Company: MLAC
Filing Date: 2025-12-30
Form Type: 425
Source: 0001213900-25-126602
Chunk: 8

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-12-30
Form: 425
Chunk 8
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 or different, you know, kind of new builders that are building applications on top of Avalanche, some
of that will accrue down because there will be a network effect. But if you could get a little piece where you could invest in some of
those companies, that probably gives you a much better exposure to the growth of the ecosystem. So we’re going to own AVAX. We’re
going to stake it. Historically, very conservatively, that’s gotten mid-single digits to high single digit kind of yield returns
from taking the AVAX and using it to secure the blockchain. So we can do that. There’s other things that we would love to be able
to do. Can we buy a validator and run our own nodes? And could we lend our AVAXs to builders and applications and L1s that are building
on Avalanche? And can we work with them to help them with their staking, with the AVAXs they need? Can we work with them to make their
businesses better? Can we do DeFi activities in the space? Can we, there are derivatives, obviously, coming from Susquehanna, there’s
a lot of derivative activity that you could do with options and future strategies that can generate diversified and maybe in some cases,
higher levels of income. So what you end up getting is this diversified pool of exposures that should do better if the ecosystem does
really well than if you just owned the token itself. So like, you know, that is the thesis that we’re going after is that we can
provide a much better kind of holistic exposure for value accrual for individuals in a way that is the access they want, right? Like many,
you know, many high net worth individuals and institutions, like they just, they’re either can’t or do not want to buy, you
know, spot commodities, digital asset commodities on unregulated exchanges. That’s just not how they want to interact. So if I can
create, you know, a public company where people can invest through convertible bonds or through preferreds or through straight equity,
and they can hold it in their brokerage account and they can invest in it just like they invest in everything else. And then you have
this exposure where we can take that capital and then we can put that into the enterprise that is Avalanche. And you would imagine that
that capital coming in should provide more gas for the fire, so to speak, right? You’re going to help to implement more