Mountain Lake Acquisition Corp announces asset purchase and contribution agreement with Avalanche and Dragonfly Digital Management
Avalanche Treasury Corporation, Avalanche (BVI), Inc., Avalanche Cayman, and other related entities have entered into an asset purchase and contribution agreement involving Mountain Lake Acquisition Corp., Mountain Lake Acquisition Sponsor LLC, BTIG, LLC, and additional specified holders. The agreement outlines the process for asset purchase and contribution among the parties. The transaction includes provisions for automatic termination if the related Business Combination Agreement is terminated prior to closing, in which case the original registration rights agreement would be reinstated.
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