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SPAC · Merger completed

Mountain Lake Acquisition Corp.

Business combination with Avalanche Treasury Corporation

Mountain Lake Acquisition Corp. is a blank-check company (SPAC) that raised $210M in its initial public offering on Dec 13, 2024, listing on Nasdaq Global Market. It completed its business combination with Avalanche Treasury Corporation on Jun 11, 2026; the combined company is Avalanche Treasury Corporation (AVAT). Delaware Liability Company led the IPO, with Paid Mountain Lake Acquisition Sponsor. Loeb & Loeb advised the SPAC and Kirkland & Ellis advised the underwriters on the IPO.

Status
Merger completed
IPO date
Dec 13, 2024
IPO size
$210M
IPO exchange
Nasdaq Global Market
Target
Avalanche Treasury Corporation (AVAT)
Announced
Oct 2, 2025
Stated deal value
$675M
Closed
Jun 11, 2026
Combined company
Avalanche Treasury Corporation (AVAT)
IPO underwriters
Delaware Liability Company and Paid Mountain Lake Acquisition Sponsor
SPAC counsel (IPO)
Loeb & Loeb and Forbes Hare
Underwriters' counsel (IPO)
Kirkland & Ellis

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