Solas Capital Management, LLC Diversified Active

Location: Darien, CT

CIK: 0001604867 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 14, 2022

Total Value: $164M (100.0% shares, 0.0% debt)

Holdings (22)

EPSN EPSILON ENERGY LTD 12.7%

Value $20.91M Shares 3,308,467 Share Price $6.32 * Est. Cost/Share $2.77 Unrealized @ Report Date +101.1%

LILAK LIBERTY LATIN AMERICA LTD 8.0%

Value $13.2M Shares 2,147,000 Share Price $6.15 * Est. Cost/Share $8.93 Unrealized @ Report Date -20.8%

PARR PAR PAC HOLDINGS INC 6.1%

Value $10.07M Shares 613,481 Share Price $16.41 * Est. Cost/Share $15.12 Unrealized @ Report Date +12.3%

AMBP ARDAGH METAL PACKAGING S A 5.7%

Value $9.281M Shares 1,917,462 Share Price $4.84 * Est. Cost/Share $4.30 Unrealized @ Report Date 0.0%

FENC FENNEC PHARMACEUTICALS INC 5.6%

Value $9.162M Shares 1,131,167 Share Price $8.10 * Est. Cost/Share $4.64 Unrealized @ Report Date +48.0%

— THE AARONS COMPANY INC 5.5%

Value $9.078M Shares 934,000 Share Price $9.72 Est. Cost/Share $18.60 Unrealized @ Report Date —

ASTL ALGOMA STL GROUP INC 5.5%

Value $9.031M Shares 1,402,260 Share Price $6.44 * Est. Cost/Share $8.85 Unrealized @ Report Date -7.3%

FLEX FLEX LTD 5.5%

Value $9.005M Shares 540,500 Share Price $16.66 * Est. Cost/Share $12.57 Unrealized @ Report Date +1.6%

— GARRETT MOTION INC 5.3%

Value $8.757M Shares 1,256,128 Share Price $6.97 Est. Cost/Share $8.16 Unrealized @ Report Date —

— THE ODP CORP 5.1%

Value $8.385M Shares 238,547 Share Price $35.15 Est. Cost/Share $38.98 Unrealized @ Report Date —

CAKE CHEESECAKE FACTORY INC 5.0%

Value $8.228M Shares 281,000 Share Price $29.28 * Est. Cost/Share $27.70 Unrealized @ Report Date 0.0%

— HILL INTL INC 4.9%

Value $8.004M Shares 2,410,719 Share Price $3.32 Est. Cost/Share $2.03 Unrealized @ Report Date —

ONL ORION OFFICE REIT INC 4.4%

Value $7.271M Shares 831,021 Share Price $8.75 Est. Cost/Share $11.23 Unrealized @ Report Date —

GAP GAP INC 4.2%

Value $6.921M Shares 843,000 Share Price $8.21 Est. Cost/Share $8.15 Unrealized @ Report Date 0.0%

CGNT COGNYTE SOFTWARE LTD 3.5%

Value $5.693M Shares 1,409,134 Share Price $4.04 * Est. Cost/Share $5.80 Unrealized @ Report Date -18.3%

SNDA SONIDA SENIOR LIVING INC 2.7%

Value $4.498M Shares 276,971 Share Price $16.24 * Est. Cost/Share $27.58 Unrealized @ Report Date -29.1%

LEE LEE ENTERPRISES INC 2.5%

Value $4.081M Shares 231,895 Share Price $17.60 * Est. Cost/Share $21.15 Unrealized @ Report Date -11.9%

GIFI GULF IS FABRICATION INC 2.2%

Value $3.677M Shares 881,717 Share Price $4.17 * Est. Cost/Share $3.97 Unrealized @ Report Date -6.3%

— QUANTUM CORP 2.2%

Value $3.657M Shares 3,386,000 Share Price $1.08 Est. Cost/Share $1.39 Unrealized @ Report Date —

MODD MODULAR MED INC 1.1%

Value $1.863M Shares 452,152 Share Price $4.12 * Est. Cost/Share $3.90 Unrealized @ Report Date +16.6%

— AUDACY INC 1.1%

Value $1.738M Shares 4,501,800 Share Price $0.39 Est. Cost/Share $2.40 Unrealized @ Report Date —

NRP NATURAL RESOURCE PARTNERS L 0.9%

Value $1.517M Shares 34,284 Share Price $44.25 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	3,308,467	$20.91M	12.7%	$6.32 *	$2.77	+101.1%	COM	294375209
LILAK	LIBERTY LATIN AMERICA LTD	2,147,000	$13.2M	8.0%	$6.15 *	$8.93	-20.8%	COM CL C	G9001E128
PARR	PAR PAC HOLDINGS INC	613,481	$10.07M	6.1%	$16.41 *	$15.12	+12.3%	COM NEW	69888T207
AMBP	ARDAGH METAL PACKAGING S A	1,917,462	$9.281M	5.7%	$4.84 *	$4.30	0.0%	SHS	L02235106
FENC	FENNEC PHARMACEUTICALS INC	1,131,167	$9.162M	5.6%	$8.10 *	$4.64	+48.0%	COM	31447P100
—	THE AARONS COMPANY INC	934,000	$9.078M	5.5%	$9.72	$18.60	—	COM	00258W108
ASTL	ALGOMA STL GROUP INC	1,402,260	$9.031M	5.5%	$6.44 *	$8.85	-7.3%	COM	015658107
FLEX	FLEX LTD	540,500	$9.005M	5.5%	$16.66 *	$12.57	+1.6%	ORD	Y2573F102
—	GARRETT MOTION INC	1,256,128	$8.757M	5.3%	$6.97	$8.16	—	PFD CONV SER A	366505204
—	THE ODP CORP	238,547	$8.385M	5.1%	$35.15	$38.98	—	COM	88337F105
CAKE	CHEESECAKE FACTORY INC	281,000	$8.228M	5.0%	$29.28 *	$27.70	0.0%	COM	163072101
—	HILL INTL INC	2,410,719	$8.004M	4.9%	$3.32	$2.03	—	COM	431466101
ONL	ORION OFFICE REIT INC	831,021	$7.271M	4.4%	$8.75	$11.23	—	COM	68629Y103
GAP	GAP INC	843,000	$6.921M	4.2%	$8.21	$8.15	0.0%	COM	364760108
CGNT	COGNYTE SOFTWARE LTD	1,409,134	$5.693M	3.5%	$4.04 *	$5.80	-18.3%	ORD SHS	M25133105
SNDA	SONIDA SENIOR LIVING INC	276,971	$4.498M	2.7%	$16.24 *	$27.58	-29.1%	COM	140475203
LEE	LEE ENTERPRISES INC	231,895	$4.081M	2.5%	$17.60 *	$21.15	-11.9%	COM	523768406
GIFI	GULF IS FABRICATION INC	881,717	$3.677M	2.2%	$4.17 *	$3.97	-6.3%	COM	402307102
—	QUANTUM CORP	3,386,000	$3.657M	2.2%	$1.08	$1.39	—	COM NEW	747906501
MODD	MODULAR MED INC	452,152	$1.863M	1.1%	$4.12 *	$3.90	+16.6%	COM NEW	60785L207
—	AUDACY INC	4,501,800	$1.738M	1.1%	$0.39	$2.40	—	CL A	05070N103
NRP	NATURAL RESOURCE PARTNERS L	34,284	$1.517M	0.9%	$44.25	$44.25	—	COM UNIT LTD PAR	63900P608