Successfully merged with Hycroft Mining Corporation • Now trading as HYMC
SPAC Overview
$200M
IPO Size
$71.8M
Trust (as of 2020-03-31)
Completed
Current Status
2018
IPO Year
Timeline Progress
About
Mudrick Capital Acquisition Corp. is a blank-check company formed to pursue an initial business combination. It intends to focus its search on companies that have recently emerged from bankruptcy protection or restructuring.
Investment Focus
Distressed/Opportunistic
The terms and the filing trail behind Mudrick Capital Acquisition Corp
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Leadership
David Kirsch
Chairman of the Board of Directors, Director, Director Nominee, Vice President
Randy E. Buffington
Former Chairman of the Board of Directors, Former Chief Executive Officer, Former President, President and CEO
Stephen A. Lang
Chairman of the Board of Directors
Diane R. Garrett
Chief Executive Officer, Director, President, President and CEO
Jason Mudrick
Chief Executive Officer, Director
Stephen Martin Jones
Chief Executive Officer, EVP, CFO and Secretary, Interim Chief Executive Officer, Interim President
Beau Harbour
Vice President
Jeffrey Stieber
Interim Chief Financial Officer, Senior Vice President, Finance and Treasurer; former Vice President and Interim Chief Financial Officer, Vice President
John William Henris
Executive Vice President and Chief Operating Officer
Stanton K. Rideout
Chief Financial Officer, Executive Vice President, Executive Vice President and Chief Financial Officer
Victor Vu Danh
Vice President
Glenn Springer
Chief Financial Officer
David C. Naccarati
Director
Eugene I. Davis
Director
John J. Ellis
Director
Marni A. Wieshofer
Director
Michael James Harrison
Director
Sean D. Goodman
Director
Thomas S. Weng
Director
Brian Kushner
Director, Director Nominee
Dennis Stogsdill
Director, Director Nominee
Timothy Daileader
Director, Director Nominee
David Brian Thomas
Jacob Paul Mercer
Jonathan Segal
Underwriters
Extended Team Information
The team is led by Mudrick Capital executives with extensive distressed-credit and post-restructured equity investing, restructuring, and board experience. Its senior members have backgrounds in investment banking, portfolio management, corporate turnarounds and advisory work.
Stock Performance
HYMC
Trading Symbol
First Trade
2018-03-12
$9.56
At Merger
2020-06-02
$11.10
+16%
6 Months Post-Merger
2020-12-02
$7.38
-34%
1 Year Post-Merger
2021-06-03
$3.66
-67%
2 Years Post-Merger
2022-06-03
$1.32
-88%
Current Price
2026-10-02
$18.71
+96%
Key Information
IPO Date
2018-02-08
Total Redemptions
$144M
PIPE
$65M
State of Incorporation
DE
SIC
6770
Completion Date
2020-05-29
Merger Target
Hycroft Mining Corporation
SPAC Ticker
MUDS
Merged Ticker
HYMC