Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 399

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1B
Chunk 399
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locks and Insider
Participation

None
of our executive officers currently serves, and in the past year has not served, as a member of the board of directors or compensation
committee of any entity that has one or more executive officers serving on our board of directors.

Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters.

We have no compensation
plans under which equity securities are authorized for issuance.

The following table sets
forth information regarding the beneficial ownership of our common stock as of the date of this annual report, by:

●each person known by us to
be the beneficial owner of more than 5% of our outstanding shares of common stock;

●each of our executive officers
and directors; and

●all our executive officers
and directors as a group.

As of the date of this
annual report, we had 23,805,000 shares of Class A common stock and 7,187,500 shares of Class B common stock, issued and outstanding.

Unless otherwise indicated,
we believe that all persons named in the table have sole voting and investment power with respect to all shares of common stock beneficially
owned by them. The following table does not reflect record or beneficial ownership of the private placement warrants as these warrants
are not exercisable within 60 days of the date of this annual report.

    Class A Common Stock  
    Class B Common Stock 
  
    Name and Address of Beneficial Owner (1) 
    Beneficially Owned  
    Approximate Percentage of Issued and Outstanding Class A Common Stock  
    Beneficially Owned  
    Approximate Percentage of Issued and Outstanding Class B Common Stock 
  
    Mountain Lake Acquisition Sponsor LLC(2) 
     —  
     2.18% 
     7,137,500(2) 
     99.3%
  
    Paul Grinberg (2) 
     —  
     —% 
     7,137,500(2) 
     99.3%
  
    Douglas Horlick (2) 
     —  
     —% 
     7,137,500(2) 
     99.3%
  
    Jaime W. Vieser (3) 
     —  
     —% 
     —  
     — 
  
    Michael Marquez 
     —  
     —% 
     25,000