| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash | 845,830 | |||
| Prepaid expenses | 2,070 | |||
| Prepaid insurance | 92,500 | |||
| Total current assets | 940,400 | |||
| Long-term prepaid insurance | 18,401 | |||
| Cash and marketable securities held in trust account | 238,902,575 | |||
| Total assets | 239,861,376 | |||
| Accounts payable and accrued expenses | 298,660 | |||
| Due to sponsor | 688 | |||
| Total current liabilities | 299,348 | |||
| Deferred underwriting fee payable | 8,050,000 | |||
| Total liabilities | 8,349,348 | |||
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of approximately 10.39 and 10.07 per share as of september 30, 2025 and december 31, 2024, respectively | 238,902,575 | |||
| Ordinary shares, value-Common Class A | 81 | |||
| Ordinary shares, value-Common Class B | 719 | |||
| Accumulated deficit | -7,391,347 | |||
| Total shareholders deficit | -7,390,547 | |||
| Total liabilities, ordinary shares subject to possible redemption and shareholders deficit | 239,861,376 | |||
Mountain Lake Acquisition Corp. (MLAC)
Mountain Lake Acquisition Corp. (MLAC)