M&A - Mudrick Capital Management, L.P.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-07-14

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465925067874

Filing Summary: This Amendment No. 5 updates the statement on Schedule 13D filed by Mudrick Capital Management, L.P. and its associated funds regarding their holdings in Vertical Aerospace Ltd. On July 10, 2025, the Issuer completed a public offering of approximately $60 million in Ordinary Shares at $5.00 per share, where the Mudrick Funds collectively purchased approximately 2.5 million Ordinary Shares. The filing reports a total of 140,674,157 Ordinary Shares outstanding, incorporating shares from prior acquisitions, convertible notes, and warrants. The Reporting Persons review their investment strategy regarding the Issuer's securities regularly and may engage in various transactions involving them, including potential sales or further acquisitions based on market conditions and investment considerations. This amendment does not alter previously reported information, aside from updates reflected herein.