Company: MLAC
Filing Date: 2025-03-19
Form Type: 10-K
Source: 0001213900-25-025105
Chunk: 243

Company: Mountain Lake Acquisition Corp.
Filing Date: 2025-03-19
Form: 10-K
Item: Item 1A
Chunk 243
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 of civil or international hostility
are increasing. In particular, although the length, impact and outcome of the ongoing military conflict in Ukraine and the recent armed
conflict between Israel and Hamas is highly unpredictable, these conflicts could lead to significant market and other disruptions, including
significant volatility in commodity prices and supply of energy resources, instability in financial markets, supply chain interruptions,
political and social instability, changes in consumer or purchaser preferences as well as increase in cyberattacks and espionage.

Similarly other events outside of our control, including natural disasters,
climate-related events pandemic or health crises (such as the COVID-19 pandemic) may arise from time to time, any such events
may cause significant volatility and declines in the global markets, disproportionate impacts to certain industries or sectors, disruptions
to commerce (including to economic activity, travel and supply chain), loss of life and property damage, and may adversely affect the
global economy or capital markets, and the business of any potential target business with which we may consummate a business combination
and could be materially adversely affected. In addition, our ability to consummate a transaction may be dependent on the ability to raise
equity and debt financing which may be impacted by these and other events, including as a result of increased market volatility, decreased
market liquidity in third-party financing being unavailable on terms acceptable or at all.

21

We may not be able to complete our initial business combination
within the completion window, in which case we would cease all operations except for the purpose of winding up and we would redeem our
public shares and liquidate.

We may not be able to find a suitable target business
and complete our initial business combination within the completion window. Our ability to complete our initial business combination may
be negatively impacted by general market conditions, volatility in the capital and debt markets and the other risks described herein.
If we have not completed our initial business combination within such time period, we will: as promptly as reasonably possible but not
more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate
amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be
net of taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares,
which redemption will constitute full and complete payment and completely extinguish public shareholders’ rights as shareholders
(including the right to receive