June 11, 2026 · Form 4 insider transaction
Mountain Lake Acquisition Sponsor LLC sold 495,000 shares of MLAC, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.
On June 11, 2026, in connection with the consummation of the transactions contemplated by the Business Combination Agreement dated as of October 1, 2025 (as amended on January 13, 2026 and March 17, 2026, the "Business Combination Agreement" and the transactions contemplated thereto, the "Business Combination"), by and among the Issuer, Avalanche Treasury Corporation ("Pubco"), and the other parties thereto, and certain Sponsor Support Agreement dated as of October 1, 2025, by and among the Issuer, Pubco and Mountain Lake Acquisition Sponsor LLC (the "Sponsor"), an aggregate of 4,355,724 Class B ordinary shares and 495,000 private placement units held by Mountain Lake Acquisition Sponsor LLC (the "Sponsor") were surrendered for cancellation by the Sponsor to the Issuer for no consideration. Following the surrender, the Sponsor owns zero ordinary shares.