Mudrick Capital Acquisition Corp. II

CIK:0001820727|SEC Filings
v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
General and administrative expenses $ 551,052 $ 3,074,794 $ 2,197,585 $ 3,796,421
Loss from operations (551,052) (3,074,794) (2,197,585) (3,796,421)
Other income (expense):        
Interest earned on marketable securities held in Trust Account 239,233 4,321 243,718 34,579
Change in fair value of warrants 3,467,375 (112,825,786) 13,539,588 (107,861,903)
Total other income (expense), net 3,706,608 (112,821,465) 13,783,306 (107,827,324)
Income before provision for income taxes 3,155,556 (115,896,259) 11,585,721 (111,623,745)
Provision for income taxes (6,036) 0 (6,036) 0
Net income (loss) 3,149,520 (115,896,259) 11,579,685 (111,623,745)
Class A Common Stock        
Other income (expense):        
Net income (loss) $ 2,519,616 $ (92,717,007) $ 9,263,748 $ (89,298,996)
Weighted average shares outstanding, Basic 31,625,000 31,625,000 31,625,000 31,625,000
Weighted average shares outstanding, Diluted 31,625,000 31,625,000 31,625,000 31,625,000
Basic net income (loss) per share $ 0.08 $ (2.93) $ 0.29 $ (2.82)
Diluted net income (loss) per share $ 0.08 $ (2.93) $ 0.29 $ (2.82)
Class B Common Stock        
Other income (expense):        
Net income (loss) $ 629,904 $ (23,179,252) $ 2,315,937 $ (22,324,749)
Weighted average shares outstanding, Basic 7,906,250 7,906,250 7,906,250 7,906,250
Weighted average shares outstanding, Diluted 7,906,250 7,906,250 7,906,250 7,906,250
Basic net income (loss) per share $ 0.08 $ (2.93) $ 0.29 $ (2.82)
Diluted net income (loss) per share $ 0.08 $ (2.93) $ 0.29 $ (2.82)