{"filings":[{"id":1692156,"accession_number":"0001104659-26-084256","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-07-16T20:20:23+00:00","items":["1.01","2.03"],"status":"ready","headline":"Avalanche Treasury borrows $10M from Galaxy Digital, collateralized by 2.9M AVAX","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$10M term loan from Galaxy Digital LLC, matures Jan 10, 2027, at 10.5% per annum.","Collateral: ~2.9M AVAX tokens, initial collateral level 180%, held at Anchorage Digital Bank.","Margin call rates: 170% (standard), 165% (urgent), 190% (refund).","Staking limited: max 75% staked, min 25% liquid at all times.","Proceeds used to pay down $10M of existing debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1691958,"accession_number":"0001104659-26-084252","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-07-16T20:15:19+00:00","items":["5.02"],"status":"ready","headline":"Avalanche Treasury grants CEO and COO options for 3.8M shares at $0.54","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Gerald Smith receives options for 2.7M shares at $0.54 exercise price.","COO Laine Mihalchick Moljo receives options for 1.1M shares at $0.54.","Both executives forfeit all performance-vesting RSUs under their employment offer letters.","Options vest in equal installments on Jan 12, 2027, 2028, and 2029; expire in 10 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1471236,"accession_number":"0001104659-26-080728","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-07-06T20:01:19+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director Sarkees John Nahas resigns from Avalanche Treasury Board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation effective July 1, 2026.","No disagreement with company operations, policies, or practices.","No replacement director named."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1111397,"accession_number":"0001104659-26-075150","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-06-17T20:15:15+00:00","items":["1.01","2.01","5.02","3.02","9.01","4.01","3.03","5.01","5.03","5.05","5.06"],"status":"ready","headline":"Avalanche Treasury completes SPAC merger with Mountain Lake Acquisition; begins trading as AVAT on Nasdaq","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["22,846,470 MLAC shares redeemed at ~$10.62 each, leaving ~$1.63M in trust after redemptions.","Post-closing: 37,914,826 Pubco Class A shares and 5,805,639 Class B shares outstanding.","Company unit investors purchased ~$216M in units; Dragonfly contributed ~$58M in AVAX; Foundation sold $200M AVAX for 3M shares.","Astral receives 4M shares (2M escrowed earnout shares vesting at $13, $15, $17 milestones).","Lock-up on ~10.6M Class A and 5.8M Class B shares for 180 days; early release if VWAP ≥ $12.50 for 20 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":994956,"accession_number":"0001104659-26-072831","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-06-11T18:00:55+00:00","items":["8.01","9.01"],"status":"ready","headline":"Avalanche Treasury closes business combination, lists on Nasdaq as AVAT","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Completed business combination with Mountain Lake Acquisition Corp.; trading begins June 11, 2026 under ticker AVAT.","AVAT is a publicly listed digital asset treasury with no redemption pressure or forced liquidation, able to reinvest gains.","Over 550 projects on Avalanche; $604M institutional funds deployed and $1.3B real-world assets tokenized.","Institutional backers include Dragonfly, ParaFi Capital, VanEck, Galaxy Digital, Pantera Capital, Kraken, and others.","Led by CEO Bart Smith (ex-Susquehanna/AllianceBernstein) and COO Laine Litman (ex-Hidden Road/Virtu/Goldman Sachs)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":747196,"accession_number":"0001104659-26-068289","cik":2092446,"company_name":"Avalanche Treasury Corp","ticker":"AVAT","form_type":"8-K","filed_at":"2026-05-29T20:22:49+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"AVAT secures $25M open loan at 7% from FalconX; Q1 net loss $139K, going concern doubt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["AVAT borrows $25M via Open Loan at 7% per annum, collateralized by ~5.6M AVAX at 200% initial ratio, from FalconX Charlie.","Proceeds intended to finance closing costs of Business Combination with Mountain Lake Acquisition Corp.","Avalanche Treasury Corp Q1 net loss $139,635; no cash, working capital deficit $285,017 as of March 31, 2026.","Substantial doubt about going concern due to recurring losses and lack of committed financing; completion of merger needed.","Staking capped at 75% of collateral; laddered epoch strategy requires 50% of staked assets to be liquid weekly."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}