MURAL ONCOLOGY PUB LTD CO 2.7%

Value $4.086M Shares 1,269,000 Share Price $3.22 Est. Cost/Share $4.17 Unrealized @ Report Date —

CTRN CITI TRENDS INC 2.6%

Value $3.975M Shares 151,412 Share Price $26.25 * Est. Cost/Share $17.85 Unrealized @ Report Date +17.9%

MODD MODULAR MED INC 2.3%

Value $3.399M Shares 2,481,095 Share Price $1.37 * Est. Cost/Share $2.11 Unrealized @ Report Date -8.5%

SPWH SPORTSMANS WHSE HLDGS INC 2.0%

Value $2.956M Shares 1,107,137 Share Price $2.67 * Est. Cost/Share $7.04 Unrealized @ Report Date -64.4%

— CONTEXTLOGIC INC 1.7%

Value $2.497M Shares 355,154 Share Price $7.03 Est. Cost/Share $6.48 Unrealized @ Report Date —

KD KYNDRYL HLDGS INC 0.6%

Value $928K Shares 26,818 Share Price $34.60 * Est. Cost/Share $17.57 Unrealized @ Report Date +65.7%

VSTS VESTIS CORPORATION 0.4%

Value $631K Shares 41,386 Share Price $15.24 Est. Cost/Share $14.45 Unrealized @ Report Date +4.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,768,467	$23.4M	15.5%	$6.21 *	$3.04	+84.3%	COM	294375209
FENC	FENNEC PHARMACEUTICALS INC	2,250,919	$14.23M	9.4%	$6.32 *	$6.02	-14.9%	COM	31447P100
PARR	PAR PAC HOLDINGS INC	795,000	$13.03M	8.7%	$16.39 *	$17.93	-5.9%	COM NEW	69888T207
SNDA	SONIDA SENIOR LIVING INC	508,917	$11.75M	7.8%	$23.08 *	$21.41	+14.7%	COM	140475203
AAP	ADVANCE AUTO PARTS INC	235,484	$11.14M	7.4%	$47.29 *	$57.82	-31.6%	COM	00751Y106
—	WALGREENS BOOTS ALLIANCE INC	1,116,787	$10.42M	6.9%	$9.33	$16.65	—	COM	931427108
ASTL	ALGOMA STL GROUP INC	1,060,646	$10.37M	6.9%	$9.78 *	$8.43	+20.1%	COM	015658107
AMBP	ARDAGH METAL PACKAGING S A	3,361,378	$10.12M	6.7%	$3.01 *	$3.66	-12.0%	SHS	L02235106
ACOG	ALPHA COGNITION INC	1,393,328	$8.096M	5.4%	$5.81 *	$5.61	0.0%	COM NEW	02074J501
LEE	LEE ENTERPRISES INC	482,212	$7.127M	4.7%	$14.78 *	$16.76	-7.7%	COM	523768406
MERC	MERCER INTL INC	1,077,000	$7M	4.6%	$6.50 *	$6.27	0.0%	COM	588056101
—	ZIMVIE INC	389,756	$5.437M	3.6%	$13.95	$15.94	—	COM	98888T107
—	MURAL ONCOLOGY PUB LTD CO	1,269,000	$4.086M	2.7%	$3.22	$4.17	—	ORD SHS	G63365103
CTRN	CITI TRENDS INC	151,412	$3.975M	2.6%	$26.25 *	$17.85	+17.9%	COM	17306X102
MODD	MODULAR MED INC	2,481,095	$3.399M	2.3%	$1.37 *	$2.11	-8.5%	COM NEW	60785L207
SPWH	SPORTSMANS WHSE HLDGS INC	1,107,137	$2.956M	2.0%	$2.67 *	$7.04	-64.4%	COM	84920Y106
—	CONTEXTLOGIC INC	355,154	$2.497M	1.7%	$7.03	$6.48	—	CL A NEW	21077C305
KD	KYNDRYL HLDGS INC	26,818	$928K	0.6%	$34.60 *	$17.57	+65.7%	COMMON STOCK	50155Q100
VSTS	VESTIS CORPORATION	41,386	$631K	0.4%	$15.24	$14.45	+4.2%	COM SHS	29430C102