Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 72

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1
Chunk 72
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 us with access to a substantial number of potential initial
business combination targets. Over the course of their careers, the members of our management team have developed a broad network of contacts
and relationships with private companies, investment bankers, private equity, venture capital and debt investors, high net worth families
and their advisors, commercial bankers, attorneys, management consultants, accountants and other transaction intermediaries, as well as
corporate sector executives and board members around the world. This network has grown through the activities of our management team sourcing,
acquiring and financing businesses, the reputation of our management team for integrity and fair dealing with sellers, financing sources
and target management teams and the experience of our management team in executing transactions, especially special purpose acquisition
company transactions, under varying economic and financial market conditions.

In addition, we anticipate
that target business combination candidates will be brought to our attention from various unaffiliated sources, including investment bankers,
private equity funds and large business enterprises seeking to divest non-core assets or divisions.

In evaluating a prospective
target business, we expect to conduct a due diligence review which may encompass, among other things, meetings with incumbent management
and employees, document reviews, interviews of customers and suppliers, inspections of facilities, as well as reviewing financial and
other information made available to us and other reviews as we deem appropriate. We may also retain consultants with expertise relating
to a prospective target business.

We are not prohibited from
pursuing an initial business combination with a company that is affiliated with our sponsor, executive officers or directors, or completing
the business combination through a joint venture or other form of shared ownership with our sponsor, executive officers or directors.
In the event we seek to complete an initial business combination with a target that is affiliated (as defined in our amended and restated
memorandum and articles of association) with our sponsor, executive officers or directors, we, or a committee of independent directors,
would obtain an opinion from an independent investment banking firm which is a member of the Financial Industry Regulatory Authority (“FINRA”)
or another independent entity that commonly renders valuation opinions stating that the consideration to be paid by us in such an initial
business combination is fair to our company from a financial point of view. We are not required to obtain such an opinion in any other
context.

We are not prohibited from
pursuing an initial business combination with a company that is affiliated with our sponsor, officers or directors. In the event we seek
to complete our initial business combination with a company