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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
ALGOMA STEEL GROUP INC COM 015658107 31,823 3,543,769 SH   SOLE   3,543,769 0 0
BAUSCH HEALTH COS INC COM 071734107 4,541 543,226 SH   SOLE   543,226 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 22,748 21,259,625 SH   SOLE   21,259,625 0 0
CORECIVIC INC COM 21871N101 40,645 3,658,403 SH   SOLE   3,658,403 0 0
FERROGLOBE PLC COM G33856108 15,900 2,676,754 SH   SOLE   2,676,754 0 0
GAMESTOP CORP CL A 36467W109 7,552 61,750 SH   SOLE   61,750 0 0
GEO GROUP INC COM 36162J106 38,155 5,781,005 SH   SOLE   5,781,005 0 0
L3HARRIS TECHNOLOGIES INC COM 502431109 1,036 4,285 SH   SOLE   4,285 0 0
LOCKHEED MARTIN CORP COM 539830109 2,281 5,305 SH   SOLE   5,305 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,548 3,235 SH   SOLE   3,235 0 0
WEATHERFORD INTERNATIONAL PL ORD SHS G48833118 28,664 1,354,000 SH   SOLE   1,354,000 0 0
OCCIDENTAL PETE CORP W EXP 08/03/2027 36467W109 19,167 518,445 SH   SOLE   518,445 0 0
VALVOLINE INC COM 92047W101 30,619 1,062,043 SH   SOLE   1,062,043 0 0
PEABODY ENERGY CORP COM 704551100 11,476 538,000 SH   SOLE   538,000 0 0
TWITTER INC COM 90184L102 22,658 606,000 SH   SOLE   606,000 0 0
UPSTART HOLDINGS INC COM 91680M107 1,948 61,600 SH   SOLE   61,600 0 0
FORWARD PHARMA A/S SPONSORED ADS NEW 34986J204 653 150,217 SH   SOLE   150,217 0 0
BAUSCH HEALTH COS INC CALL 071734907 27,170 3,250,000 SH Call SOLE   3,250,000 0 0