Steven Panagos

Ernst & Young LLP engages in the provision of accounting, assurance, tax, transaction, and advisory services. It specializes in the actuarial, analytics and big data, cyber security, accounting compliance and reporting, center for board matters, international financial reporting standards, country tax advisory, global trade, tax accounting, and climate change and sustainability. The company was founded in 1989 and is headquartered in New York, NY.

Penney OpCo LLC operates as a department store. The private company is based in Dallas, TX and has subsidiaries in Puerto Rico, Ireland, United States and Taiwan. Marc N. Rosen has been the CEO of the company since 2021.

Celsius Network Ltd. develops a lending and borrowing platform. It provides a blockchain based marketplace platform where membership provides access to curated financial services that are not available through traditional financial institutions. The company was founded by Alex Mashinsky, Shlomi Daniel Leon and Nuke Goldstein in 2017 and is headquartered in London, the United Kingdom.

Resilience Capital Partners LLC (Resilience Capital) is a private equity firm founded in 2001 by Bassem A. Mansour and Steven H. Rosen. The firm is headquartered in Cleveland, Ohio.

AFGlobal Corp. manufactures engineered products, subassemblies and integrated systems. Its products include drilling risers and gas turbine components, such as manifolds, skids, plets, plems, BOP assemblies and buoyancy modules and individual parts such as precision machined and fabricated products. It serves the oil & gas, petrochemical & refining, power generation, industrial and aerospace markets. The firm has locations in Brazil, Canada, China, the United Kingdom, and the United States of America. The company was founded in 1996 and is headquartered in Houston, TX.

Strategic Value Partners LLC (SVP) is a SEC-registered investment advisor and hedge fund manager headquartered in Greenwich, Connecticut. The firm was founded by Victor Khosla in 2001 and they are a subsidiary of Midwood LP. SVP provides investment advice to pooled investment vehicles, which include an open-ended hedge fund style structure and a closed-ended private equity style fund structure, as well as managed accounts and funds-of-one.

Strategic Value Partners (UK) LLP (SVP-UK) is the Great Britain-based alternative investment subsidiary of Strategic Value Partners LLC, itself a subsidiary of Midwood LP in the US. The firm was founded by Victor Khosla in 2004. Headquartered in London, SVP-UK provides investment advice to pooled investment vehicles as well as managed accounts and funds-of-one.

American Consolidated Natural Resources, Inc. operates as an investment holding company. The company is headquartered in St. Clairsville, OH.

Mavericks, Inc. owns, operates and franchises restaurant brands. It provides franchise support including restaurant development planning, design and construction, operations training, marketing and branding, and supply chain management. The company was founded by Neal K. Aronson and Paul J. Brown in 2018 and is headquartered in Atlanta, GA.

Part of Walmart, Inc., Wal-Mart International operates as department stores. The private company is based in Bentonville, AR. Judith McKenna has been the CEO of the company since 2018.

PhyMed Management LLC engages in the provision of anesthesia and critical care services. It specializes in perioperative management through creating positive patient interactions before, during, and after surgery as a trusted partner to healthcare systems, ambulatory surgery centers, and office-based anesthesia. The company was founded in 2012 and is headquartered in Nashville, TN.

Moelis Capital Partners LLC (Moelis Capital Partners) is a private equity subsidiary of Moelis Asset Management LP founded in 2007 by Kenneth David Moelis. This firm is headquartered in New York.

Vital Pharmaceuticals, Inc. manufactures, distributes and sells sports supplements. It offers fat loss and energy, muscle building, pre-workout, post workout/recovery and supplement stacks. The company was founded by Jack Owoc in 1993 and is headquartered in Weston, FL.

TOPS Markets LLC owns and operates supermarkets. It offers meat, seafood, deli and carryout cafe, in-store bakery, dairy, florist, pharmacy and tops playhouse products. The company was founded by Savino P. Nanula and Armand J. Castellani in 1962 and is headquartered in Buffalo, NY.

Founded in 2007, Moelis & Co. LLC is a registered broker/dealer headquartered in New York City. The firm is a subsidiary of Moelis & Company (NYSE: MC), a global investment bank that provides financial advisory, capital raising and asset management services to corporations, institutions and governments. Moelis & Co. LLC provides an array of trading and execution services for their clients. They do not provide any internal research.