Financial Performance - For the three months ended March 31, 2022, the company reported a net loss of $394,797, consisting of formation and operating costs of $411,525, offset by investment income of $16,728 [92]. - The company incurred $30,000 in fees for administrative services during the three-month period ended March 31, 2022 [104]. - The company has not engaged in any operations or generated revenues to date, focusing solely on organizational activities and searching for a target company for its initial business combination [91]. Cash and Securities - As of March 31, 2022, the company had cash of $1,148,233 and marketable securities held in the trust account amounting to $175,967,931, which includes $17,931 of interest income [95]. - The company generated gross proceeds of $178,550,000 from the IPO, with $175,950,000 held in the trust account for future business combinations [94]. - As of March 31, 2022, the company had working capital of $633,808, indicating sufficient liquidity for operations in the near term [101]. Business Combination and Financing - The company expects to use substantially all funds held in the trust account to complete its initial business combination, with interest income potentially used to pay taxes [96]. - The company may need to obtain additional financing to complete its initial business combination or if a significant number of public shares are redeemed [100]. - The company has no borrowings under Working Capital Loans as of March 31, 2022, and intends to repay any such loans from the trust account proceeds if a business combination is completed [99]. - The company is subject to risks related to potential dilution of equity interests if additional shares are issued in a business combination [89].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-40644 Everest Consolidator Acquisition Corporation (Exact name of Registrant as specified in its Charter) (State o ...