its a clamp to hold tubing while you use a flaring tool
It looks a bit like that , I have a couple of them. But , there is a bit missing. Both ends of the flaring/double flaring tool are made to be closed/clamped together. And you need the horseshoe shaped piece with the flaring cone.
Horseshoe piece with cone not pictured.
If it is a flaring tool , the holes will have a bit of thread in them to grip the tubing tightly.