Company: MLAC
Filing Date: 2025-11-21
Form Type: 425
Source: 0001213900-25-113275
Chunk: 0

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-11-21
Form: 425
Chunk 0
---
Filed by Mountain Lake Acquisition Corp.

pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

under the Securities Exchange Act of 1934

Subject Company: Mountain Lake Acquisition Corp.

Commission File 001-42436

Avalanche Treasury Corporation

Date: November 20, 2025

As previously disclosed, on October 1, 2025, Mountain
Lake Acquisition Corp., a Cayman Islands exempt company (“Mountain Lake” or “SPAC”), and Avalanche Treasury Corporation,
a Delaware corporation (“Pubco”), issued a press release announcing that they had entered into a Business Combination Agreement
(the “Business Combination Agreement”), dated as of October 1, 2025, with Avalanche SPAC Merger Sub LLC, a Delaware limited
liability company (“SPAC Merger Sub”), Avalanche Company Merger Sub LLC, a Delaware limited liability company (the “Company
Merger Sub”), Avalanche Treasury Company LLC, a Delaware limited liability company (“Newco”), and Dragonfly Digital
Management, LLC, a Delaware limited liability company (the “Seller”).

On October 29, 2025, Bart Smith, CEO of Pubco
made the communication on below article.

Avalanche Treasury Co.: Bridging Crypto Innovation and Institutional Finance

Wed, Oct. 29, 2025 01:30PM PST

Meagen Seatter

Avalanche Treasury Co. (AVAT) represents a milestone in the maturation
of blockchain-based digital assets as it transitions from speculative retail tools to mainstream institutional investment vehicles.

This newly launched investment vehicle, specifically designed to buy
and hold Avalanche (AVAX) tokens, gives institutional investors a compliant way to gain exposure to Avalanche’s ecosystem growth.
Its creation is emblematic of the broader financial ecosystem’s ongoing convergence with decentralized finance and blockchain innovation.

The Investing News Network (INN) spoke with CEO Bart Smith, who said
AVAT’s mission is to bridge the traditional and decentralized finance sectors to provide institutional investors with more than
passive exposure.

“This is a public company launching as an active, strategic partner
within the Avalanche network, offering a level of integration and alignment that investors have been demanding,” he said.

Navigating institutional adoption with purpose

AVAT’s upcoming US$675 million SPAC merger with Mountain Lake
Acquisition (NASDAQ:MLAC) positions it as a uniquely structured treasury dedicated to the Avalanche ecosystem.

With initial assets of nearly US$460 million