Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 668

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 4
Chunk 668
---

  
    Total Current Liabilities 
     17,334 

    Deferred underwriting fee payable 
     8,050,000 
  
    Total Liabilities 
     8,067,334 

    Commitments and Contingencies 

    Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of approximately $10.07 per share 
     231,643,853 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A ordinary shares, $0.0001 par value; 445,000,000 shares authorized; 805,000 issued and outstanding (excluding 23,000,000 shares subject to possible redemption) 
     81 
  
    Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,187,500 shares issued and outstanding 
     719 
  
    Additional paid-in capital 
     — 
  
    Accumulated deficit 
     (6,480,797)
  
    Total Shareholders’ Deficit 
     (6,479,997)
  
    TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 
    $233,231,190 

The accompanying notes are an integral part
of these financial statements.

F-3

MOUNTAIN LAKE ACQUISITION CORP.

STATEMENT OF OPERATIONS

FOR THE PERIOD FROM JUNE 14, 2024 (INCEPTION)
THROUGH DECEMBER 31, 2024

    Formation and operational costs 
    $50,736 
  
    Loss from operations 
     (50,736)

    Other income: 

    Interest earned on marketable securities held in Trust Account 
     493,853 
  
    Total other income 
     493,853 

    Net income 
    $443,117 

    Weighted average shares outstanding of Class A ordinary shares 
     1,785,375 
  
    Basic net income per ordinary share, Class A ordinary shares 
    $0.06 

    Weighted average shares outstanding of Class A ordinary shares 
     1,785,375 
  
    Diluted net income per ordinary share, Class A ordinary shares