Avalanche Treasury Co. and Mountain Lake Acquisition Corp. Announce $675 Million+ Deal to Build $1 Billion Avalanche Ecosystem Fund
Reuters
Oct 02, 2025
Avalanche Treasury Co. and Mountain Lake Acquisition Corp. Announce $675 Million+ Deal to Build $1 Billion Avalanche Ecosystem Fund
Avalanche Treasury Co. (AVAT) has announced a definitive agreement for a business combination with Mountain Lake Acquisition Corp. (Nasdaq: MLAC), valuing the transaction at over $675 million. The deal includes approximately $460 million in treasury assets and is designed to create a leading public vehicle for AVAX exposure. As part of the agreement, AVAT has established an exclusive relationship with the Avalanche Foundation, starting with a $200 million discounted token sale. The combined company is expected to list on Nasdaq in the first quarter of 2026, pending necessary approvals. The announcement highlights participation from a range of institutional and crypto-native investors, and names Monarq as asset manager and FalconX as provider of execution and credit services. The advisory board will include industry leaders such as Dragonfly Capital's Haseeb Qureshi, Blockworks CEO Jason Yanowitz, and Aave founder Stani Kulechov.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Lake Acquisition Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251002739600) on October 01, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.