The SPAC Deal: Topps, an 80-year-old trading card company, announced Tuesday a merger with
Mudrick Capital Acquisition Corporation II (NASDAQ:MUDS).
Michael Eisner serves as the Chairman of Topps and will stay in his current role and maintain his ownership stake in the new company. Eisner is the former CEO of the
Walt Disney Co (NYSE:DIS).
Current shareholders of Mudrick Capital Acquisition Corporation II will own 28% of the company after the merger. Shares will trade as TOPP on the Nasdaq.
About Topps: Best known for its trading cards, Topps is one of the oldest brands in the industry.
Topps has licensing partnerships with Major League Baseball, the National Hockey League, several soccer leagues, Formula One,
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