Company: MLAC
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001213900-25-108244
Chunk: 4

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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) 
    $(7,390,547)

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2024
AND FOR THE PERIOD FROM JUNE 14, 2024 (INCEPTION) THROUGH SEPTEMBER 30, 2024

    Class A Ordinary Shares  
    Class B Ordinary Shares  
    Additional Paid-in  
    Accumulated  
    Total Shareholders’
Equity 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
     (Deficit) 
  
    Balance — June 14, 2024 (inception) 
     —  
    $—  
     —  
    $—  
    $—  
    $—  
    $— 
  
    Issuance of Founder shares to the
 Sponsor (1) 
     —  
     —  
     7,187,500  
     719  
     24,281  
     —  
     25,000 
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     (18,953) 
     (18,953)
  
    Balance — June 30, 2024 (unaudited) 
     —  
     —  
     7,187,500  
     719  
     24,281  
     (18,953) 
     6,047 
  
    Net loss 
     —  
     —  
     —  
     —  
     —  
     (25,805) 
     (25,805)
  
    Balance — September 30, 2024 (unaudited) 
     —  
    $—  
     7,187,500  
    $719  
    $24,281  
    $(44,758) 
    $(19,758)

  (1) Included up to 984,375 shares subject to forfeiture as of September
30, 2024, if the over-allotment option was not exercised in full or in part by the underwriters. On December 16, 2024, the underwriters
partially exercised their over-allotment option as part