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
ALPS ETF TR ALERIAN MLP 00162Q866 457 50,000 SH   DFND   50,000 0 0
A10 NETWORKS INC COM 002121101 607 87,500 SH   DFND   87,500 0 0
AEHR TEST SYSTEMS COM 00760J108 841 470,000 SH   DFND   470,000 0 0
BBX CAP CORP NEW CL A 05491N104 83 17,880 SH   DFND   17,880 0 0
B RILEY PRINCIPAL MERGER COR *W EXP 04/08/202 05586Y114 11 24,200 SH   DFND   24,200 0 0
B RILEY PRINCIPAL MERGER COR UNIT 99/99/9999 05586Y205 4,600 462,500 SH   DFND   462,500 0 0
BABCOCK & WILCOX ENTERPRIS I COM 05614L209 33,107 6,911,608 SH   DFND   6,911,608 0 0
CSI COMPRESSCO LP COM UNIT 12637A103 209 70,650 SH   DFND   70,650 0 0
CNX MIDSTREAM PARTNERS LP COM UNIT REPST 12654A101 494 35,000 SH   DFND   35,000 0 0
CELSIUS HOLDINGS INC COM NEW 15118V207 835 240,200 SH   DFND   240,200 0 0
CLEARWATER PAPER CORP COM 18538R103 1,294 61,260 SH   DFND   61,260 0 0
DESTINATION XL GROUP INC COM 25065K104 46 27,000 SH   DFND   27,000 0 0
EHEALTH INC COM 28238P109 1,090 16,318 SH   DFND   16,318 0 0
FINJAN HLDGS INC COM NEW 31788H303 101 50,000 SH   DFND   50,000 0 0
FINTECH ACQUISITION CORP III UNIT 12/01/2023 31811A309 212 19,817 SH   DFND   19,817 0 0
FIRSTCASH INC COM 33767D105 917 10,000 SH Put DFND   10,000 0 0
FLOTEK INDS INC DEL COM 343389102 385 175,000 SH   DFND   175,000 0 0
GW PHARMACEUTICALS PLC ADS 36197T103 2,876 25,000 SH Put DFND   25,000 0 0
HC2 HLDGS INC COM 404139107 9,905 4,214,730 SH   DFND   4,214,730 0 0
HARTE-HANKS INC COM 416196202 137 45,000 SH   DFND   45,000 0 0
HEALTH INS INNOVATIONS INC COM CL A 42225K106 9,414 377,608 SH   DFND   377,608 0 0
IMMERSION CORP COM 452521107 287 37,500 SH   DFND   37,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 90,002 594,700 SH Put DFND   594,700 0 0
KVH INDS INC COM 482738101 666 62,500 SH   DFND   62,500 0 0
LONESTAR RES US INC CL A VTG 54240F103 4,064 1,493,975 SH   DFND   1,493,975 0 0
NATIONAL HOLDINGS CORP COM NEW 636375206 16,877 6,159,550 SH   DFND   6,159,550 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 1,887 528,600 SH   DFND   528,600 0 0
180 DEGREE CAP CORP COM 68235B109 2,926 1,369,488 SH   DFND   1,369,488 0 0
PIVOTAL INVT CORP II UNIT 06/01/2025 72582K209 255 25,000 SH   DFND   25,000 0 0
RTW RETAILWINDS INC COM 74980D100 1,141 832,996 SH   DFND   832,996 0 0
RANGER ENERGY SVCS INC COM CL A 75282U104 4,381 679,234 SH   DFND   679,234 0 0
REALNETWORKS INC COM NEW 75605L708 83 50,000 SH   DFND   50,000 0 0
RESMED INC COM 761152107 676 5,000 SH Put DFND   5,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,968 10,000 SH Put DFND   10,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 144 256,219 SH   DFND   256,219 0 0
SELECT INTERIOR CONCEPTS INC CL A 816120307 39,771 3,066,351 SH   DFND   3,066,351 0 0
SERVICESOURCE INTL INC COM 81763U100 97 110,000 SH   DFND   110,000 0 0
SONIM TECHNOLOGIES INC COM 83548F101 6,483 2,212,743 SH   DFND   2,212,743 0 0
SPARK NETWORKS SE SPONSORED ADR 846517100 208 37,566 SH   DFND   37,566 0 0
TAILORED BRANDS INC COM 87403A107 660 150,000 SH   DFND   150,000 0 0
TESLA INC COM 88160R101 1,204 5,000 SH Put DFND   5,000 0 0
TIVO CORP COM 88870P106 190 25,000 SH   DFND   25,000 0 0
TRAVELCENTERS OF AMERICA INC COM NEW 89421B109 247 20,000 SH   DFND   20,000 0 0
TUESDAY MORNING CORP COM NEW 899035505 1,514 964,276 SH   DFND   964,276 0 0
VITAMIN SHOPPE INC COM 92849E101 6,559 1,006,000 SH   DFND   1,006,000 0 0
VONAGE HLDGS CORP COM 92886T201 255 22,600 SH   DFND   22,600 0 0
NETFIN ACQUISITION CORP SHS CL A G6455A107 191 19,600 SH   DFND   19,600 0 0
NETFIN ACQUISITION CORP *W EXP 08/01/202 G6455A115 7 22,992 SH   DFND   22,992 0 0
NETFIN ACQUISITION CORP UNIT 08/01/2024 G6455A123 3,089 306,100 SH   DFND   306,100 0 0
GLOBAL SHIP LEASE INC NEW COM CL A Y27183600 15,983 2,089,226 SH   DFND   2,089,226 0 0