Avalanche Treasury Co. & Mountain Lake SPAC Merger

Mountain Lake Acquisition Corp. (MLAC) and Avalanche Treasury Corporation (Pubco) are progressing with their previously announced Business Combination Agreement, dated October 1, 2025. This strategic merger aims to create a purpose-built digital asset treasury focused on the Avalanche ecosystem.

CEO Bart Smith's Vision and Background

Bart Smith, CEO and Chairman of Avalanche Treasury Co., brings over 25-30 years of finance experience, including asset management, UBS, co-founding an ETF firm, and 13 years at Susquehanna, where he led the ETF group and later digital asset initiatives. His journey into crypto began in 2014, observing its evolution from a niche interest to a major asset class. Smith notes significant regulatory progress, such as the Clarity and Genius Acts, but emphasizes the ongoing need for clear, codified laws and global regulatory harmonization to foster institutional adoption.

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