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

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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANGEL OAK MORTGAGE REIT INC COM 03464Y108 4,036,832 444,585 SH SOLE 444,585 0 0
AVIDBANK HLDGS INC COM 05368J103 2,375,352 71,915 SH SOLE 71,915 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105 1,768,901 501,105 SH SOLE 501,105 0 0
COASTAL FINL CORP WA COM NEW 19046P209 7,866,180 101,486 SH SOLE 101,486 0 0
COMMERCIAL BANCGROUP INC COM 20112C106 4,359,150 135,000 SH SOLE 135,000 0 0
EVERQUOTE INC COM CL A 30041R108 5,695,516 239,408 SH SOLE 239,408 0 0
FB FINL CORP COM 30257X104 3,321,000 60,000 SH SOLE 60,000 0 0
FIRST WESTN FINL INC COM 33751L105 4,495,400 140,000 SH SOLE 140,000 0 0
GOLD COM INC COM 00181T107 11,026,650 265,000 SH SOLE 265,000 0 0
INVESCO EXCH TRADED FD TR II KBW BK ETF 46138E628 7,438,400 80,000 SH Put SOLE 80,000 0 0
LENDINGTREE INC COM 52603B107 442,900 10,000 SH SOLE 10,000 0 0
MEDIAALPHA INC CL A 58450V104 11,561,396 919,761 SH SOLE 919,761 0 0
NATIONAL BK HLDGS CORP CL A 633707104 5,331,600 120,000 SH SOLE 120,000 0 0
NORTHPOINTE BANCSHARES INC. COM SHS 66661N886 6,713,000 350,000 SH SOLE 350,000 0 0
OFG BANCORP COM 67103X102 3,434,900 70,000 SH SOLE 70,000 0 0
QCR HLDGS INC COM 74727A104 6,814,500 70,000 SH SOLE 70,000 0 0
QUINSTREET INC COM 74874Q100 13,917,500 950,000 SH SOLE 950,000 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 9,976,250 115,000 SH SOLE 115,000 0 0
SPDR SERIES TRUST ST STR SP REGBNK 78464A698 18,712,500 250,000 SH Put SOLE 250,000 0 0
SPROTT INC COM NEW 852066208 14,636,284 130,274 SH SOLE 130,274 0 0
TRICO BANCSHARES COM 896095106 3,684,848 68,428 SH SOLE 68,428 0 0
TRIUMPH FINANCIAL INC COM 89679E300 7,113,389 93,217 SH SOLE 93,217 0 0
WEX INC COM 96208T104 4,232,700 30,000 SH SOLE 30,000 0 0