Company: MLAC
Filing Date: 2025-10-07
Form Type: 425
Source: 0001213900-25-096772
Chunk: 4

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-10-07
Form: 425
Chunk 4
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. Um and so you know we have you know uh we have
you know raised this this most recent uh financing uh to the best we possibly could to abide by SEC rules and I I can’t really comment
on if maybe other people in other situations may not have.

00:07:31.120

[Brandon Gomez]

Well, let’s let’s zoom in on
your company, right, which um you know has an exclusive relationship with the Avalanche Foundation. Today, as you said, announced a
business combination agreement with the publicly traded company Mountain Lake acquisition valued at more than 671 million. Now, that
of course includes transaction that transaction includes, you know, approximately 453 million in treasury assets. And it’s
designed to to create a public vehicle for exposure to the AVAC token. And so the now combined company, right, correct me if
I’m wrong, expects to list on the NASDAQ in Q1 of next year. That’s subject to regulatory uh and and shareholder
approval. Now, take us through at least today’s announcement a little bit. You know, what do you want uh you know, to partner
with Mountain Lake acquisition specifically? What made you want to do that?

00:08:16.800

[Bart Smith]

Well, again, we think it’s important to have scale, right, in in this
in this business? Uh what we’re looking to do is provide a a regulated vehicle for people to get exposure to the holistic growth of the
avalanche ecosystem. And in some of those cases, the the growth of the ecosystem will derive value down to the token itself. Uh in this
vehicle, our goal is to not just solely purchase AVAX and stake it, but we will have activities that will provide different types of
value creation for shareholders where things that could be, you know, investing in validators uh to run nodes. We could be making direct
investments into protocols that are uh and L1s that are building on top of avalanche. And so the idea is to kind of take the concept
that Michael Sailor kind of pioneered in in the in strategy and expand that so that we have a broader array of things that we can do
to provide shareholder value. I think one of the things that’s interesting to note is that most industries were afforded the benefit
of being able to create a public company. They could issue debt. They could issue equity. They could issue convertible bonds. They could
meet investors where they