Is Mountain Lake Acquisition Corp. Class A (MLAC) a Buy, Sell, or Hold?
NASDAQ : MLAC
Mountain Lake Acquisition Corp. Class A
$0.98 USD
-$0.19 (-16.24%)
- Volume
- 2.57M
- Average Volume
- 80.24K
- Market Capitalization
- $30.37M
- P/E Ratio
- 3.72
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $10.69
- Year Low
- $0.96
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.63
Company Overview
NASDAQ
Paul Jaron Grinberg
Financial - Conglomerates
Financial Services
MLAC
2
US
USD
Liquidity Metrics
0.00
0.63
0.63
0.20
0.00
Sales & Valuation
-$
0.00
0.10
-39.89
-0.03
Profitability
$0.27
$8.28M
0.00%
0.00%
3.39%
3.28%
P/E Metrics
3.72
0.02
0.02
Analyst Price Target & Rating
0/5
0 Analysts
%
Financial Health Scores
13.57
3/9
-$124.34K
$243.56M
$1.34M
-$1.37M
Key Metrics (TTM)
$30.31M
0.00
-22.06
0.63
3.39%
-0.56%
34.24%
-2.51%
$8.76
0 days
Company Executives
| Name | Title |
|---|---|
| Chun Wang | Chief Financial Officer & Director |
| Gordon Lo | Chief Executive Officer, Pres & Director |
| Kenneth Ng | Senior Advisor |
Poll Results
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About Mountain Lake Acquisition Corp. Class A (NASDAQ:MLAC) Stock
Mountain Lake Acquisition Corp. is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on June 14, 2024 and is headquartered in Incline Village, NV. ...
Mountain Lake Acquisition Corp. Announces Closing of Business Combination and Listing on Nasdaq
2026-06-11 14:45:00
Incline Village, Nevada, June 11, 2026 (GLOBE NEWSWIRE) -- Mountain Lake Acquisition Corp (“MLAC”), a special purpose acquisition company, today announced the completion of its previously announced business combination with Avalanche Treasury Corporation (“AVAT”) (the “Business Combination”). The shares of Class A common stock of AVAT, the combined company following the Business Combination, will commence trading on the Nasdaq on June 11, 2026, under the ticker symbol “AVAT.” The Business Combination was approved by MLAC's shareholders at an extraordinary general meeting in lieu of an annual general meeting of shareholders on June 4, 2026, and all remaining closing conditions of the Business Combination were satisfied or waived among the parties as of June 11, 2026.
2026-06-10 10:31:00
Nevada, June 10, 2026 (GLOBE NEWSWIRE) -- Mountain Lake Acquisition Corp. (the “Company”) (Nasdaq: “MLAC”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) which was initially scheduled for June 12, 2026, is being postponed to June 16, 2026. At the Special Meeting, shareholders will be asked to vote on proposals to approve, among other things, its extension of the date by which the Company must consummate an initial business combination from June 16, 2026 to September 16, 2026 (the “Articles Extension”). There is no change to the location, the record date, the redemption deadline for the Special Meeting, the purpose or any of the proposals to be acted upon at the Special Meeting.
Frequently Asked Questions
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What is the current Mountain Lake Acquisition Corp. Class A (MLAC) stock price?
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Mountain Lake Acquisition Corp. Class A(NASDAQ:MLAC) stock price is $0.98 in the last trading session. During the trading session, MLAC stock reached the peak price of $10.69 while $0.9601 was the lowest point it dropped to. The percentage change in MLAC stock occurred in the recent session was --16.24% while the dollar amount for the price change in MLAC stock was -$0.19.
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MLAC's industry and sector of operation?
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The NASDAQ listed MLAC is part of Financial - Conglomerates industry that operates in the broader Financial Services sector.
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Who are the executives of MLAC?
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Chun Wang | Chief Financial Officer & Director
Gordon Lo | Chief Executive Officer, Pres & Director
Kenneth Ng | Senior Advisor
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How many employees does MLAC have?
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Number of MLAC employees currently stands at 2. MLAC operates from 10 Collyer Quay, #24-05, Ocean Financial Centre, Incline Village, NV 049315, US.
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Link for MLAC official website?
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Official Website of MLAC is: https://www.malaccastraits.com
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How do I contact MLAC?
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MLAC could be contacted at phone #852 2106 0888 and can also be accessed through its website. MLAC operates from 10 Collyer Quay, #24-05, Ocean Financial Centre, Incline Village, NV 049315, US.
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How many shares of MLAC are traded daily?
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The average number of MLAC shares traded daily for last 3 months was 80.24K.
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What is the market cap of MLAC currently?
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The market value of MLAC currently stands at $30.37M with its latest stock price at $0.98