---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-007781"
form_type: "8-K"
ticker: "HYMC"
cik: "0001718405"
company_name: "HYCROFT MINING HOLDING CORP"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:13:19.908603+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hycroft Mining secures Sprott waiver to pursue 1:10-1:25 reverse stock split

## Summary
- Waiver removes Credit Agreement restrictions on equity transactions and constating document amendments.
- Reverse split ratio set by Board between 1-for-10 and 1-for-25; shareholder vote required at annual meeting.
- Waiver covers Sections 8.2(g), 8.2(h), 8.2(k) of the Credit Agreement; no other terms changed.
- Company represents no Default or Event of Default is continuing as of waiver date.
- Reverse split not effectuated until shareholder approval and filing with Delaware Secretary of State.

## SEC filing metadata
- accession: 0001493152-23-007781
- form_type: 8-K
- ticker: HYMC
- cik: 0001718405
- company_name: HYCROFT MINING HOLDING CORP
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718405/000149315223007781/0001493152-23-007781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718405/000149315223007781/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-007781
- JSON: https://secwatch.observer/filing/0001493152-23-007781.json
- Plain text: https://secwatch.observer/filing/0001493152-23-007781.txt

## Key facts
- Material Agreements
  HYCROFT MINING HOLDING CORP entered into Waiver and Amendment with Sprott Private Resource Lending II (Collector), LP and Sprott Private Resource Lending II (Co) Inc. valued at Waiver of certain provisions of the Credit Agreement to allow Reverse Stock Split (effective 2023-03-09).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Sprott Private Resource Lending II (Collector), LP and Sprott Private Resource Lending II (Co) Inc.
  - Value: Waiver of certain provisions of the Credit Agreement to allow Reverse Stock Split
  - Effective: 2023-03-09
  source text: On March 9, 2023, Hycroft Mining Holding Corporation (the “Company”) entered into a letter agreement (the “Waiver and Amendment”), by and between the Company, Sprott Private Resource Lending II (Collector), LP (the “Lender”) and Sprott Private Resource Lending II (Co) Inc. (“SPRL II” and together with the Lender, the “Sprott Parties”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718405/000149315223007781/0001493152-23-007781-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.