| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 845,830 | 1,160,883 | ||
| Prepaid expenses | 2,070 | 6,410 | ||
| Prepaid insurance | 92,500 | 92,500 | ||
| Total current assets | 940,400 | 1,259,793 | ||
| Long-term prepaid insurance | 18,401 | 41,526 | ||
| Cash and marketable securities held in trust account | 238,902,575 | 236,375,099 | ||
| Total assets | 239,861,376 | 237,676,418 | ||
| Accounts payable and accrued expenses | 298,660 | 246,983 | ||
| Accrued offering costs | - | 0 | ||
| Due to sponsor | 688 | 688 | ||
| Total current liabilities | 299,348 | 247,671 | ||
| Deferred underwriting fee payable | 8,050,000 | 8,050,000 | ||
| Total liabilities | 8,349,348 | 8,297,671 | ||
| 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 | 236,375,099 | ||
| Ordinary shares, value-Common Class A | 81 | 81 | ||
| Ordinary shares, value-Common Class B | 719 | 719 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -7,391,347 | -6,997,152 | ||
| Total shareholders deficit | -7,390,547 | -6,996,352 | ||
| Total liabilities, ordinary shares subject to possible redemption and shareholders deficit | 239,861,376 | 237,676,418 | ||
Mountain Lake Acquisition Corp. (MLACR)
Mountain Lake Acquisition Corp. (MLACR)