SPAC Mountain Lake & Avalanche Treasury Business Combination

Crypto / Blockchain
Crypto / Blockchain
Business Combination
Business Combination

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Mountain Lake Acquisition Corp. and Avalanche Treasury Corporation Announce Business Combination

On October 1, 2025, Mountain Lake Acquisition Corp., a Cayman Islands exempt company (SPAC), and Avalanche Treasury Corporation, a Delaware corporation (Pubco), announced they had entered into a Business Combination Agreement. This agreement involves several entities, including Avalanche SPAC Merger Sub LLC, Avalanche Company Merger Sub LLC, Avalanche Treasury Company LLC (Newco), and Dragonfly Digital Management, LLC (Seller), aiming to merge the companies and bring Avalanche Treasury Corporation public.

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About Avalanche Treasury Co.

Avalanche Treasury Co. (“AVAT”) is an ecosystem-aligned vehicle providing exposure to the Avalanche ecosystem through active treasury management, strategic investments, and an exclusive relationship with the Avalanche Foundation. AVAT bridges traditional finance and blockchain through a purpose-built operating system designed for institutional adoption.

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