Mountain Lake Acquisition Corp (MLAC) News & EventsMLACNews & EventsMountain Lake Acquisition Corp

Mount Logan Capital Initiates $15M Stock Buyback Tender Offer

Mount Logan Capital has initiated the steps necessary to commence the tender offer to repurchase $15M of Mount Logan's common stock. Ted Goldthorpe, CEO, said, "We appreciate shareholders' patience as we prepare to launch our tender offer, integrate the TURN acquisition, and create a scalable platform for the future. We expect to launch the tender on or before the end of the first week of January 2026 and conclude approximately 20-business days thereafter. We look forward to updating shareholders on the progress of the tender in the coming weeks."

Mountain Lake Acquisition and Avalanche Treasury Co Announce $675M Merger

Avalanche Treasury, an ecosystem-aligned digital asset treasury company with an exclusive relationship with the Avalanche Foundation, "announced a definitive business combination agreement with Mountain Lake Acquisition Corp. valued at over $675M. The transaction includes approximately $460 million in treasury assets and is designed to create a leading public vehicle for AVAX exposure. The combined company expects to list on Nasdaq in Q1 2026, subject to regulatory and shareholder approval."