PANGAEA LOGISTICS SOLUTION L

Ticker: PANL CUSIP: G6891L105 Class: Foreign Stock

Monashee Investment Management LLC's Holding History (CIK: 0001627608)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 15,041 Value ($000) $1 Avg Close $2.11 Range $1.60 - $2.76

Q4 2017

Shares 36,479 Value ($000) $134 Avg Close $2.56 Range $1.69 - $6.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	15,041	$1	$2.11	$1.60 - $2.76
Q4 2017	36,479	$134	$2.56	$1.69 - $6.30