Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 200

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1
Chunk 200
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 fees
from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the tender offer materials
or proxy solicitation materials furnished to our shareholders in connection with a proposed initial business combination. We have not
established any limit on the amount of such fees that may be paid by the combined company to our directors or members of management. It
is unlikely the amount of such compensation will be known at the time of the proposed initial business combination, because the directors
of the post-combination business will be responsible for determining officer and director compensation. Any compensation to be paid
to our officers will be determined, or recommended to the board of directors for determination, either by a compensation committee constituted
solely by independent directors or by a majority of the independent directors on our board of directors.

Upon
the closing of our initial public offering, we entered into a registration rights agreement with respect to the founder shares, Class
A Ordinary Shares underlying the private placement units and Class A Ordinary Shares
underlying units issued upon conversion of working capital loans (if any).

Item 14. Principal Accountant Fees and
Services.

The firm of WithumSmith+Brown, PC, or Withum,
acts as our independent registered public accounting firm. The following is a summary of fees paid to Withum for services rendered.

Audit Fees. During the period from June
14, 2024 (inception) through December 31, 2024, fees for our independent registered public accounting firm were approximately $66,560
for the services Withum performed in connection with our Initial Public Offering and the audit of our December 31, 2024 financial statements
included in this Annual Report on Form 10-K.

73

Audit-Related Fees. During the period from
June 14, 2024 (inception) through December 31, 2024, our independent registered public accounting firm did not render assurance and related
services related to the performance of the audit or review of financial statements.

Tax Fees. During the period from June 14,
2024 (inception) through December 31, 2024, our independent registered public accounting firm did not render services to us for tax compliance,
tax advice and tax planning.

All Other Fees. During the period from
June 14, 2024 (inception) through December 31, 2024, there were no fees billed for products and services provided by our independent registered
public accounting firm other