diff --git a/Utilities/cond.cpp b/Utilities/cond.cpp
index 260a01474f..cc2de9b379 100644
--- a/Utilities/cond.cpp
+++ b/Utilities/cond.cpp
@@ -120,3 +120,97 @@ void cond_variable::imp_wake(u32 _count) noexcept
 	}
 #endif
 }
+
+bool notifier::imp_try_lock(u32 count)
+{
+	return m_counter.atomic_op([&](u32& value)
+	{
+		if ((value % (max_readers + 1)) + count <= max_readers)
+		{
+			value += count;
+			return true;
+		}
+
+		return false;
+	});
+}
+
+void notifier::imp_unlock(u32 count)
+{
+	const u32 counter = m_counter.sub_fetch(count);
+
+	if (UNLIKELY(counter % (max_readers + 1)))
+	{
+		return;
+	}
+
+	if (counter)
+	{
+		const u32 _old = m_counter.atomic_op([](u32& value) -> u32
+		{
+			if (value % (max_readers + 1))
+			{
+				return 0;
+			}
+
+			return std::exchange(value, 0) / (max_readers + 1);
+		});
+
+		const u32 wc = m_cond.m_value;
+
+		if (_old && wc)
+		{
+			m_cond.imp_wake(_old > wc ? wc : _old);
+		}
+	}
+}
+
+u32 notifier::imp_notify(u32 count)
+{
+	return m_counter.atomic_op([&](u32& value) -> u32
+	{
+		if (const u32 add = value % (max_readers + 1))
+		{
+			// Mutex is locked
+			const u32 result = add > count ? count : add;
+			value += result * (max_readers + 1);
+			return result;
+		}
+		else
+		{
+			// Mutex is unlocked
+			value = 0;
+			return count;
+		}
+	});
+}
+
+explicit_bool_t notifier::wait(u64 usec_timeout)
+{
+	const u32 _old = m_cond.m_value.fetch_add(1);
+
+	if (max_readers < m_counter.fetch_op([](u32& value)
+	{
+		if (value > max_readers)
+		{
+			value -= max_readers;
+		}
+
+		value -= 1;
+	}))
+	{
+		// Return without waiting
+		m_cond.imp_wait(_old, 0);
+		return true;
+	}
+
+	const bool res = m_cond.imp_wait(_old, usec_timeout);
+
+	while (!try_lock_shared())
+	{
+		// TODO
+		busy_wait();
+	}
+
+	return res;
+}
diff --git a/Utilities/cond.h b/Utilities/cond.h
index 02c7908915..4831911822 100644
--- a/Utilities/cond.h
+++ b/Utilities/cond.h
@@ -59,87 +59,61 @@ class notifier
 	atomic_t<u32> m_counter{0};
 	cond_variable m_cond;
 
+	bool imp_try_lock(u32 count);
+
+	void imp_unlock(u32 count);
+
+	u32 imp_notify(u32 count);
+
 public:
 	constexpr notifier() = default;
 
-	void lock_shared()
+	bool try_lock()
 	{
-		m_counter++;
+		return imp_try_lock(max_readers);
+	}
+
+	void unlock()
+	{
+		imp_unlock(max_readers);
+	}
+
+	bool try_lock_shared()
+	{
+		return imp_try_lock(1);
 	}
 
 	void unlock_shared()
 	{
-		const u32 counter = --m_counter;
-
-		if (counter & 0x7f)
-		{
-			return;
-		}
-
-		if (counter >= 0x80)
-		{
-			const u32 _old = m_counter.atomic_op([](u32& value) -> u32
-			{
-				if (value & 0x7f)
-				{
-					return 0;
-				}
-
-				return std::exchange(value, 0) >> 7;
-			});
-
-			if (_old && m_cond.m_value)
-			{
-				m_cond.imp_wake(_old);
-			}
-		}
+		imp_unlock(1);
 	}
 
-	explicit_bool_t wait(u64 usec_timeout = -1)
-	{
-		const u32 _old = m_cond.m_value.fetch_add(1);
-
-		if (0x80 <= m_counter.fetch_op([](u32& value)
-		{
-			value--;
-
-			if (value >= 0x80)
-			{
-				value -= 0x80;
-			}
-		}))
-		{
-			// Return without waiting
-			m_cond.imp_wait(_old, 0);
-			m_counter++;
-			return true;
-		}
-
-		const bool res = m_cond.imp_wait(_old, usec_timeout);
-		m_counter++;
-		return res;
-	}
+	explicit_bool_t wait(u64 usec_timeout = -1);
 
 	void notify_all()
 	{
 		if (m_counter)
 		{
-			m_counter.atomic_op([](u32& value)
-			{
-				if (const u32 add = value & 0x7f)
-				{
-					// Mutex is locked in shared mode
-					value += add << 7;
-				}
-				else
-				{
-					// Mutex is unlocked
-					value = 0;
-				}
-			});
+			imp_notify(-1);
 		}
 
 		// Notify after imaginary "exclusive" lock+unlock
 		m_cond.notify_all();
 	}
+
+	void notify_one()
+	{
+		// TODO
+		if (m_counter)
+		{
+			if (imp_notify(1))
+			{
+				return;
+			}
+		}
+
+		m_cond.notify_one();
+	}
+
+	static constexpr u32 max_readers = 0x7f;
 };
diff --git a/rpcs3/Emu/Cell/SPUThread.cpp b/rpcs3/Emu/Cell/SPUThread.cpp
index 92d6e70ec4..fe37cd8166 100644
--- a/rpcs3/Emu/Cell/SPUThread.cpp
+++ b/rpcs3/Emu/Cell/SPUThread.cpp
@@ -1733,7 +1733,9 @@ s64 SPUThread::get_ch_value(u32 ch)
 				fmt::throw_exception("Not supported: event mask 0x%x" HERE, mask1);
 			}
 
-			std::shared_lock<notifier> pseudo_lock(vm::reservation_notifier(raddr, 128));
+			std::shared_lock<notifier> pseudo_lock(vm::reservation_notifier(raddr, 128), std::try_to_lock);
+
+			verify(HERE), pseudo_lock;
 
 			while (res = get_events(), !res)
 			{