Sec Form 4 Filing - Mudrick Capital Management, L.P. @ HYCROFT MINING HOLDING CORP - 2021-11-15

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Mudrick Capital Management, L.P. 2. Issuer Name and Ticker or Trading Symbol HYCROFT MINING HOLDING CORP [ HYMC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 527 MADISON AVENUE, 6TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 11/15/2021 (Street) NEW YORK, NY10022 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 11/15/2021 M 10,095( 2 ) A $ 0 24,416,878 I See Notes( 1 ) Class A Common Stock 11/15/2021 M 2,243( 3 ) A $ 0 24,419,121 I See Notes( 1 ) Class A Common Stock 11/15/2021 M 10,135( 4 ) A $ 0 24,429,256( 5 ) I See Notes( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units ( 6 ) 11/15/2021 M 10,135 ( 4 ) ( 4 ) Class A Common Stock 10,135 $ 0 0 I See Notes( 1 )( 7 ) Restricted Stock Units ( 6 ) 11/15/2021 M 2,243 ( 3 ) ( 3 ) Class A Common Stock 2,243 $ 0 0 I See notes( 1 )( 7 ) Restricted Stock Units ( 6 ) 11/15/2021 M 10,095 ( 2 ) ( 2 ) Class A Common Stock 10,095 $ 0 0 I See notes( 1 )( 7 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Mudrick Capital Management, L.P. 527 MADISON AVENUE 6TH FLOOR NEW YORK, NY10022 X Mudrick Jason 527 MADISON AVENUE 6TH FLOOR NEW YORK, NY10022 X Mudrick Capital Management LLC 527 MADISON AVENUE 6TH FLOOR NEW YORK, NY10022 X Signatures See Exhibit 99.1 11/17/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This statement is being filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("Mudrick Capital"); Mudrick Capital Management, LLC ("Mudrick Capital GP"), the general partner of Mudrick Capital; and Jason Mudrick, the managing member of Mudrick Capital GP. ( 2 )Represents the conversion of vested Restricted Stock Units ("RSUs") previously granted by the Issuer on December 4, 2021, into shares of Class A Common Stock in connection with Mr. Kirsch's separation from service to the board of directors in accordance with the applicable award agreement. ( 3 )Represents the conversion of vested RSUs previously granted by the Issuer on December 4, 2021, into shares of Class A Common Stock in connection with Mr. Kirsch's separation from service to the board of directors in accordance with the applicable award agreement. ( 4 )Represents the conversion of vested RSUs previously granted by the Issuer on May 24, 2021, into shares of Class A Common Stock in connection with Mr. Kirsch's separation from service to the board of directors in accordance with the award agreement. ( 5 )Represents 24,429,256 shares of Class A Common Stock held as follows: 22,473 by Mudrick Capital; 10,079,998 by Mudrick Distressed Opportunity Fund Global, L.P.; 2,594,137 by Mudrick Distressed Opportunity Drawdown Fund, L.P.; 2,156,395 by Mudrick Distressed Opportunity Drawdown Fund II, L.P.; 622,249 by Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.; 34,410 by Mudrick Distressed Senior Secured Fund Global, L.P.; and 8,919,594 by certain accounts managed by Mudrick Capital. ( 6 )Each RSU represents a contingent right to receive one share of HYMC Class A Common Stock, par value $0.0001 per share. ( 7 )David Kirsch, a Managing Director and Senior Analyst at Mudrick Capital, served as a director on the Board of Directors of the Issuer until his resignation on November 9, 2021.

Remarks: Exhibit 99.1 Joint Filer Information) incorporated herein by reference.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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