Exhibit 1

 

JOINT FILING AGREEMENT

 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of the Schedule 13G to which this Agreement is an exhibit (and any further amendment filed by them) with respect to the ordinary shares, par value $0.0001 of Vertical Aerospace, Ltd. This agreement may be executed simultaneously in any number of counterparts, all of which together shall constitute one and the same instrument.

 

Dated:  December 22, 2022

 
 /s/ Jason Mudrick
  JASON MUDRICK

 

  MUDRICK CAPITAL MANAGEMENT, L.P.
     
  By: Mudrick Capital Management, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY FUND GLOBAL, L.P.
   
  By: Mudrick GP, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title:

Sole Member

 

  MUDRICK GP, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

 

 

  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, L.P.
     
  By: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK CAPITAL MANAGEMENT, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II SC, L.P.
     
  By: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II GP, LLC

 

         By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

 

 

  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND, L.P.
   
  By: Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND GP, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND, L.P.
 
  By: Mudrick Distressed Opportunity SIF Master Fund LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND GP, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

 

 

  MUDRICK STRESSED CREDIT MASTER FUND, L.P.
 
  By: Mudrick Stressed Credit Fund GP LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  MUDRICK STRESSED CREDIT FUND GP, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  Mudrick Opportunity Co-Investment Fund, LP
 
  By: Mudrick Opportunity Co-Investment Fund GP, LLC, its general partner

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

  Mudrick Opportunity Co-Investment Fund GP, LLC

 

  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member