For the quarter ending 2026-03-31, MLACU has $243,560,470 in assets. $1,340,652 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash | 66,568 | 452,680 | 845,830 | |
| Prepaid expenses | 85,092 | 16,840 | 2,070 | |
| Prepaid insurance | 64,651 | 87,776 | 92,500 | |
| Total current assets | 216,311 | 557,296 | 940,400 | |
| Long-term prepaid insurance | - | - | 18,401 | |
| Cash and investments held in trust account | 243,344,159 | 241,230,572 | 238,902,575 | |
| Total assets | 243,560,470 | 241,787,868 | 239,861,376 | |
| Accounts payable and accrued expenses | 339,964 | 291,378 | 298,660 | |
| Due to sponsor | 688 | 688 | 688 | |
| Total current liabilities | 340,652 | 292,066 | 299,348 | |
| Deferred underwriting fee payable | 1,000,000 | 1,000,000 | 8,050,000 | |
| Total liabilities | 1,340,652 | 1,292,066 | 8,349,348 | |
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of approximately 10.58 and 10.49 per share as of march 31, 2026 and december 31, 2025, respectively | 243,344,159 | 241,230,572 | 238,902,575 | |
| Ordinary shares, value-Common Class A | 81 | 81 | 81 | |
| Ordinary shares, value-Common Class B | 719 | 719 | 719 | |
| Accumulated deficit | -1,125,141 | -735,570 | -7,391,347 | |
| Total shareholders deficit | -1,124,341 | -734,770 | -7,390,547 | |
| Total liabilities, ordinary shares subject to possible redemption and shareholders deficit | 243,560,470 | 241,787,868 | 239,861,376 | |
Mountain Lake Acquisition Corp. (MLACU)
Mountain Lake Acquisition Corp. (MLACU)