# EDGAR Filing Document

**Accession Number:** 0001281084
**File Stem:** 0000899140-23-000305
**Filing Date:** 2023-2
**Character Count:** 25999
**Document Hash:** 148c04cf67114b4845d6d3e2e998fd95
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899140-23-000305.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0000899140-23-000305

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**GROUP MEMBERS**: MDRA GP LP

**GROUP MEMBERS**: MONARCH GP LLC

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INDUS REALTY TRUST, INC.
- **CENTRAL INDEX KEY:** 0001037390
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 060868486
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-51253
- **FILM NUMBER:** 23618844

**BUSINESS ADDRESS:**
- **STREET 1:** 641 LEXINGTON AVENUE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 2122187910

**MAIL ADDRESS:**
- **STREET 1:** 641 LEXINGTON AVENUE
- **STREET 2:** 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GRIFFIN INDUSTRIAL REALTY, INC.
- **DATE OF NAME CHANGE:** 20150515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GRIFFIN LAND & NURSERIES INC
- **DATE OF NAME CHANGE:** 19970408
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Monarch Alternative Capital LP
- **CENTRAL INDEX KEY:** 0001281084
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-554-1700

**MAIL ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Quadrangle Debt Recovery Advisors LP
- **DATE OF NAME CHANGE:** 20070125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Quadrangle Debt Recovery Advisors LLC
- **DATE OF NAME CHANGE:** 20061013

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** QDRA LLC
- **DATE OF NAME CHANGE:** 20040223

------

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### SCHEDULE 13G

#### Under the Securities Exchange Act of 1934\*

#### (Amendment No. 1)

#### Indus Realty Trust, Inc.
(Name of Issuer)

#### Common Stock, par value $0.01 per share
(Title of Class of Securities)

#### 45580R103
(CUSIP Number)

#### December 31, 2022
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

**\***The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "<u>Act</u>") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

<u> CUSIP No. 45580R103 </u> 13G

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **1** | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch Alternative Capital LP | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch Alternative Capital LP | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch Alternative Capital LP |
| &nbsp;&nbsp;&nbsp; **2** | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ |
| &nbsp;&nbsp;&nbsp; **3** | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; **4** | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **5** | &nbsp;&nbsp;&nbsp; SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **6** | &nbsp;&nbsp;&nbsp; SHARED VOTING POWER<br> 714,000\* |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **7** | &nbsp;&nbsp;&nbsp; SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **8** | &nbsp;&nbsp;&nbsp; SHARED DISPOSITIVE POWER<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **9** | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **10** | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A |
| &nbsp;&nbsp;&nbsp; **11** | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* |
| &nbsp;&nbsp;&nbsp; **12** | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN |

---

\* Based upon 10,192,416 shares of Common Stock issued and outstanding on November 3, 2022 as reflected in the Form 10-Q of the Issuer for the quarterly period ended September 30, 2022, filed on November 8, 2022. See Item 4.

------

<u> CUSIP No. 45580R103 </u> 13G

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **1** | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>MDRA GP LP | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>MDRA GP LP | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>MDRA GP LP |
| &nbsp;&nbsp;&nbsp; **2** | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ |
| &nbsp;&nbsp;&nbsp; **3** | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; **4** | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **5** | &nbsp;&nbsp;&nbsp; SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **6** | &nbsp;&nbsp;&nbsp; SHARED VOTING POWER<br>714,000\* |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **7** | &nbsp;&nbsp;&nbsp; SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **8** | &nbsp;&nbsp;&nbsp; SHARED DISPOSITIVE POWER<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **9** | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **10** | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A |
| &nbsp;&nbsp;&nbsp; **11** | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* |
| &nbsp;&nbsp;&nbsp; **12** | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>PN |

---

\* Based upon 10,192,416 shares of Common Stock issued and outstanding on November 3, 2022 as reflected in the Form 10-Q of the Issuer for the quarterly period ended September 30, 2022, filed on November 8, 2022. See Item 4.

------

<u> CUSIP No. 45580R103 </u> 13G

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **1** | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch GP LLC | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch GP LLC | &nbsp;&nbsp;&nbsp; NAME OF REPORTING PERSON<br>Monarch GP LLC |
| &nbsp;&nbsp;&nbsp; **2** | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ | &nbsp;&nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> &nbsp;&nbsp;&nbsp;&nbsp;(a) ☐<br>&nbsp;&nbsp;&nbsp;&nbsp;(b) ☒ |
| &nbsp;&nbsp;&nbsp; **3** | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY | &nbsp;&nbsp;&nbsp; SEC USE ONLY |
| &nbsp;&nbsp;&nbsp; **4** | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware | &nbsp;&nbsp;&nbsp; CITIZENSHIP OR PLACE OF ORGANIZATION<br>Delaware |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **5** | &nbsp;&nbsp;&nbsp; SOLE VOTING POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **6** | &nbsp;&nbsp;&nbsp; SHARED VOTING POWER<br>714,000\* |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **7** | &nbsp;&nbsp;&nbsp; SOLE DISPOSITIVE POWER<br>0 |
| NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED<br> BY<br> EACH<br> REPORTING<br> PERSON<br> WITH: | &nbsp;&nbsp;&nbsp; **8** | &nbsp;&nbsp;&nbsp; SHARED DISPOSITIVE POWER<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **9** | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* | &nbsp;&nbsp;&nbsp; AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>714,000\* |
| &nbsp;&nbsp;&nbsp; **10** | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A | &nbsp;&nbsp;&nbsp; CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>N/A |
| &nbsp;&nbsp;&nbsp; **11** | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* | &nbsp;&nbsp;&nbsp; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.01%\* |
| &nbsp;&nbsp;&nbsp; **12** | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>OO | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>OO | &nbsp;&nbsp;&nbsp; TYPE OF REPORTING PERSON<br>OO |

