NEW YORK, June 2, 2021 /PRNewswire/ -- Mudrick Capital
Acquisition Corporation II (Nasdaq: MUDSU) (the "Company") today
announced it received a notice (the "Notice") on May 28, 2021 from the Listing Qualifications
Department of The Nasdaq Stock Market ("Nasdaq") stating that the
Company is not in compliance with Nasdaq Listing Rule 5250(c)(1)
because it had not timely filed its Quarterly Report on Form 10-Q
for the period ended March 31, 2021 (the "Q1 2021 Form 10-Q") with
the Securities and Exchange Commission (the "SEC") on or before May
24, 2021, the extended period provided for the filing under Rule
12b-25(b) of the Securities Exchange Act of 1934, as amended. The
Notice indicated that the Company has 60 calendar days, or until
July 26, 2021, to submit a plan to regain compliance and that
Nasdaq can grant an exception of up to 180 calendar days from the
Q1 2021 Form 10-Q due date, or until November 22, 2021, to regain
compliance.
Since receiving the Notice, the Company has filed its Q1 2021
Form 10-Q with the SEC on June 2,
2021 and is expected to regain compliance with the Nasdaq
listing requirements.
About Mudrick Capital Acquisition Corporation
II
Mudrick Capital Acquisition Corporation II is a special
purpose acquisition 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 or entities. For more information, please visit:
https://www.mudrickcapitalacquisitioncorp.com.
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SOURCE Mudrick Capital Acquisition Corporation II