Mountain Lake Acquisition Corp. Files S-1/A Amendment

TL;DR

MLAC filed S-1/A on 11/15/24. SPAC progress.

AI Summary

Mountain Lake Acquisition Corp. filed an S-1/A amendment on November 15, 2024, for its registration statement (No. 333-281410). The company, incorporated in the Cayman Islands, is a blank check company operating in the Real Estate & Construction sector. Its principal executive offices are located in Incline Village, Nevada.

Why It Matters

This filing indicates ongoing regulatory activity for Mountain Lake Acquisition Corp., a special purpose acquisition company (SPAC), as it progresses through its registration process.

Risk Assessment

Risk Level: medium — SPAC filings can carry medium risk due to the inherent uncertainties in their business model of acquiring other companies.

Key Numbers

• 333-281410 — SEC File Number (Identifies this specific registration filing.)
• 20241115 — Filing Date (Date the amendment was submitted to the SEC.)

Key Players & Entities

• Mountain Lake Acquisition Corp. (company) — Registrant
• November 15, 2024 (date) — Filing Date
• 333-281410 (registration_number) — SEC File Number
• Cayman Islands (jurisdiction) — Place of Incorporation
• Paul Grinberg (person) — Chief Executive Officer
• 930 Tahoe Blvd STE 802 PMB 45 (address) — Principal Business Address
• Incline Village, NV 89451 (address) — Principal Business Address

FAQ

Key Financial Figures

• $200,000,000 M — BER 15 , 2024 PRELIMINARY PROSPECTUS $200,000,000 Mountain Lake Acquisition Corp. 20,000,
• $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
• $25,000 — d in this prospectus. Our sponsor paid $25,000 for an aggregate of 7,187,500 Class&#x0
• $0.003 — n aggregate of $25,000 or approximately $0.003 per founder share and, accordingly, you
• $4,950,000 — 495,000 private units (1)   $4,950,000     Up to $300,000 &
• $300,000 — $4,950,000     Up to $300,000   Repayment of loans m
• $1,500,000 — l expenses.     Up to $1,500,000 in working capital loans may be convert
• $20,000 — g and Douglas Horlick   Up to $20,000 in total per month   Services
• $201,000,000 — ate units described in this prospectus, $201,000,000, or $231,150,000 if the underwriters&#x
• $231,150,000 — ed in this prospectus, $201,000,000, or $231,150,000 if the underwriters’ over -allot
• $10.05 — -allotment option is exercised in full ($10.05 per unit in either case), will be depos
• $100,000 — shall be net of taxes payable and up to $100,000 of interest income to pay liquidation e
• $0.20 — #x00a0;     $0.20 per unit sold in the base offering, or
• $4,000,000 — per unit sold in the base offering, or $4,000,000 in the aggregate (or up to $4,600,000 i
• $4,600,000 — r $4,000,000 in the aggregate (or up to $4,600,000 if the overallotment option is exercise

Filing Documents

• ea0210848-04.htm (S-1/A) — 3690KB
• ea021084804ex23-1_mountain.htm (EX-23.1) — 2KB
• ea021084804ex-fee_mountain.htm (EX-FILING FEES) — 21KB
• 0001213900-24-099179.txt ( ) — 3714KB

RISK FACTORS

RISK FACTORS   38 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS   78

USE OF PROCEEDS

USE OF PROCEEDS   79 DIVIDEND POLICY   82

DILUTION

DILUTION   83 CAPITALIZATION   87 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS   88 PROPOSED BUSINESS   93 MANAGEMENT   118 PRINCIPAL SHAREHOLDERS   127 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS   131

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES   133 TAXATION   148

UNDERWRITING

UNDERWRITING   159 LEGAL MATTERS   169 EXPERTS   169 WHERE YOU CAN FIND ADDITIONAL INFORMATION   169 We are responsible for the information contained in this prospectus. We have not authorized anyone to provide you with different information, and we take no responsibility for any other information others may give to you. We are not, and the underwriters are not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. i Table of Contents TRADEMARKS This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the ® or TM symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. ii Table of Contents SUMMARY This summary only highlights the more detailed informatio

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