Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

Congratulations Warriors ! I see anti-dilution in the filling

Page F-82

The table below summarizes the estimated pro forma loss per share as a result of the transactions had such transactions occurred on January 1, 2019. After the transaction, there will be (1) 34.3 million warrants to purchase shares of MUDS common stock outstanding at an exercise price of $11.50 per share and (2) an additional number of warrants to purchase shares of MUDS common stock pursuant to the assumption of the outstanding Seller warrants, the quantity and exercise price of which will be determined pursuant to the terms of Seller Warrant Agreement to be assumed by MUDS upon consummation of the Recapitalization Transaction; however, since all warrant instruments would be anti-dilutive, they were excluded from the below calculations.