Mudrick Capital Acquisition Corporation
announcedU=S+1WW=S@11.50
HYMC
Capital Structure & Economics
Trust Size$202,000,000
Unit Price$10.00
Warrant Coverage1/1
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
100% Warrant Inclusion| Public Trust Allocation | $202,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedJan 16, 2018
SearchingTarget Pending
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyHycroft Mining Corporation
- SectorGold Mining
- Announced Deal Size$537,000,000
Board & Officers
- Diane R. Garrett, Ph.D.CEO
- Mudrick Capital Management, L.P.(2)Officer
- Sean D. GoodmanDirector
- Michael HarrisonDirector
- Stephen A. LangDirector
- David NaccaratiDirector
- Thomas WengDirector
- Marni WieshoferDirector
- Director
- Director
- Director
- Beau HarbourDirector
- Director
- Director
- Timothy DaileaderDirector
- Director
Advanced Structuring Terms
| Target Sectors | Gold Mining |
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.