Mudrick Capital Acquisition Corporation II

announcedU=S+W/2W=S@11.50
MUDSSEC EDGARCIK: 0001820727|Mudrick Capital Acquisition Holdings LLC

Capital Structure & Economics

Trust Size$253,750,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$253,750,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedOct 9, 2020
Target AnnouncedApr 6, 2021
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyTopps
  • Announcement Date2021-04-06

Board & Officers

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction