Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 141

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1
Chunk 141
---
 Class A Ordinary Shares, our shareholders immediately prior to such transaction
could own less than a majority of our outstanding Class A Ordinary Shares subsequent to such transaction. In addition, other minority
shareholders may subsequently combine their holdings resulting in a single person or group obtaining a larger share of the company’s
shares than we initially acquired. Accordingly, this may make it more likely that our management will not be able to maintain control
of the target business.

Risks
Relating to Acquiring and Operating a Business in Foreign Countries

If
we effect our initial business combination with a company located outside of the United States, we would be subject to a variety
of additional risks that may adversely affect us.

If
we pursue a target company with operations or opportunities outside of the United States for our initial business combination, we
may face additional burdens in connection with investigating, agreeing to and completing such initial business combination, and if we
effect such initial business combination, we would be subject to a variety of additional risks that may negatively impact our operations.

If
we pursue a target a company with operations or opportunities outside of the United States for our initial business combination,
we would be subject to risks associated with cross-border business combinations, including in connection with investigating, agreeing
to and completing our initial business combination, conducting due diligence in a foreign jurisdiction, having such transaction approved
by any local governments, regulators or agencies and changes in the purchase price based on fluctuations in foreign exchange rates.

If
we effect our initial business combination with such a company, we would be subject to any special considerations or risks associated
with companies operating in an international setting, including any of the following:

●costs
and difficulties inherent in managing cross-border business operations;

●rules
and regulations regarding currency redemption;

●complex
corporate withholding taxes on individuals;

●laws
governing the manner in which future business combinations may be effected;

●exchange
listing and/or delisting requirements;

●tariffs
and trade barriers;

●regulations
related to customs and import/export matters;

40

●local
or regional economic policies and market conditions;

●unexpected
changes in regulatory requirements;

●challenges
in managing and staffing international operations;

●longer
payment cycles;

●tax
issues, such as tax law changes and variations in tax laws as compared to the United States;

●currency
fluctuations and exchange controls;

●rates
of inflation;

●challenges
in collecting accounts receivable;

●