{"filings":[{"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":"2026-05-29","daily_digest_url":"/daily/2026-05-29","daily_digest_rank":8}],"next_cursor":null}