NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Mudrick
Capital Acquisition Corporation II (Nasdaq: MUDS) announced today
that the Agreement and Plan of Merger with Topps Intermediate
Holdco, Inc. and Tornante-MDP Joe Holding LLC has been terminated
by mutual agreement, after notification on August 19, 2021 from Major League Baseball and
the Major League Baseball Players Association that they would not
be renewing their respective agreements with The Topps Company when
they come up for renewal at the end of 2025 and 2022,
respectively.
About Mudrick Capital Acquisition Corporation II
MUDS is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. The company is led by Chief Executive
Officer and Chairman of the Board of Directors, Jason Mudrick, Chief Financial Officer,
Glenn Springer, Vice President,
Victor Danh and Vice President,
David Kirsch. Its sponsor is an
affiliate of Mudrick Capital Management, L.P., which currently
manages approximately $3.7 billion
with a specialty in event-driven and special situation investing in
public and private companies in North
America. Additional information regarding MUDS may be found
at: www.MudrickCapitalAcquisitionCorp.com.
Cautionary Language Regarding Forward-Looking
Statements
This release includes "forward-looking statements" within the
meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. This includes,
without limitation, statements regarding the Company's intention to
pursue any transaction. Forward-looking statements may be
identified by the use of words such as "forecast," "intend,"
"seek," "target," "anticipate," "believe," "expect," "estimate,"
"plan," "outlook," and "project" and other similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. Such forward-looking statements
may include estimated financial information, including with respect
to revenues, earnings, performance, strategies, prospects and other
aspects of the business of MUDS, and are based on current
expectations that are subject to known and unknown risks and
uncertainties, which could cause actual results or outcomes to
differ materially from expectations expressed or implied by such
forward-looking statements. Investors are cautioned not to place
undue reliance upon any forward-looking statements, which speak
only as of the date made. MUDS undertakes no commitment to update
or revise the forward-looking statements, whether as a result of
new information, future events or otherwise. The forward-looking
statements in this release speak as of the date of its publication.
Although MUDS may from time to time voluntarily update its prior
forward-looking statements, it disclaims any commitment to do so
whether as a result of new information, future events, changes in
assumptions or otherwise except as required by applicable
securities laws.
CONTACT
Jason Mudrick
Chief Executive Officer
Mudrick Capital Acquisition Corporation II
(646) 747-9500
jmudrick@mudrickcapital.com
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SOURCE Mudrick Capital Acquisition Corporation II
