Avalanche Treasury Co. Announces $675 Million+ Business Combination with Mountain Lake Acquisition Corp. with Goal to Build $1 Billion+ Ecosystem Treasury

Core Insights - Avalanche Treasury Co. (AVAT) has announced a definitive business combination agreement with Mountain Lake Acquisition Corp. valued at over $675 million [1] - The transaction includes approximately $460 million in treasury assets and aims to create a leading public vehicle for AVAX exposure [1] - The combined company is expected to list on Nasdaq [1]