secwatch.observer — SEC 8-K summary
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Issuer:     Mountain Lake Acquisition Corp. (MLAC)
CIK:        0002029492
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001213900-24-112141
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mountain Lake Acquisition Corp. closes IPO, raises $230M gross, deposits $231.15M in trust
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- IPO of 23M units at $10/unit, including partial exercise of over-allotment; gross proceeds $230M.
- Private placement of 805K units to sponsor and BTIG at $10/unit, generating $8.05M.
- Trust account holds $231.15M ($10.05 per public share) invested in U.S. government obligations.
- As of Dec 16, 2024: cash $1.43M, working capital $1.51M, shareholders' deficit ($6.54M).
- Company has 18 months from closing to complete an initial business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2029492/000121390024112141/0001213900-24-112141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2029492/000121390024112141/ea0225557-8k_mount.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-112141

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