Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 242

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1A
Chunk 242
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rata portion of the funds in the trust account until we liquidate the trust account.
If you are in need of immediate liquidity, you could attempt to sell your shares in the open market; however, at such time our shares
may trade at a discount to the pro rata amount per share in the trust account. In either situation, you may suffer
a material loss on your investment or lose the benefit of funds expected in connection with your exercise of redemption rights until we
liquidate or you are able to sell your shares in the open market.

The requirement that we complete our initial business combination
within the completion window may give potential target businesses leverage over us in negotiating a business combination and may limit
the time we have in which to conduct due diligence on potential business combination targets, in particular as we approach our dissolution
deadline, which could undermine our ability to complete our initial business combination on terms that would produce value for our shareholders.

Any potential target business with which we enter
into negotiations concerning a business combination will be aware that we must complete our initial business combination within the completion
window. Consequently, such target business may obtain leverage over us in negotiating a business combination, knowing that if we do not
complete our initial business combination with that particular target business, we may be unable to complete our initial business combination
with any target business. This risk will increase as we get closer to the timeframe described above. In addition, we may have limited
time to conduct due diligence and may enter into our initial business combination on terms that we would have rejected upon a more comprehensive
investigation. The length of time it may take us to complete our diligence and negotiate a business combination may reduce the amount
of time available for us to ultimately complete an initial business combination should such diligence or negotiations not lead to a consummated
initial business combination.

Our search for a business combination, and any target business
with which we ultimately consummate a business combination, may be materially adversely affected by events that are outside of our control,
such as increased geopolitical unrest, pandemic outbreaks (such as COVID-19), and volatility in the debt and equity markets.

Our ability to find a potential target business
and the business of any potential business with which we may consummate a business combination could be materially and adversely affected
by events that are outside of our control. For example, geopolitical unrest (such as the ongoing military conflict between Russia and
Ukraine and the military conflict in Israel and Gaza), including war, terrorist activity and acts