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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AEGLEA BIOTHERAPEUTICS INC COM 00773J103 7,902 1,602,903 SH   SOLE   1,602,903 0 0
AKEBIA THERAPEUTICS INC COM 00972D105 26,908 1,367,947 SH   SOLE   1,367,947 0 0
ALTABA INC COM 021346101 67,677 1,021,691 SH   SOLE   1,021,691 0 0
AMERICAS CAR MART INC COM 03062T105 3,469 84,348 SH   SOLE   84,348 0 0
ARMSTRONG FLOORING INC COM 04238R106 19,541 1,240,677 SH   SOLE   1,240,677 0 0
ARQULE INC COM 04269E107 11,366 10,239,751 SH   SOLE   10,239,751 0 0
ASCENT CAP GROUP INC COM SER A 043632108 9,043 693,504 SH   SOLE   693,504 0 0
AVEXIS INC COM 05366U100 9,673 100,000 SH Put SOLE   100,000 0 0
BANCORP INC DEL COM 05969A105 20,675 2,500,000 SH   SOLE   2,500,000 0 0
BLOCK H & R INC COM 093671105 21,184 800,000 SH Put SOLE   800,000 0 0
BRIDGEPOINT ED INC COM 10807M105 12,275 1,278,682 SH   SOLE   1,278,682 0 0
BRIDGEPOINT ED INC COM 10807M105 5,280 550,000 SH Call SOLE   550,000 0 0
CHEMOCENTRYX INC COM 16383L106 5,029 677,779 SH   SOLE   677,779 0 0
CODEXIS INC COM 192005106 43,230 6,500,679 SH   SOLE   6,500,679 0 0
COGENTIX MED INC COM 19243A104 9,318 3,639,853 SH   SOLE   3,639,853 0 0
DOLBY LABORATORIES INC COM 25659T107 44,543 774,397 SH   SOLE   774,397 0 0
DOLBY LABORATORIES INC COM 25659T107 5,752 100,000 SH Call SOLE   100,000 0 0
DOVER DOWNS GAMING & ENTMT I COM 260095104 1,627 1,579,641 SH   SOLE   1,579,641 0 0
DOVER MOTORSPORTS INC COM 260174107 3,538 1,725,789 SH   SOLE   1,725,789 0 0
ELEVATE CREDIT INC COM 28621V101 3,647 596,900 SH   SOLE   596,900 0 0
EMMIS COMMUNICATIONS CORP COM NEW CL A 291525400 3,629 1,092,951 SH   SOLE   1,092,951 0 0
EVOLUTION PETROLEUM CORP COM 30049A107 940 130,615 SH   SOLE   130,615 0 0
EXACT SCIENCES CORP COM 30063P105 9,424 200,000 SH Put SOLE   200,000 0 0
EXACT SCIENCES CORP COM 30063P105 28,272 600,000 SH Put SOLE   600,000 0 0
EXACT SCIENCES CORP COM 30063P105 61,256 1,300,000 SH Put SOLE   1,300,000 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 39,402 2,200,000 SH Call SOLE   2,200,000 0 0
FINTECH ACQUISITION CORP II *W EXP 01/19/202 31810G117 317 249,999 SH   SOLE   249,999 0 0
FINTECH ACQUISITION CORP II COM 31810G109 4,900 499,998 SH   SOLE   499,998 0 0
FIRSTCASH INC COM 33767D105 27,170 430,250 SH   SOLE   430,250 0 0
GAMESTOP CORP NEW CL A 36467W109 6,198 300,000 SH Put SOLE   300,000 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 25,746 7,528,066 SH   SOLE   7,528,066 0 0
GOLDEN ENTMT INC COM 381013101 26,607 1,091,329 SH   SOLE   1,091,329 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 11,180 500,000 SH Call SOLE   500,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 6,708 300,000 SH Call SOLE   300,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 66,681 450,000 SH Put SOLE   450,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 78,535 530,000 SH Put SOLE   530,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 44,454 300,000 SH Put SOLE   300,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 74,090 500,000 SH Put SOLE   500,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 74,090 500,000 SH Put SOLE   500,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 133,362 900,000 SH Put SOLE   900,000 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 74,090 500,000 SH Put SOLE   500,000 0 0
