Company: MLAC
Filing Date: 2025-10-02
Form Type: 425
Source: 0001213900-25-094951
Chunk: 1

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-10-02
Form: 425
Chunk 1
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     | The Nasdaq Stock Market LLC               |

Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule
12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company
☒

If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure

On October 1, 2025, Mountain
Lake Acquisition Corp., a Cayman Islands exempt company (“Mountain Lake” or “SPAC”), and Avalanche Treasury Corporation,
a Delaware corporation (“Pubco”), issued a press release announcing that they had entered into a Business Combination Agreement
(the “Business Combination Agreement”), dated as of October 1, 2025, with Avalanche SPAC Merger Sub LLC, a Delaware limited
liability company (“SPAC Merger Sub”), Avalanche Company Merger Sub LLC, a Delaware limited liability company (the “Company
Merger Sub”), Avalanche Treasury Company LLC, a Delaware limited liability company (“Newco”), and Dragonfly Digital
Management, LLC, a Delaware limited liability company (the “Seller”). A copy of the press release is attached hereto as Exhibit
99.1 and incorporated herein by reference.

Pursuant to the Business Combination
Agreement, and subject to the terms and conditions set forth therein, (a) prior to closing, Mountain Lake shall effectuate a domestication
and transfer by way of continuation to, and become, a Delaware corporation (“Domestication”); (b) at least two (2) hours after
the Domestication, the SPAC Merger Sub will merge with and into SPAC, with SPAC continuing as the surviving company and a wholly-owned
subsidiary of Pubco (the “SPAC Merger”), and with SPAC shareholders receiving one share of Pubco Class A stock for each SPAC
Class A ordinary share held by such shareholder and with each holder of SPAC rights receiving one share of Pubco Class A stock in exchange
for every ten (10) SPAC rights held by such holder and (c) Company Merger Sub will merge with and into Newco, with Newco continuing