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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
89BIO INC COM 282559103   3,375,883 464,358 SH   SOLE   464,358 0 0
AKEBIA THERAPEUTICS INC COM 00972D105   102,739 53,510 SH   SOLE   53,510 0 0
ARCBEST CORP COM 03937C105   4,467,714 63,300 SH   SOLE   63,300 0 0
ARCOSA INC COM 039653100   5,694,155 73,835 SH   SOLE   73,835 0 0
ARMSTRONG WORLD INDS INC NEW COM 04247X102   255,838 1,816 SH   SOLE   1,816 0 0
ATLAS ENERGY SOLUTIONS INC COM NEW 642045108   2,894,040 162,222 SH   SOLE   162,222 0 0
AXOS FINANCIAL INC COM 05465C100   6,380,963 98,899 SH   SOLE   98,899 0 0
AZZ INC COM 002474104   326,246 3,902 SH   SOLE   3,902 0 0
BANC OF CALIFORNIA INC COM 05990K106   5,722,146 403,252 SH   SOLE   403,252 0 0
BANCORP INC DEL COM 05969A105   11,183,375 211,646 SH   SOLE   211,646 0 0
CENTRAL GARDEN & PET CO COM 153527106   3,845,707 104,902 SH   SOLE   104,902 0 0
CENTRAL GARDEN & PET CO CL A NON-VTG 153527205   858,246 26,222 SH   SOLE   26,222 0 0
CENTURY CASINOS INC COM 156492100   625,131 369,900 SH   SOLE   369,900 0 0
CRITEO S A SPONS ADS 226718104   7,609,503 214,897 SH   SOLE   214,897 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   122,263 13,862 SH   SOLE   13,862 0 0
DUCOMMUN INC DEL COM 264147109   3,967,917 68,377 SH   SOLE   68,377 0 0
ENOVA INTL INC COM 29357K103   8,657,763 89,662 SH   SOLE   89,662 0 0
FERROGLOBE PLC SHS G33856108   4,246,169 1,144,520 SH   SOLE   1,144,520 0 0
FRANKLIN BSP RLTY TR INC COMMON STOCK 35243J101   4,654,202 365,322 SH   SOLE   365,322 0 0
FRANKLIN ELEC INC COM 353514102   321,727 3,427 SH   SOLE   3,427 0 0
FTAI INFRASTRUCTURE INC COMMON STOCK 35953C106   7,319,370 1,615,755 SH   SOLE   1,615,755 0 0
GARRETT MOTION INC COM 366505105   5,976,925 714,089 SH   SOLE   714,089 0 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109   6,909,687 509,940 SH   SOLE   509,940 0 0
HERON THERAPEUTICS INC COM 427746102   3,149,868 1,431,758 SH   SOLE   1,431,758 0 0
HUDBAY MINERALS INC COM 443628102   5,471,836 720,927 SH   SOLE   720,927 0 0
IDT CORP CL B NEW 448947507   4,050,668 78,945 SH   SOLE   78,945 0 0
INTELLIA THERAPEUTICS INC COM 45826J105   1,318,877 185,496 SH   SOLE   185,496 0 0
MUELLER WTR PRODS INC COM SER A 624758108   766,515 30,154 SH   SOLE   30,154 0 0
NI HLDGS INC COM 65342T106   3,288,727 230,626 SH   SOLE   230,626 0 0
NORTH AMERN CONSTR GROUP LTD COM 656811106   5,494,241 347,957 SH   SOLE   347,957 0 0
PATHWARD FINANCIAL INC COM 59100U108   8,476,425 116,195 SH   SOLE   116,195 0 0
PERFORMANT HEALTHCARE INC COM 71377E105   59,200 20,000 SH   SOLE   20,000 0 0
POTBELLY CORP COM 73754Y100   198,645 20,888 SH   SOLE   20,888 0 0
REVOLVE GROUP INC CL A 76156B107   4,474,411 208,209 SH   SOLE   208,209 0 0
SHYFT GROUP INC COM 825698103   2,761,853 341,391 SH   SOLE   341,391 0 0
TALEN ENERGY CORP COM 87422Q109   570,857 2,859 SH   SOLE   2,859 0 0
TIDEWATER INC NEW COM 88642R109   4,329,040 102,414 SH   SOLE   102,414 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100   32,286 10,185 SH   SOLE   10,185 0 0
TRINITY INDS INC COM 896522109   3,139,521 111,886 SH   SOLE   111,886 0 0
TRIUMPH FINANCIAL INC COM US89679E3   3,147,210 54,450 SH   SOLE   54,450 0 0