On March 23, 2020, Mudrick Capital Management, LP announced that its legal counsel delivered a letter to Quorum Health Corporation’s board of directors to express Mudrick Capital’s concerns that the Company has yet to reach an agreement with certain of its lenders to ensure that it remains a viable going concern without the need for a bankruptcy filing or other reorganization. In the Letter, Mudrick Capital expressed its view that pursuing a value destructive restructuring process with the Company’s creditors is unnecessary and contrary to the Board’s fiduciary obligations to shareholders. Mudrick Capital concluded the letter by requesting a meeting with the Board to discuss the actions that it views are necessary for the Company to correct its course.