Company: MLAC
Filing Date: 2025-12-30
Form Type: 425
Source: 0001213900-25-126602
Chunk: 16

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-12-30
Form: 425
Chunk 16
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 the wonderful thing about the SEC and EDGAR is all these filings are public. So we also get the benefit
of people who started before us. And so every time there’s another filing, an updated regulatory kind of response to another one
of these digital asset treasuries, it’s just an opportunity for us to kind of clean what is in the gray area and what is not. And
then, you know, like I said, like we’re going to take a very conservative approach toward regulatory and legal compliance and we’re
not going to go anywhere near gray areas. I feel pretty confident that from what I’m seeing in the market to date, like these structures
won’t be very limited. As long as you’re disclosing and you are doing all the things that you’re supposed to be doing
from that perspective, that you should have the ability to do what every other corporate treasury in America has been able to do. And
I think sometimes people act like these are new vehicles, right? Like Berkshire Hathaway and Apple and Microsoft are like the largest
corporate treasuries in the world. They just have this massive operating business alongside of it, but Berkshire Hathaway doesn’t.
Berkshire Hathaway just buys companies and they invest in other companies and then they have this huge pile of cash that they use. So
like the concept of a corporate treasury and corporate treasury management is not new. It’s just, it was taken and kind of implemented
by Michael Saylor at MicroStrategies and the benefits from being able to use that capital structure to invest with a whole slew of people
who to date have not been able to access this asset class the way that they wanted to. And I think everyone said, wow, that’s actually
a great evolution of something that already existed. I would like to apply that to this ecosystem and see if I can provide a better return
or a better exposure for investors. And so that’s kind of how we ended up here today.

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Tony Edward: By the way, that’s a great example that you
gave with Berkshire Hathaway, and Apple, because to your point, of their corporate treasury, right? Loads of cash they’re sitting
on. So that’s a great, great example. With regards to your timeline and roadmap, what are you expecting for the remainder of the
end of this year, excuse me, and going into 2026?

Bart Smith: So the