Mudrick Capital, a US investment fund that handed Vertical Aerospace $200m in cash three years ago, is now attempting to rescue the business by converting its debt into equity.

The $90 million raise includes over $60 million from new investors, as well as $25 million from Mudrick Capital, following the signing of the investment agreement on December 20, 2024 (the ...

Getaround reports that it has reached an extended debt facility agreement with Mudrick Capital Management. This makes another $50 million in financing available to the company. It also already ...