Filing Details

Accession Number:
0001104659-22-126366
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-12 18:21:43
Reporting Period:
2022-12-08
Accepted Time:
2022-12-12 18:21:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1718405 Hycroft Mining Holding Corp HYMC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1367262 Jason Mudrick C/O Mudrick Capital Management, L.p.
527 Madison Avenue, 6Th Floor
New York NY 10022
No No Yes No
1655183 Mudrick Capital Management, L.p. 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1656059 Mudrick Gp, Llc C/O Mudrick Capital Management, L.p.
527 Madison Avenue, 6Th Floor
New York NY 10022
No No Yes No
1665193 Mudrick Distressed Opportunity Drawdown Fund, L.p. 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1730922 Mudrick Capital Management Llc 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1763080 Mudrick Distressed Opportunity Drawdown Fund Ii, L.p. 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1813394 Mudrick Distressed Opportunity Drawdown Fund Ii Sc, L.p. 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1813628 Mudrick Distressed Opportunity Fund Global, Lp 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1813630 Mudrick Distressed Opportunity Drawdown Fund Gp, Llc 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
1813765 Mudrick Distressed Opportunity Drawdown Fund Ii Gp, Llc 527 Madison Avenue
6Th Floor
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2022-12-08 500,000 $0.52 19,730,089 No 4 S Indirect See Notes
Class A Common Stock Disposition 2022-12-09 500,000 $0.52 19,230,089 No 4 S Indirect See Notes
Class A Common Stock Disposition 2022-12-12 500,000 $0.52 18,730,089 No 4 S Indirect See Notes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Notes
No 4 S Indirect See Notes
No 4 S Indirect See Notes
Footnotes
  1. 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 GP, LLC ("Mudrick Drawdown GP"); Mudrick Distressed Opportunity Drawdown Fund, L.P. ("Mudrick Drawdown Fund"); 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").
  2. Represents the sale of shares of the Issuer's Class A Common Stock as follows: 388,030 by Mudrick Drawdown Fund II; and 111,970 by Mudrick Drawdown Fund II SC.
  3. The shares were sold within a range of $0.5102 to $0.54, inclusive.
  4. The price represents the weighted average price of the shares sold. 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 shares sold at each separate price within the range.
  5. The shares were sold within a range of $0.5111 to $0.5419, inclusive.
  6. The shares were sold within a range of $0.5016 to $0.5365, inclusive.
  7. Represents the shares of the Issuer's Class A Common Stock directly held following the reported sales as follows: 8,366,820 by Mudrick Opportunity Fund; 2,153,242 by Mudrick Drawdown Fund; 625,807 by Mudrick Drawdown Fund II; 180,584 by Mudrick Drawdown Fund II SC; and 7,403,636 by certain accounts managed by Mudrick Capital and shares held by Mudrick Capital Management, L.P. on behalf of Mudrick Stressed Credit Master Fund, L.P. (the "Managed Accounts" and together with Mudrick Drawdown Fund, Mudrick Drawdown Fund II, Mudrick Drawdown Fund II SC and the Mudrick Opportunity Fund, the "Mudrick Funds").
  8. 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 GP, the general partner of Mudrick Drawdown Fund, 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.
  9. 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 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.
  10. 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.