Mountain Lake Acquisition reveals $675 million merger with Avalanche Treasury
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2025
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Source: SeekingAlpha
Business Combination Announcement: Mountain Lake Acquisition (MLAC) has announced a business combination valued at over $675 million with Avalanche Treasury (AVAT), which includes approximately $460 million in treasury assets.
Investment Opportunity: The combined entity aims to provide a leading public vehicle for AVAX exposure, offering an entry point for investors at a 0.77x multiple of NAV, representing a 23% discount compared to direct AVAX purchases or passive ETF alternatives.
Analyst Views on MLAC
About MLAC
Mountain Lake Acquisition Corp. is a blank check company. The Company is formed for the purpose of affecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. The Company neither engaged in any operations nor generated any revenues.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
