0001140361-22-033527.txt : 20220915 0001140361-22-033527.hdr.sgml : 20220915 20220915191824 ACCESSION NUMBER: 0001140361-22-033527 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220913 FILED AS OF DATE: 20220915 DATE AS OF CHANGE: 20220915 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Jason CENTRAL INDEX KEY: 0001367262 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246752 MAIL ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Capital Management, L.P. CENTRAL INDEX KEY: 0001655183 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246753 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747 9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick GP, LLC CENTRAL INDEX KEY: 0001656059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246746 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Capital Management LLC CENTRAL INDEX KEY: 0001730922 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246751 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 6467479500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC CENTRAL INDEX KEY: 0001813765 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246750 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Drawdown Fund II, L.P. CENTRAL INDEX KEY: 0001763080 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246749 BUSINESS ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. CENTRAL INDEX KEY: 0001813394 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246748 BUSINESS ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 747-9500 MAIL ADDRESS: STREET 1: C/O MUDRICK CAPITAL MANAGEMENT, L.P. STREET 2: 527 MADISON AVENUE, 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mudrick Distressed Opportunity Fund Global, LP CENTRAL INDEX KEY: 0001813628 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38387 FILM NUMBER: 221246747 BUSINESS ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-747-9500 MAIL ADDRESS: STREET 1: 527 MADISON AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HYCROFT MINING HOLDING CORP CENTRAL INDEX KEY: 0001718405 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 822657796 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4300 WATER CANYON ROAD STREET 2: UNIT 1 CITY: WINNEMUCCA STATE: NV ZIP: 89445 BUSINESS PHONE: 7753040260 MAIL ADDRESS: STREET 1: 4300 WATER CANYON ROAD STREET 2: UNIT 1 CITY: WINNEMUCCA STATE: NV ZIP: 89445 FORMER COMPANY: FORMER CONFORMED NAME: Mudrick Capital Acquisition Corp DATE OF NAME CHANGE: 20171002 4 1 form4.xml FORM 4 X0306 4 2022-09-13 0001718405 HYCROFT MINING HOLDING CORP HYMC 0001655183 Mudrick Capital Management, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 true 0001367262 Mudrick Jason C/O MUDRICK CAPITAL MANAGEMENT, L.P. 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 true 0001730922 Mudrick Capital Management LLC 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 true 0001813765 Mudrick Distressed Opportunity Drawdown Fund II GP, LLC 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 true 0001763080 Mudrick Distressed Opportunity Drawdown Fund II, L.P. 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 true 0001813394 Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 true 0001813628 Mudrick Distressed Opportunity Fund Global, LP 527 MADISON AVENUE, 6TH FLOOR NEW YORK NY 10022 true 0001656059 Mudrick GP, LLC 527 MADISON AVENUE 6TH FLOOR NEW YORK NY 10022 true Warrants 10.5 2022-09-13 4 S 0 32000 0.1839 D 2020-10-06 2025-10-06 Class A Common Stock 32000 3190222 I See Notes Warrants 10.5 2022-09-14 4 S 0 40201 0.158 D 2020-10-06 2025-10-06 Class A Common Stock 40201 3150021 I See Notes Warrants 10.5 2022-09-15 4 S 0 3000 0.1693 D 2020-10-06 2025-10-06 Class A Common Stock 3000 3147021 I See Notes This statement is being filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("Mudrick Capital"); Mudrick Capital Management, LLC ("Mudrick Capital GP"); Jason Mudrick; Mudrick Distressed Opportunity Drawdown Fund II GP, LLC ("Mudrick Drawdown Fund II GP"), Mudrick Distressed Opportunity Drawdown Fund II, L.P. ("Mudrick Drawdown Fund II"), Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. ("Mudrick Drawdown Fund II SC"), Mudrick Distressed Opportunity Fund Global, L.P. ("Mudrick Opportunity Fund") and Mudrick GP, LLC ("Mudrick GP"). Represents the sale of warrants to buy shares of the Issuer's Class A Common Stock as follows: 6,396 by Mudrick Opportunity Fund; 6,179 by Mudrick Drawdown Fund II SC; 14,932 by Mudrick Drawdown Fund II; and 4,493 by certain client accounts managed by Mudrick Capital (together with Mudrick Opportunity Fund, Mudrick Drawdown Fund II SC and Mudrick Drawdown Fund II, the "Mudrick Funds"). The price represents the weighted average price of the warrants sold. The warrants were sold within a range of $0.16 to $0.21, inclusive. The Reporting Persons undertake to provide, upon request by the SEC staff, the Issuer, or any security holder of the Issuer, information regarding the number of warrants sold at each separate price within the range. Represents warrants to buy shares of Class A Common Stock directly held as follows: 637,660 by Mudrick Opportunity Fund; 616,070 by Mudrick Drawdown Fund II SC; 1,488,621 by Mudrick Drawdown Fund II; and 447,871 by the Managed Accounts. Represents the sale of warrants to buy shares of the Issuer's Class A Common Stock as follows: 8,035 by Mudrick Opportunity Fund; 7,763 by Mudrick Drawdown Fund II SC; 18,759 by Mudrick Drawdown Fund II; and 5,644 by certain client accounts managed by Mudrick Capital. The price represents the weighted average price of the warrants sold. The warrants were sold within a range of $0.15 to $0.16, inclusive. The Reporting Persons undertake to provide, upon request by the SEC staff, the Issuer, or any security holder of the Issuer, information regarding the number of warrants sold at each separate price within the range. Represents warrants to buy shares of Class A Common Stock directly held as follows: 629,625 by Mudrick Opportunity Fund; 608,307 by Mudrick Drawdown Fund II SC; 1,469,862 by Mudrick Drawdown Fund II; and 442,227 by the Managed Accounts. Represents the sale of warrants to buy shares of the Issuer's Class A Common Stock as follows: 600 by Mudrick Opportunity Fund; 579 by Mudrick Drawdown Fund II SC; 1,400 by Mudrick Drawdown Fund II; and 421 by certain client accounts managed by Mudrick Capital. Represents warrants to buy shares of Class A Common Stock directly held as follows: 629,025 by Mudrick Opportunity Fund; 607,728 by Mudrick Drawdown Fund II SC; 1,468,462 by Mudrick Drawdown Fund II; and 441,806 by the Managed Accounts. Mudrick Capital is the investment manager of each of the Mudrick Funds and has voting and investment discretion with respect to the securities held by the Mudrick Funds. Jason Mudrick is the sole member of each of Mudrick Capital GP, the general partner of Mudrick Capital, Mudrick Drawdown Fund II GP, the general partner of Mudrick Drawdown Fund II and Mudrick Drawdown Fund II SC, and Mudrick GP, the general partner of Mudrick Opportunity Fund. Mudrick Capital, Mudrick Capital GP and Jason Mudrick may be deemed to have beneficial ownership of the equity securities of the Issuer owned by the Mudrick Funds, Mudrick Drawdown Fund II GP may be deemed to have beneficial ownership of the securities owned by Mudrick Drawdown Fund, Mudrick Drawdown Fund II GP may be deemed to have beneficial ownership of the securities owned by Mudrick Drawdown Fund II and Mudrick Drawdown Fund II SC and Mudrick GP may be deemed to beneficially own the securities owned by Mudrick Opportunity Fund. The Reporting Persons disclaim any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities of the Issuer in excess of their respective pecuniary interests. Exhibit 99.1 (Joint Filer Information) incorporated herein by reference. See Exhibit 99.1 2022-09-15 EX-99.1 2 brhc10041925_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1

