Company: MLAC
Filing Date: 2025-10-07
Form Type: 8-K
Source: 0001213900-25-097093
Chunk: 0

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-10-07
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01.

Entry into a Material Definitive Agreement.

Business Combination Agreement

On October 1, 2025, Mountain
Lake Acquisition Corp. (“ SPAC”) entered into a Business Combination Agreement (the “ Business Combination Agreement”)
with Avalanche Treasury Corporation, a Delaware corporation (“ Pubco”), Avalanche SPAC Merger Sub LLC, a Delaware limited
liability company (“ SPAC Merger Sub”), Avalanche Company Merger Sub LLC, a Delaware limited liability company (“ Company
Merger Sub”, and together with SPAC Merger Sub, the “ Pubco Subsidiaries”), Avalanche Treasury Company LLC,
a Delaware limited liability company (the “ Company”), and Dragonfly Digital Management, LLC, a Delaware limited liability
company (the “ Seller”). Capitalized terms used in this Current Report on Form 8-K but not otherwise defined herein
have the meanings given to them in the Business Combination Agreement.

Pursuant to the Business Combination
Agreement, and subject to the terms and conditions set forth therein, upon the consummation of the transactions contemplated thereby (the
“ Closing” and the date and time at which the Closing is actually held, the “ Closing Date”), (a)
prior to the Closing, SPAC will effect a domestication under Section 388 of the DGCL and the Cayman Act (the “ Domestication”),
pursuant to which SPAC will transfer by way of continuation to and become a Delaware corporation, (b) at least two hours after the Domestication,
SPAC Merger Sub will merge with and into SPAC, with SPAC continuing as the surviving company and a wholly-owned subsidiary of Pubco (the
“ SPAC Merger”) and with SPAC shareholders receiving one share of non-voting Class A common stock, par value $0.01 per
share, of Pubco (“ Pubco Class A Stock”) for each Class A ordinary share, par value $0.0001 per share, of SPAC (the
“ SPAC Class A Ordinary Shares”) held by such shareholder, and with each holder of SPAC Rights receiving one share of
Pubco Class A Stock in exchange for every ten (10) SPAC Rights held by such holder and (c) Company Merger Sub will merge with and into
the Company, with the Company continuing as the surviving company (the “ Company Merger” and, together with the SPAC
Merger, the “ Mergers” and, together with the other transactions contemplated