Item 8.01. Other Events.
Separate Trading of Units, Class A Common Stock and Warrants
As previously reported, on December 10, 2020, Mudrick Capital Acquisition
Corporation II, a Delaware corporation (the "Company"), consummated its initial
public offering (the "IPO") of 27,500,000 units (the "Units"). On December 14,
2020, the underwriters in the IPO exercised their over-allotment option in full
and purchased additional 4,125,000 Units. Each Unit consists of one share of
Class A common stock of the Company, par value $0.0001 per share ("Class A
Common Stock"), and one-half of one redeemable warrant of the Company
("Warrant"), with each whole Warrant entitling the holder thereof to purchase
one share of Class A Common Stock for $11.50 per share. The Units were sold at a
price of $10.00 per Unit, generating gross proceeds to the Company of
$316,250,000.
On January 28, 2021, the Company issued a press release, a copy of which is
attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the
holders of the Units may elect to separately trade shares of the Class A Common
Stock and the Warrants comprising the Units commencing on January 29, 2021.
Those Units not separated will continue to trade on The Nasdaq Capital Market
under the symbol "MUDSU," and the Class A Common Stock and Warrants that are
separated will trade on The Nasdaq Capital Market under the symbols "MUDS" and
"MUDSW," respectively. No fractional warrants will be issued upon separation of
the Units and only whole Warrants will trade. Holders of Units will need to
instruct their brokers to contact Continental Stock Transfer & Trust Company,
the Company's transfer agent, to separate their Units into shares of Class A
Common Stock and Warrants.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is filed herewith:
Exhibit No. Description of Exhibits
99.1 Press Release, dated January 28, 2021.
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MUDRICK CAPITAL ACQUISITION CORPORATION II 
