Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value: $179M (100.0% shares, 0.0% debt)

Holdings (20)

EPSN EPSILON ENERGY LTD 15.3%

Value $27.26M Shares 3,694,040 Share Price $7.38 * Est. Cost/Share $3.04 Unrealized @ Report Date +127.4%

FENC FENNEC PHARMACEUTICALS INC 10.4%

Value $18.53M Shares 2,232,902 Share Price $8.30 * Est. Cost/Share $6.02 Unrealized @ Report Date +13.7%

GO GROCERY OUTLET HLDG CORP 6.8%

Value $12.17M Shares 979,681 Share Price $12.42 * Est. Cost/Share $14.79 Unrealized @ Report Date -3.9%

ACOG ALPHA COGNITION INC 6.7%

Value $11.91M Shares 1,276,012 Share Price $9.33 * Est. Cost/Share $5.61 Unrealized @ Report Date +30.7%

SNDA SONIDA SENIOR LIVING INC 6.6%

Value $11.84M Shares 474,711 Share Price $24.95 * Est. Cost/Share $21.46 Unrealized @ Report Date +10.8%

ASIX ADVANSIX INC 6.0%

Value $10.66M Shares 449,006 Share Price $23.75 * Est. Cost/Share $22.15 Unrealized @ Report Date 0.0%

AAP ADVANCE AUTO PARTS INC 5.6%

Value $9.952M Shares 214,061 Share Price $46.49 * Est. Cost/Share $55.13 Unrealized @ Report Date -28.4%

ASTL ALGOMA STL GROUP INC 5.5%

Value $9.866M Shares 1,431,936 Share Price $6.89 * Est. Cost/Share $8.15 Unrealized @ Report Date -31.7%

REGN REGENERON PHARMACEUTICALS 5.5%

Value $9.762M Shares 18,594 Share Price $525.00 * Est. Cost/Share $556.12 Unrealized @ Report Date 0.0%

SNWV SANUWAVE HEALTH INC 5.5%

Value $9.749M Shares 296,691 Share Price $32.86 * Est. Cost/Share $28.49 Unrealized @ Report Date +6.1%

— WALGREENS BOOTS ALLIANCE INC 5.0%

Value $8.855M Shares 771,300 Share Price $11.48 Est. Cost/Share $16.65 Unrealized @ Report Date —

VTOL BRISTOW GROUP INC 4.6%

Value $8.249M Shares 250,194 Share Price $32.97 * Est. Cost/Share $30.16 Unrealized @ Report Date 0.0%

GT GOODYEAR TIRE & RUBR CO 4.1%

Value $7.319M Shares 705,784 Share Price $10.37 * Est. Cost/Share $10.59 Unrealized @ Report Date 0.0%

— ZIMVIE INC 3.6%

Value $6.42M Shares 686,634 Share Price $9.35 Est. Cost/Share $12.62 Unrealized @ Report Date —

MERC MERCER INTL INC 3.3%

Value $5.863M Shares 1,675,142 Share Price $3.50 * Est. Cost/Share $5.41 Unrealized @ Report Date -25.1%

LEE LEE ENTERPRISES INC 1.7%

Value $3.026M Shares 472,748 Share Price $6.40 * Est. Cost/Share $16.76 Unrealized @ Report Date -54.5%

— THE ODP CORP 1.4%

Value $2.559M Shares 141,145 Share Price $18.13 Est. Cost/Share $18.13 Unrealized @ Report Date —

MODD MODULAR MED INC 1.3%

Value $2.369M Shares 3,179,590 Share Price $0.75 * Est. Cost/Share $1.88 Unrealized @ Report Date -52.5%

SPWH SPORTSMANS WHSE HLDGS INC 1.2%

Value $2.178M Shares 631,296 Share Price $3.45 * Est. Cost/Share $4.89 Unrealized @ Report Date -54.1%

CTRN CITI TRENDS INC 0.1%

Value $163K Shares 4,875 Share Price $33.39 * Est. Cost/Share $17.85 Unrealized @ Report Date +42.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EPSN	EPSILON ENERGY LTD	3,694,040	$27.26M	15.3%	$7.38 *	$3.04	+127.4%	COM	294375209
FENC	FENNEC PHARMACEUTICALS INC	2,232,902	$18.53M	10.4%	$8.30 *	$6.02	+13.7%	COM	31447P100
GO	GROCERY OUTLET HLDG CORP	979,681	$12.17M	6.8%	$12.42 *	$14.79	-3.9%	COM	39874R101
ACOG	ALPHA COGNITION INC	1,276,012	$11.91M	6.7%	$9.33 *	$5.61	+30.7%	COM NEW	02074J501
SNDA	SONIDA SENIOR LIVING INC	474,711	$11.84M	6.6%	$24.95 *	$21.46	+10.8%	COM	140475203
ASIX	ADVANSIX INC	449,006	$10.66M	6.0%	$23.75 *	$22.15	0.0%	COM	00773T101
AAP	ADVANCE AUTO PARTS INC	214,061	$9.952M	5.6%	$46.49 *	$55.13	-28.4%	COM	00751Y106
ASTL	ALGOMA STL GROUP INC	1,431,936	$9.866M	5.5%	$6.89 *	$8.15	-31.7%	COM	015658107
REGN	REGENERON PHARMACEUTICALS	18,594	$9.762M	5.5%	$525.00 *	$556.12	0.0%	COM	75886F107
SNWV	SANUWAVE HEALTH INC	296,691	$9.749M	5.5%	$32.86 *	$28.49	+6.1%	COM	80303D305
—	WALGREENS BOOTS ALLIANCE INC	771,300	$8.855M	5.0%	$11.48	$16.65	—	COM	931427108
VTOL	BRISTOW GROUP INC	250,194	$8.249M	4.6%	$32.97 *	$30.16	0.0%	COM	11040G103
GT	GOODYEAR TIRE & RUBR CO	705,784	$7.319M	4.1%	$10.37 *	$10.59	0.0%	COM	382550101
—	ZIMVIE INC	686,634	$6.42M	3.6%	$9.35	$12.62	—	COM	98888T107
MERC	MERCER INTL INC	1,675,142	$5.863M	3.3%	$3.50 *	$5.41	-25.1%	COM	588056101
LEE	LEE ENTERPRISES INC	472,748	$3.026M	1.7%	$6.40 *	$16.76	-54.5%	COM	523768406
—	THE ODP CORP	141,145	$2.559M	1.4%	$18.13	$18.13	—	COM	88337F105
MODD	MODULAR MED INC	3,179,590	$2.369M	1.3%	$0.75 *	$1.88	-52.5%	COM NEW	60785L207
SPWH	SPORTSMANS WHSE HLDGS INC	631,296	$2.178M	1.2%	$3.45 *	$4.89	-54.1%	COM	84920Y106
CTRN	CITI TRENDS INC	4,875	$163K	0.1%	$33.39 *	$17.85	+42.7%	COM	17306X102