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
ALTA EQUIPMENT GROUP INC COMMON STOCK 02128L106 69,689 5,638,247 SH   DFND 1 5,638,247 0 0
APPHARVEST INC COM 03783T103 617 114,874 SH   DFND   114,874 0 0
THE ARENA GROUP HOLDINGS INC COM 040044109 37,185 3,433,532 SH   DFND   3,433,532 0 0
THE ARENA GROUP HOLDINGS INC COM 040044109 12,555 1,159,261 SH   DFND 1 1,159,261 0 0
B RILEY PRINCIPAL 150 MERGER UNIT 99/99/9999 05601V202 5,372 520,000 SH   DFND   520,000 0 0
B RILEY PRIN 250 MERGER CORP UNIT 04/06/2026 05602L203 5,994 600,000 SH   DFND   600,000 0 0
BABCOCK & WILCOX ENTERPRISES COM 05614L209 111,911 13,714,574 SH   DFND   13,714,574 0 0
BABCOCK & WILCOX ENTERPRISES COM 05614L209 92,462 11,331,099 SH   DFND 1 11,331,099 0 0
CADIZ INC COM NEW 127537207 1,645 794,723 SH   DFND 1 794,723 0 0
CHARAH SOLUTIONS INC COM 15957P105 14,416 2,888,889 SH   DFND 1 2,888,889 0 0
COGNITION THERAPEUTICS INC COM 19243B102 85 30,904 SH   DFND 1 30,904 0 0
COLOMBIER ACQUISITION CORP *W EXP 99/99/999 19533H116 38 136,281 SH   DFND 1 136,281 0 0
COMPOSECURE INC COM CL A 20459V105 1,489 196,176 SH   DFND 1 196,176 0 0
DOUBLEDOWN INTERACTIVE CO LT ADS 25862B109 45,086 3,801,523 SH   DFND   3,801,523 0 0
DOUBLEDOWN INTERACTIVE CO LT ADS 25862B109 627 52,917 SH   DFND 1 52,917 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101 22,446 5,369,778 SH   DFND   5,369,778 0 0
EOS ENERGY ENTERPRISES INC *W EXP 05/06/202 29415C119 361 325,000 SH   DFND   325,000 0 0
EXELA TECHNOLOGIES INC COM NEW 30162V409 14,741 35,419,029 SH   DFND 1 35,419,029 0 0
FRANCHISE GROUP INC COM 35180X105 6,380 154,000 SH   DFND 1 154,000 0 0
GARRETT MOTION INC PFD CONV SER A 366505204 378 45,701 SH   DFND 1 45,701 0 0
IMEDIA BRANDS INC COM CL A 452465206 554 91,911 SH   DFND 1 91,911 0 0
IN8BIO INC COM 45674E109 858 257,513 SH   DFND 1 257,513 0 0
INSPIRED ENTMT INC COM 45782N108 3,495 284,161 SH   DFND   284,161 0 0
INNOVATE CORP COM 45784J105 10,042 2,721,425 SH   DFND   2,721,425 0 0
INNOVATE CORP COM 45784J105 2,102 569,558 SH   DFND 1 569,558 0 0
JOURNEY MED CORP COM 48115J109 4,176 864,695 SH   DFND 1 864,695 0 0
LAZYDAYS HLDGS INC COM 52110H100 14,102 698,791 SH   DFND   698,791 0 0
LAZYDAYS HLDGS INC COM 52110H100 7,577 375,485 SH   DFND 1 375,485 0 0
LIFEMD INC COM 53216B104 4,239 1,200,759 SH   DFND 1 1,200,759 0 0
MARCHEX INC CL B 56624R108 3,523 1,538,289 SH   DFND   1,538,289 0 0
MARCHEX INC CL B 56624R108 3,387 1,479,207 SH   DFND 1 1,479,207 0 0
MINIM INC COM 60365W102 1,127 1,565,364 SH   DFND 1 1,565,364 0 0
NEXTNAV INC COMMON STOCK 65345N106 4,555 608,125 SH   DFND 1 608,125 0 0
NEXTNAV INC *W EXP 10/28/202 65345N114 76 40,000 SH   DFND 1 40,000 0 0
180 DEGREE CAP CORP COM NEW 68235B208 279 40,755 SH   DFND 1 40,755 0 0
PERPETUA RESOURCES CORP COM 714266103 3,010 734,122 SH   DFND   734,122 0 0
PERPETUA RESOURCES CORP COM 714266103 7,975 1,945,000 SH   DFND 1 1,945,000 0 0
PROSHARES TR ULTRAPRO SHT QQQ 74347G432 18,182 540,000 SH   DFND 1 540,000 0 0
PROPERTY SOLUTIONS ACQUISITI UNIT 03/01/2026 74350A207 907 92,654 SH   DFND 1 92,654 0 0
QUANTUM CORP COM NEW 747906501 1,419 625,000 SH   DFND 1 625,000 0 0
QUANTUM CORP COM NEW 747906501 8,742 3,851,082 SH   DFND   3,851,082 0 0
QUANTUM CORP COM NEW 747906501 545 240,073 SH   DFND 1 240,073 0 0
REDWOODS ACQUISITION CORP UNIT 03/15/2027 758083208 495 49,350 SH   DFND 1 49,350 0 0
SEQUANS COMMUNICATIONS S A SPONSORED ADS 817323207 3,369 1,108,333 SH   DFND 1 1,108,333 0 0
SIGNAL HILL ACQUISITION CORP UNIT 02/10/2027 82664R204 1,256 125,702 SH   DFND 1 125,702 0 0
SYNCHRONOSS TECHNOLOGIES INC COM 87157B103 20,192 11,671,579 SH   DFND 1 11,671,579 0 0
TILE SHOP HLDGS INC COM 88677Q109 8,870 1,354,163 SH   DFND   1,354,163 0 0
AFRICAN GOLD ACQUISITION COR *W EXP 03/31/202 G0112R124 132 661,700 SH   DFND 1 661,700 0 0
ALSP ORCHID ACQUISITION CORP *W EXP 11/03/202 G0231L123 9 37,000 SH   DFND 1 37,000 0 0
CRESCERA CAP ACQUISITION COR *W EXP 11/18/202 G26507114 11 31,800 SH   DFND 1 31,800 0 0
CRYPTO 1 ACQUISTION CORP *W EXP 04/30/202 G3168A110 13 49,894 SH   DFND 1 49,894 0 0
HPX CORP SHS CL A G32219100 99 10,000 SH   DFND 1 10,000 0 0
INFINT ACQUISITION CORP *W EXP 99/99/999 G47862126 17 100,000 SH   DFND 1 100,000 0 0
KISMET ACQUISITION THREE COR *W EXP 06/30/202 G5276C102 12 70,181 SH   DFND 1 70,181 0 0
MOTIVE CAPITAL CORP II *W EXP 99/99/999 G6293R114 28 67,823 SH   DFND 1 67,823 0 0
VAHANNA TECH EDGE ACQSTN I C *W EXP 11/30/202 G9320Z117 52 149,670 SH   DFND 1 149,670 0 0