Company Overview - Mountain Lake Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5] IPO Details - The company announced the closing of its upsized initial public offering (IPO) of 36,000,000 units, which includes 4,680,000 units from the partial exercise of the underwriters' over-allotment option, at an offering price of $10.00 per unit, resulting in gross proceeds of $360,000,000 [1] - The units began trading on the Nasdaq under the ticker symbol "MLAAU" on January 27, 2026, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant [2] - Each whole warrant allows the holder to purchase one Class A ordinary share at $11.50 per share, with only whole warrants being traded upon separation of the units [2] Underwriting and Regulatory Information - BTIG, LLC is acting as the sole book-running manager for the offering [3] - A registration statement for the securities sold in the IPO was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 26, 2026 [3]
Mountain Lake Acquisition Corp. II Announces Closing of Upsized $360 Million Initial Public Offering