Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 1186

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 10
Chunk 1186
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900,000  
     —%
  
    Polar Asset Management Partners Inc.(5) 
        
     7.9% 
     1,880,000  
     —%
  
    AQR Capital Management, LLC(6) 
        
     8.32% 
     1,980,000  
     —%
  
    All directors and officers as a group (5 individuals) 
     —  
     2.18% 
     7,187,500  
     100%

*Less than one percent.

(1)Unless otherwise noted, the
business address of each of our stockholders is c/o 930 Tahoe Blvd STE 802 PMB 45 Incline Village, NV 89451.

71

(2)Represents shares held by our
sponsor. Each of Mr. Grinberg, Mr. Horlick and Mr. Vieser are members of our sponsor. The shares held by our sponsor are beneficially
owned by Mr. Grinberg, our Chief Executive Officer, and Mr. Horlick, our Chief Financial Officer, each managing members of our sponsor,
who have voting and dispositive power over the shares held by our sponsor.

(3)Does not include any shares
held by our sponsor. This individual is a member of our sponsor, as described in footnote 2.

(4)Based
                                            solely upon the Schedule 13G filed by Magnetar Financial LLC, Magnetar Capital Partners LP,
                                            Supernova Management LLC and David J. Snyderman on January 29, 2025.

(5)Based
solely upon the Schedule 13G filed by Polar Asset Management Partners Inc. on February 14, 2025.

(6)Based
solely upon the Schedule 13G filed by AQR Capital Management, LLC, AQR Capital Management Holdings, LLC and AQR Arbitrage, LLC on February
14, 2025.

Item 13. Certain Relationships and Related
Transactions, and Director Independence.

On June 27, 2024, the Sponsor
made a capital contribution of $25,000 to cover certain expenses on behalf of the Company in exchange for issuance of 7,187,500 Class
B ordinary (the “Founder Shares”). Subsequently, on December 12, 2024, the Company, through a share capitalization, issued
an additional 359,375 Founder Shares to the Sponsor, resulting in