Jason Mudrick Is Raising More Money In a Bet on Rising Restructuring Opportunities

The distressed specialist is launching its second SPAC, one of several moves the firm has made in a play on Covid-19-induced corporate troubles.

Jason Mudrick (Michael Nagle/Bloomberg)

Jason Mudrick

(Michael Nagle/Bloomberg)

Jason Mudrick’s Mudrick Capital has filed plans to launch its second-blank check company.

The IPO is one of several recent and current fundraisings by the distressed investment specialist, as it seeks to take advantage of what it deems to be a sharp increase in opportunities to invest in the restructurings of struggling companies in the wake of the Covid-19-induced recession.

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