Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 540

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 2
Chunk 540
---
 
  
    Loss from operations 
     (50,736)

    Other income: 

    Interest earned on marketable securities held in Trust Account 
     493,853 
  
    Total other income 
     493,853 

    Net income 
    $443,117 

    Weighted average shares outstanding of Class A ordinary shares 
     1,785,375 
  
    Basic net income per ordinary share, Class A ordinary shares 
    $0.06 

    Weighted average shares outstanding of Class A ordinary shares 
     1,785,375 
  
    Diluted net income per ordinary share, Class A ordinary shares 
    $0.05 

    Weighted average shares outstanding of Class B ordinary shares 
     6,182,813 
  
    Basic net income per ordinary share, Class B ordinary shares 
    $0.06 

    Weighted average shares outstanding of Class B ordinary shares 
     6,720,313 
  
    Diluted net income per ordinary share, Class B ordinary shares 
    $0.05 

The accompanying notes are an integral part
of these financial statements.

F-4

MOUNTAIN LAKE ACQUISITION CORP.

STATEMENT OF CHANGES IN SHAREHOLDERS’
DEFICIT

FOR THE PERIOD FROM JUNE 14, 2024 (INCEPTION)
THROUGH DECEMBER 31, 2024

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

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance — June 14, 2024 (inception) 
    —  
    $—  
     —  
    $—  
    $—  
    $—  
    $— 

    Issuance of Founder shares to the Sponsor (1) 
     —  
     —  
     7,546,875  
     755  
     24,245  
     —  
     25,000 

    Sale of Private Placement Units 
     805,000  
     81  
     —  
     —  
     8,049,919  
     —