JAMBA INC COM NEW 47023A309 11,266 1,303,929 SH   SOLE   1,303,929 0 0
LEE ENTERPRISES INC COM 523768109 1,034 470,000 SH   SOLE   470,000 0 0
LIBERTY TAX INC CL A 53128T102 3,358 233,198 SH   SOLE   233,198 0 0
LINCOLN EDL SVCS CORP COM 533535100 5,075 2,029,877 SH   SOLE   2,029,877 0 0
LUXFER HLDGS PLC SPONSORED ADR 550678106 29,353 2,357,651 SH   SOLE   2,357,651 0 0
MEDICINES CO COM 584688105 3,704 100,000 SH Call SOLE   100,000 0 0
MEDICINES CO COM 584688105 7,408 200,000 SH Call SOLE   200,000 0 0
META FINL GROUP INC COM 59100U108 35,119 447,952 SH   SOLE   447,952 0 0
MFC BANCORP LTD USD MFC SHS G60630103 1,483 157,930 SH   SOLE   157,930 0 0
NATURES SUNSHINE PRODUCTS IN COM 639027101 5,187 510,989 SH   SOLE   510,989 0 0
NOW INC COM 67011P100 2,072 150,000 SH   SOLE   150,000 0 0
ON DECK CAP INC COM 682163100 9,335 1,999,020 SH   SOLE   1,999,020 0 0
OSPREY ENERGY ACQUISITION CO UNIT 07/21/2022 688397207 9,960 1,000,000 SH   SOLE   1,000,000 0 0
OWENS RLTY MTG INC COM 690828108 11,142 611,878 SH   SOLE   611,878 0 0
PAIN THERAPEUTICS INC COM NEW 69562K506 1,413 347,053 SH   SOLE   347,053 0 0
PETMED EXPRESS INC COM 716382106 6,630 200,000 SH Put SOLE   200,000 0 0
PETMED EXPRESS INC COM 716382106 6,630 200,000 SH Put SOLE   200,000 0 0
QAD INC CL A 74727D306 26,483 770,973 SH   SOLE   770,973 0 0
RADIANT LOGISTICS INC COM 75025X100 3,273 616,400 SH   SOLE   616,400 0 0
REPUBLIC BANCORP KY CL A 760281204 287 7,371 SH   SOLE   7,371 0 0
RH COM 74967X103 84,384 1,200,000 SH Call SOLE   1,200,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 22,925 500,000 SH   SOLE   500,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 45,850 1,000,000 SH Call SOLE   1,000,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 6,483 141,400 SH Call SOLE   141,400 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 82,466 1,798,600 SH Call SOLE   1,798,600 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 9,170 200,000 SH Call SOLE   200,000 0 0
SEARS HLDGS CORP COM 812350106 3,650 500,000 SH Call SOLE   500,000 0 0
SEARS HLDGS CORP COM 812350106 3,650 500,000 SH Call SOLE   500,000 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 4,016 1,575,051 SH   SOLE   1,575,051 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 33,225 500,000 SH   SOLE   500,000 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 19,935 300,000 SH Call SOLE   300,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 150,738 600,000 SH Call SOLE   600,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 75,369 300,000 SH Put SOLE   300,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 100,492 400,000 SH Put SOLE   400,000 0 0
STREAMLINE HEALTH SOLUTIONS COM 86323X106 2,588 1,760,297 SH   SOLE   1,760,297 0 0
TILLYS INC CL A 886885102 2,689 224,239 SH   SOLE   224,239 0 0
TRANS WORLD ENTMT CORP COM 89336Q100 3,642 1,820,939 SH   SOLE   1,820,939 0 0
UNIQURE NV SHS N90064101 10,751 1,119,883 SH   SOLE   1,119,883 0 0
UNIVERSAL TECHNICAL INST INC COM 913915104 2,318 667,946 SH   SOLE   667,946 0 0
WORLD ACCEP CORP DEL COM 981419104 37,040 446,861 SH   SOLE   446,861 0 0
WORLD ACCEP CORP DEL COM 981419104 29,012 350,000 SH Call SOLE   350,000 0 0