Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 143

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1
Chunk 143
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 of that target business to become profitable.

41

Exchange
rate fluctuations and currency policies may cause a target business’ ability to succeed in the international markets to be diminished.

In
the event we acquire a non-U.S. target, all revenues and income would likely be received in a foreign currency, and the dollar
equivalent of our net assets and distributions, if any, could be adversely affected by reductions in the value of the local
currency. The value of the currencies in our target regions fluctuate and are affected by, among other things, changes in
political and economic conditions. Any change in the relative value of such currency against our reporting currency may affect the
attractiveness of any target business or, following consummation of our initial business combination, our financial condition and
results of operations. Additionally, if a currency appreciates in value against the dollar prior to the consummation of our initial
business combination, the cost of a target business as measured in dollars will increase, which may make it less likely that we are
able to consummate such transaction.

We
may reincorporate in or transfer by way of continuation to another jurisdiction in connection with our initial business combination,
and the laws of such jurisdiction may govern some or all of our future material agreements and we may not be able to enforce our legal
rights.

In
connection with our initial business combination, we may relocate the home jurisdiction of our business from the Cayman Islands to another
jurisdiction. If we determine to do this, the laws of such jurisdiction may govern some or all of our future material agreements. The
system of laws and the enforcement of existing laws in such jurisdiction may not be as certain in implementation and interpretation as
in the United States. The inability to enforce or obtain a remedy under any of our future agreements could result in a significant
loss of business, business opportunities or capital.

We
are subject to changing law and regulations regarding regulatory matters, corporate governance and public disclosure that have increased
both our costs and the risk of non-compliance.

We
are subject to rules and regulations by various governing bodies, including, for example, the Securities and Exchange Commission, which
are charged with the protection of investors and the oversight of companies whose securities are publicly traded, and to new and evolving
regulatory measures under applicable law. Our efforts to comply with new and changing laws and regulations have resulted in and are likely
to continue to result in, increased general and administrative expenses and a diversion of management time and