The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ARCHER AVIATION INC COM CL A 03945R102   159,844 132,002 SH   SOLE 0 132,002 0 0
ARCHER AVIATION INC COM CL A 03945R102   24,865 13,297 SH   OTR 1 13,297 0 0
CATO CORP NEW CL A 149205106   1,906,856 204,379 SH   SOLE 0 204,379 0 0
CATO CORP NEW CL A 149205106   648,323 69,488 SH   OTR 1 69,488 0 0
DIVERSIFIED HEALTHCARE TR COM SH BEN INT 25525P107   1,134,996 1,754,786 SH   SOLE 0 1,754,786 0 0
DIVERSIFIED HEALTHCARE TR COM SH BEN INT 25525P107   394,999 610,698 SH   OTR 1 610,698 0 0
EMERALD HOLDING INC COM 29103W104   2,120,793 599,094 SH   SOLE 0 599,094 0 0
EMERALD HOLDING INC COM 29103W104   744,112 210,201 SH   OTR 1 210,201 0 0
EXPRESS INC COM 30219E103   730,397 716,075 SH   SOLE 0 716,075 0 0
EXPRESS INC COM 30219E103   248,962 244,080 SH   OTR 1 244,080 0 0
GASLOG PARTNERS LP UNIT LTD PTNRP Y2687W108   1,186,812 178,200 SH Call SOLE 0 0 0 178,200
GASLOG PARTNERS LP UNIT LTD PTNRP Y2687W108   411,588 61,800 SH Call OTR 1 0 0 61,800
GILDAN ACTIVEWEAR INC COM 375916103   1,941,728 70,866 SH   SOLE 0 70,866 0 0
GILDAN ACTIVEWEAR INC COM 375916103   713,414 26,037 SH   OTR 1 26,037 0 0
GRANITE PT MTG TR INC COM STK 38741L107   124,438 23,216 SH   OTR 1 23,216 0 0
INSPIRED ENTMT INC COM 45782N108   3,928,448 310,059 SH   SOLE 0 310,059 0 0
INSPIRED ENTMT INC COM 45782N108   1,628,348 128,520 SH   OTR 1 128,520 0 0
M/I HOMES INC COM 55305B101   3,659,534 79,245 SH   SOLE 0 79,245 0 0
M/I HOMES INC COM 55305B101   1,394,867 30,205 SH   OTR 1 30,205 0 0
MISTRAS GROUP INC COM 60649T107   1,864,265 378,147 SH   SOLE 0 378,147 0 0
MISTRAS GROUP INC COM 60649T107   717,345 145,506 SH   OTR 1 145,506 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62197119   404,150 230,943 SH   SOLE 0 230,943 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62197119   154,133 88,076 SH   OTR 1 88,076 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   3,942,623 151,873 SH   SOLE 0 151,873 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   1,664,010 64,099 SH   OTR 1 64,099 0 0
POLISHED COM INC COM 28252C109   86,273 149,339 SH   SOLE 0 149,339 0 0
POLISHED COM INC COM 28252C109   29,267 50,661 SH   OTR 1 50,661 0 0
POLISHED COM INC *W EXP 06/02/202 28252C117   49,810 622,622 SH   SOLE 0 622,622 0 0
POLISHED COM INC *W EXP 06/02/202 28252C117   17,234 215,428 SH   OTR 1 215,428 0 0
SAFE BULKERS INC COM Y7388L103   2,059,951 707,887 SH   SOLE 0 707,887 0 0
SAFE BULKERS INC COM Y7388L103   704,549 242,113 SH   OTR 1 242,113 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109   5,396,050 174,010 SH   SOLE 0 174,010 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109   1,897,502 61,190 SH   OTR 1 61,190 0 0
UNIVAR SOLUTIONS INC COM 91336L107   3,224,520 101,400 SH   SOLE 0 101,400 0 0
UNIVAR SOLUTIONS INC COM 91336L107   1,100,280 34,600 SH   OTR 1 34,600 0 0
UNIVAR SOLUTIONS INC COM 91336L107   3,224,520 101,400 SH Put SOLE 0 0 0 101,400
UNIVAR SOLUTIONS INC COM 91336L107   1,100,280 34,600 SH Put OTR 1 0 0 34,600