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Blue Nile Inc. plans to become a publicly traded company following an agreement to combine with special purpose acquisition company Mudrick Capital Acquisition Corp. II.

Related tickers: MUDS.

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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 Capital Acquisition Corporation II (NASDAQ: MUDS), a publicly-traded special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that will result in Blue Nile becoming a public company. Upon closing of the transaction, the combined company will be named Blue Nile and is expected to be listed on NASDAQ. The post-combination company will be led by Sean Kell, Blue Nile’s Chief Executive Officer, and the current management team.

Related tickers: MUDS.

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