Blue Nile, Leading Fine Jewelry Online Retailer, to Become a Public Company
Blue Nile, Inc. to combine with Mudrick Capital Acquisition Corporation II (NASDAQ:MUDS) Transaction expected to provide up to ~$450 million of capital, including $50 million of new preferred equity provided by Mudrick Capital. Also includes $80 million of committed PIPE capital (~$50M of which has been pre-funded) from existing Blue Nile sponsors and Mudrick CapitalTransaction implies pro forma enterprise value for Blue Nile of approximately $683 million BELLEVUE, Wash. and NEW YORK, June 10, 2022 (GLOBE NEWSWIRE) -- Blue Nile, Inc. ("Blue Nile" or "the Company"), the leading online retailer of GIA graded, conflict-free diamonds, diamond engagement rings, and fine jewelry, and Mudrick Ca