Avalanche Treasury Co. Merges with SPAC for $675M AVAX Fund
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Avalanche Treasury Corporation and Mountain Lake Acquisition Corp. Announce $675M Merger to Form AVAT, Targeting $1 Billion in AVAX Holdings
Incline Village, NV, USA - Avalanche Treasury Corporation ("Pubco"), a digital asset treasury firm with an exclusive relationship with the Avalanche Foundation, has entered into a definitive business combination agreement with Mountain Lake Acquisition Corp. (NASDAQ: MLAC), a special purpose acquisition company (SPAC). The merged entity, to be named AVAT, is expected to list on the NASDAQ in Q1 2026, subject to regulatory and shareholder approval.
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