Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 61

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1
Chunk 61
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. Grinberg has over 20 years of experience as a director, Chairman, President or Chief Financial Officer of
several NASDAQ and NYSE listed companies. He was extensively involved in the IPO of Axos Financial, Inc. (NYSE: AX formerly NASDAQ: BOFI)
and has managed key aspects of running a public company. During his tenure at Axos, annual earnings have grown from $2 million to
$450 million and total assets were approximately $23 billion as of its fiscal year ended June 30, 2024. This was accomplished
through a diversification into new digital product offerings, expansions into new business lines like securities clearing services and
an advisory business, significant investments in technology and strategic M&A. As a result of its innovative approach, Axos has
received numerous awards, including being named one of America’s best banks by Forbes, being listed on Fortune’s list of Fastest
Growing Companies for many years, and receiving many awards for product innovation. During his tenure at Encore from 2004 to 2018,
the business expanded in scale (measured by estimated remaining collections) more than 16x. This was the result of a combination
of M&A to consolidate the market in the United States, expansion into new business lines, improvements in margins driven by technology
improvements, leveraging decision science throughout the operations, cost efficiencies realized through offshoring certain functions and
operations, and expanding the business from a United States only presence to an international company, with operations in 15 countries
in North America, Europe, Latin America and Asia.

2

Founders Want to Work with Us

Our management team and board
know the challenges that management teams face because they’ve experienced them firsthand and can provide insight and guidance.
The ability to transfer the knowledge they’ve gained through advising, building and growing businesses in the private and public
markets will be a key differentiator in identifying and closing a successful acquisition.

Our Management Team

Our management team is led
by Paul Grinberg, our Chief Executive Officer and Chairman of the board, and Douglas Horlick, our President and Chief Financial Officer.
Our board of directors also includes Jeffrey Lager, Michael Marquez and Jaime W. Vieser. With decades of experience, the members
of our management team have successfully identified and capitalized on emerging technological and secular trends across different sectors.
In addition, our management team has deep transaction experience, having executed and integrated numerous