---

\* Based upon 10,192,416 shares of Common Stock issued and outstanding on November 3, 2022 as reflected in the Form 10-Q of the Issuer for the quarterly period ended September 30, 2022, filed on November 8, 2022. See Item 4.

------

**Item 1(a): Name of Issuer:**

Indus Realty Trust, Inc. (the "<u>Issuer</u>").

#### Item 1(b): Address of Issuer's Principal Executive Offices:
641 Lexington Avenue, New York, NY 10022.

#### Item 2(a): Name of Person Filing:
This Schedule 13G is filed by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Monarch Alternative Capital LP ("<u>MAC</u>"), which serves as advisor to a variety of funds (such funds collectively, the "<u>Funds</u>"), with respect to shares of Common Stock of the Issuer directly owned by the Funds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) MDRA GP LP ("<u>MDRA GP</u>"), which is the general partner of MAC, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Monarch GP LLC ("<u>Monarch GP</u>"), which is the general partner of MDRA GP, with respect to shares of Common Stock indirectly beneficially owned by virtue of such position.

MAC, MDRA GP and Monarch GP are sometimes collectively referred to herein as the "<u>Reporting Persons</u>."

#### Item 2(b): Address of Principal Business Office or, if None, Residence:
The address of the principal business office of the Reporting Persons is as follows:

c/o Monarch Alternative Capital LP

535 Madison Avenue

New York, New York 10022

#### Item 2(c): Citizenship:
MAC is a Delaware limited partnership. MDRA GP is a Delaware limited partnership. Monarch GP is a Delaware limited liability company.

#### Item 2(d): Title of Class of Securities:
Common Stock, par value $0.01 per share ("<u>Common Stock</u>").

#### Item 2(e): CUSIP Number
45580R103

#### Item 3: If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
A. Broker or dealer registered under Section 15 of the Act,

B. Bank as defined in Section 3(a)(6) of the Act,

C. Insurance Company as defined in Section 3(a)(19) of the Act,

D. Investment Company registered under Section 8 of the Investment Company Act of 1940,

E. 🗷 Investment Adviser in accordance with Rule 13d-1 (b)(1)(ii)(E),

F. Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),

G. 🗷 Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),

H. Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,

I. Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,

J. A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J)

K. Group, in accordance with Rule 13d-1(b)(1)(ii)(K)

------

#### Item 4: Ownership:
**The beneficial ownership of each of the Reporting Persons as of December 31, 2019 is as follows**:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. <u>MAC</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount beneficially owned: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent of Class: 7.01%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or direct the vote: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or direct the disposition: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or direct the disposition: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. <u>MDRA GP</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount beneficially owned: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent of Class: 7.01%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or direct the vote: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or direct the disposition: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or direct the disposition: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. <u>Monarch GP</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount beneficially owned: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent of Class: 7.01%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or direct the vote: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or direct the vote: 714,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or direct the disposition: 0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or direct the disposition: 714,000

The foregoing beneficial ownership amounts and corresponding percentages are based upon 10,192,416 shares of Common Stock issued and outstanding on November 3, 2022 as reflected in the Form 10-Q of the Issuer for the quarterly period ended September 30, 2022, filed on November 8, 2022.

#### Item 5: Ownership of Five Percent or Less of a Class:
N/A

#### Item 6: Ownership of More than Five Percent on Behalf of Another Person:
N/A

#### Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
See Exhibit 99.1

#### Item 8: Identification and Classification of Members of the Group:
N/A

#### Item 9: Notice of Dissolution of Group:
N/A

#### Item 10: Certification:
By signing below the signatory certifies that, to the best of his knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

------

#### SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| Dated: February 13, 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MONARCH ALTERNATIVE CAPITAL LP<br> By: MDRA GP LP, its General Partner<br> By: Monarch GP LLC, its General Partner<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member<br>|
| Dated: February 13, 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MDRA GP LP<br> By: Monarch GP LLC, its General Partner<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member<br>|
| Dated: February 13, 2023 | MONARCH GP LLC<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member |

---

## Exhibit 99.1

<u>EXHIBIT 99.1</u>

The identity and the Item 3 classification of the relevant subsidiary are: Monarch Alternative Capital LP, which is an Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

## Exhibit 99.2

#### SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| Dated: February 13, 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MONARCH ALTERNATIVE CAPITAL LP<br> By: MDRA GP LP, its General Partner<br> By: Monarch GP LLC, its General Partner<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member<br>|
| Dated: February 13, 2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MDRA GP LP<br> By: Monarch GP LLC, its General Partner<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member<br>|
| Dated: February 13, 2023 | MONARCH GP LLC<br>By: <u>/s/ Michael Weinstock&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>Name: Michael Weinstock<br> Title: Member |

---