The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 |
|---|---|
| Net income | 1,926,341 |
| Payment of formation, general, and administrative costs through ipo promissory note | 15,054 |
| Interest earned on cash and marketable securities held in trust account | 2,154,495 |
| Prepaid expenses | 3,667 |
| Prepaid insurance | 70,133 |
| Long-term prepaid insurance | 57,501 |
| Accounts payable and accrued expenses | 22,085 |
| Net cash used in operating activities | -322,316 |
| Investment of cash in trust account | 360,000,000 |
| Net cash used in investing activities | -360,000,000 |
| Proceeds from sale of public units, net of underwriting discounts paid | 352,800,000 |
| Proceeds from sale of private placement units | 9,800,000 |
| Repayment of advances from related party | 29,911 |
| Repayment of ipo promissory note | 362,938 |
| Payment of offering costs | 317,606 |
| Net cash provided by financing activities | 361,889,545 |
| Net change in cash | 1,567,229 |
| Cash end of period | 1,567,229 |
Mountain Lake Acquisition Corp. II (MLAA)
Mountain Lake Acquisition Corp. II (MLAA)