* Mountain Lake Acquisition (NASDAQ:MLAC [https://seekingalpha.com/symbol/MLAC]) announced [https://seekingalpha.com/pr/20252234-avalanche-treasury-co-announces-675-million-business-combination-with-mountain-lake] business combination valued at over $675 million with Avalanche Treasury (AVAT).
* The transaction includes approximately $460 million in treasury assets and is designed to create a leading public vehicle for AVAX exposure.
* The combined company expects to list on Nasdaq in Q1 2026.
* AVAT launches with an initial AVAX token purchase at a discount to market price and 18-month priority on Avalanche Foundation sales to U.S. digital asset treasury companies and delivers an entry point of 0.77x multiple of NAV for investors, a 23% discount compared to buying AVAX directly or through passive ETF alternatives.
* Its stock price gained 1.9% on Thursday during pre-market hours of trading.
MORE ON MOUNTAIN LAKE ACQUISITION CORP.
* Financial information for Mountain Lake Acquisition Corp. [https://seekingalpha.com/symbol/MLAC/income-statement]
Mountain Lake Acquisition announces $675 million combination with Avalanche Treasury
Published 1 month ago
Oct 2, 2025 at 9:26 AM
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