Joint Filer Information
Name of Joint Filer:
Jason Mudrick
   
Address of Joint Filer:
c/o Mudrick Capital Management, L.P.
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

By:
 /s/ Jason Mudrick  
Name:
Jason Mudrick
  
Date:
September 15, 2022
  

Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Mudrick Capital Management, LLC
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, LLC
 
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Managing Member
  
Date:
September 15, 2022
  
Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Mudrick Capital Management, L.P.
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
President
  
Date:
September 15, 2022
  

Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Mudrick Distressed Opportunity Drawdown Fund II GP, LLC
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Sole Member
  
Date:
September 15, 2022
  

Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Mudrick Distressed Opportunity Drawdown Fund II, L.P.
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Sole Member
  
Date:
September 15, 2022
  

Exhibit 99.1
Joint Filer Information

Name of Joint Filer:
Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Sole Member
  
Date:
September 15, 2022
  

Exhibit 99.1

Joint Filer Information

Name of Joint Filer:
Mudrick Distressed Opportunity Fund Global, L.P.
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Sole Member
  
Date:
September 15, 2022
  


Exhibit 99.1
Joint Filer Information

Name of Joint Filer:
Mudrick GP, LLC
   
Address of Joint Filer:
527 Madison Avenue
6th Floor
New York, NY 10022
   
Relationship of Joint Filer to Issuer:
10% Owner
   
Issuer Name and Ticker or Trading Symbol:
Hycroft Mining Holding Corporation [HYMC]
   
Date of Earliest Transaction Required to be Reported:
September 13, 2022
   
Designated Filer:
Mudrick Capital Management, L.P.

Signature:

Mudrick Capital Management, L.P.
   
/s/ Jason Mudrick  
By:
Jason Mudrick
  
Title:
Sole Member
  
Date:
September 15, 2022