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
B RILEY PRIN 250 MERGER CORP UNIT 04/06/2026 05602L203 361 36,374 SH   SOLE   36,374 0 0
B RILEY PRIN 250 MERGER CORP UNIT 04/06/2026 05602L203 136 13,626 SH   OTR 1 13,626 0 0
B RILEY PRINCIPAL 150 MERGER UNIT 99/99/9999 05601V202 567 55,959 SH   SOLE   55,959 0 0
BABCOCK & WILCOX ENTERPRISES COM 05614L209 400 50,776 SH   SOLE   50,776 0 0
BOWMAN CONSULTING GROUP LTD COM 103002101 2,105 151,925 SH   SOLE   151,925 0 0
BOWMAN CONSULTING GROUP LTD COM 103002101 664 47,975 SH   OTR 1 47,975 0 0
CHATHAM LODGING TR COM 16208T102 3,392 263,586 SH   SOLE   263,586 0 0
CHATHAM LODGING TR COM 16208T102 683 53,078 SH   OTR 1 53,078 0 0
COLOMBIER ACQUISITION CORP UNIT 99/99/9999 19533H207 313 31,600 SH   SOLE   31,600 0 0
DANAOS CORPORATION SHS Y1968P121 13,013 169,468 SH   SOLE   169,468 0 0
DANAOS CORPORATION SHS Y1968P121 3,165 41,212 SH   OTR 1 41,212 0 0
DANAOS CORPORATION CALL Y1968P121 2,058 26,800 SH Call OTR 1 0 0 26,800
EAGLE BULK SHIPPING INC COM Y2187A150 2,055 43,432 SH   SOLE   43,432 0 0
EAGLE BULK SHIPPING INC COM Y2187A150 484 10,229 SH   OTR 1 10,229 0 0
ELOXX PHARMACEUTICALS INC COM 29014R103 100 50,000 SH   SOLE   50,000 0 0
GILDAN ACTIVEWEAR INC COM 375916103 2,687 72,770 SH   SOLE   72,770 0 0
GRANITE PT MTG TR INC COM STK 38741L107 2,069 140,275 SH   SOLE   140,275 0 0
GRANITE PT MTG TR INC COM STK 38741L107 342 23,216 SH   OTR 1 23,216 0 0
INSPIRED ENTMT INC COM 45782N108 3,605 282,736 SH   SOLE   282,736 0 0
INSPIRED ENTMT INC COM 45782N108 1,062 83,307 SH   OTR 1 83,307 0 0
LADDER CAP CORP CL A 505743104 3,737 323,861 SH   SOLE   323,861 0 0
LADDER CAP CORP CL A 505743104 1,252 108,500 SH   OTR 1 108,500 0 0
LANDS END INC NEW COM 51509F105 3,762 91,625 SH   SOLE   91,625 0 0
LANDS END INC NEW COM 51509F105 790 19,263 SH   OTR 1 19,263 0 0
M/I HOMES INC COM 55305B101 1,624 27,679 SH   SOLE   27,679 0 0
M/I HOMES INC COM 55305B101 485 8,261 SH   OTR 1 8,261 0 0
MEDALLION FINL CORP COM 583928106 2,642 298,239 SH   SOLE   298,239 0 0
MEDALLION FINL CORP COM 583928106 771 86,999 SH   OTR 1 86,999 0 0
MFA FINL INC COM 55272X102 612 133,293 SH   SOLE   133,293 0 0
MFA FINL INC COM 55272X102 187 40,693 SH   OTR 1 40,693 0 0
MISTRAS GROUP INC COM 60649T107 2,981 303,202 SH   SOLE   303,202 0 0
MISTRAS GROUP INC COM 60649T107 967 98,392 SH   OTR 1 98,392 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409 2,795 94,564 SH   SOLE   94,564 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409 885 29,928 SH   OTR 1 29,928 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 1,914 428,071 SH   SOLE   428,071 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 1,588 355,365 SH   OTR 1 355,365 0 0
NEXGEN ENERGY LTD COM 65340P106 2,004 488,817 SH   SOLE   488,817 0 0
NEXGEN ENERGY LTD COM 65340P106 645 157,389 SH   OTR 1 157,389 0 0
RENT A CTR INC NEW COM 76009N100 2,916 54,946 SH   SOLE   54,946 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 2,364 70,000 SH   SOLE   70,000 0 0
TPG RE FIN TR INC COM 87266M107 6,904 513,314 SH   SOLE   513,314 0 0
TPG RE FIN TR INC COM 87266M107 1,779 132,286 SH   OTR 1 132,286 0 0
TUESDAY MORNING CORP COM 89904V101 4,084 907,727 SH   SOLE   907,727 0 0
TUESDAY MORNING CORP COM 89904V101 1,078 239,456 SH   OTR 1 239,456 0 0
ZIM INTEGRATED SHIPPING SERV SHS M9T951109 1,244 27,688 SH   SOLE   27,688 0 0