8-K
filed June 17, 2026, 4:15 PM ET
ticker AVAT
CIK 0002092446
M&A
confidence high
sentiment neutral
materiality 1.00
Avalanche Treasury Corp (AVAT): M&A transaction — Avalanche Treasury completes SPAC merger with Mountain Lake Acquisition; begins trading as AVAT on Nasdaq
Avalanche Treasury Corp
- 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.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Paul Grinberg was appointed as Director at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the Pubco Board consisted of four directors, Paul Grinberg, Robert Hadick, Sarkees John Nahas and Gerald Bartholomew Smith
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Robert Hadick was appointed as Director at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the Pubco Board consisted of four directors, Paul Grinberg, Robert Hadick, Sarkees John Nahas and Gerald Bartholomew Smith
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gerald Bartholomew Smith was appointed as Chief Executive Officer and President at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Chief Executive Officer and President
Exact text from the filing
the following individuals were appointed to serve as executive officers of Pubco: Name Position Gerald Bartholomew Smith Chief Executive Officer and President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Sarkees John Nahas was appointed as Director at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
the Pubco Board consisted of four directors, Paul Grinberg, Robert Hadick, Sarkees John Nahas and Gerald Bartholomew Smith
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sean Ostrower was appointed as Chief Financial Officer at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
Sean Ostrower Chief Financial Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laine Mihalchick Moljo was appointed as Chief Operating Officer and Secretary at Avalanche Treasury Corp.
- Action
- appointed
- Role
- Chief Operating Officer and Secretary
Exact text from the filing
Laine Mihalchick Moljo Chief Operating Officer and Secretary
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Avalanche Treasury Corp: Board adopted a Code of Ethics and Business Conduct (effective 2026-06-11).
- Change
- code of ethics
- Effective
- 2026-06-11
Exact text from the filing
On June 11, 2026, the Board adopted a Code of Ethics and Business Conduct applicable to Pubco’s employees, officers and directors.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Avalanche Treasury Corp: First Amended and Restated Certificate of Incorporation filed with Delaware Secretary of State (effective 2026-06-11).
- Change
- charter amendment
- Effective
- 2026-06-11
Exact text from the filing
on June 11, 2026, Pubco filed the First Amended and Restated Certificate of Incorporation with the Delaware Secretary of State
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Avalanche Treasury Corp: MLAC ceased to be a shell company upon the Closing of the Business Combination.
- Change
- shell status
Exact text from the filing
As a result of the Business Combination, MLAC ceased to be a shell company upon the Closing.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Avalanche Treasury Corp: First Amended and Restated Bylaws adopted (effective 2026-06-11).
- Change
- bylaw amendment
- Effective
- 2026-06-11
Exact text from the filing
and also adopted the First Amended and Restated Bylaws
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
Avalanche Treasury Corp underwent a change of control involving Mountain Lake Acquisition Corp, Avalanche Treasury Company LLC for stock consideration including Pubco Class A common stock and Pubco Class B common stock, with additional earnout shares (closed 2026-06-11).
- Action
- change of control
- Counterparty
- Mountain Lake Acquisition Corp, Avalanche Treasury Company LLC
- Consideration
- stock consideration including Pubco Class A common stock and Pubco Class B common stock, with additional earnout shares
- Closing
- 2026-06-11
Exact text from the filing
On June 11, 2026 (the “ Closing Date ”), Pubco consummated its previously announced business combination (the “ Closing ”) pursuant to that certain Business Combination Agreement, dated October 1, 2025 (as amended, modified, supplemented modified and/or restated from time to time, the “ Business Combination Agreement ”), by and among Pubco, Mountain Lake Acquisition Corp., at that time a Cayman Islands exempted company (“ MLAC ”), Avalanche SPAC Merger Sub LLC, a Delaware limited liability company (“ MLAC Merger Sub ”), Avalanche Company Merger Sub LLC, a Delaware limited liability company (“ Company Merger Sub ”, and together with MLAC Merger Sub, the “ Pubco Subsidiaries ”), Avalanche Treasury Company LLC, a Delaware limited liability company (the “ Company ” or “ AVAT ”), Dragonfly Digital Management, LLC, a Delaware limited liability company (“ Seller ”) , Dragonfly Ventures L.P., a Cayman Islands exempted limited partnership (“ DV ”), Dragonfly Ventures II, L.P., a Cayman Islands
View on SEC.gov
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