HYCROFT MINING HOLDING CORP — Director's Dealing 2018

Feb 8, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Mudrick Capital Acquisition Corp (MUDS)
CIK: 0001718405
Period of Report: 2018-02-07

Reporting Person: Mudrick Capital Acquisition Holdings LLC (10% Owner)
Reporting Person: Mudrick Capital Management, L.P. (10% Owner)
Reporting Person: Mudrick Jason (Director, CEO, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (5750000)		Direct

Footnotes

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-222562) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.

F2: These shares represent Class B common stock held by Mudrick Capital Acquisition Holdings LLC, acquired pursuant to a subscription agreement by and between Mudrick Capital Acquisition Holdings LLC and the issuer. The Class B common stock owned by reporting persons includes up to 750,000 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.

F3: Mudrick Capital Management, L.P. is the managing member of our sponsor and has voting and investment discretion with respect to the securities held by our sponsor. Jason Mudrick is the sole member of Mudrick Capital Management, LLC, the general partner of Mudrick Capital Management, L.P. As such, Mudrick Capital Management, L.P., Mudrick Capital Management, LLC and Jason Mudrick may be deemed to have beneficial ownership of the common stock held directly by our sponsor. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.