NEVADA, Dec. 16, 2024 (GLOBE NEWSWIRE) — Mountain Lake Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 2,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.
The Company’s units began trading on December 13, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “MLACU.” Each unit consists of one Class A ordinary share of the Company and one right. Each right entitles the holder thereof to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. A right holder must hold ten rights to receive one Class A ordinary share at the closing of the initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “MLAC” and “MLACR,” respectively.
The Company is …
Full story available on Benzinga.com
NEVADA, Dec. 16, 2024 (GLOBE NEWSWIRE) — Mountain Lake Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 2,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.
The Company’s units began trading on December 13, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “MLACU.” Each unit consists of one Class A ordinary share of the Company and one right. Each right entitles the holder thereof to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. A right holder must hold ten rights to receive one Class A ordinary share at the closing of the initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “MLAC” and “MLACR,” respectively.
The Company is …
Full story available on Benzinga.com
NEVADA, Dec. 16, 2024 (GLOBE NEWSWIRE) — Mountain Lake Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 2,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.
The Company’s units began trading on December 13, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “MLACU.” Each unit consists of one Class A ordinary share of the Company and one right. Each right entitles the holder thereof to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. A right holder must hold ten rights to receive one Class A ordinary share at the closing of the initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “MLAC” and “MLACR,” respectively.
The Company is …Full story available on Benzinga.com Read MoreMLAC, MLACR, MLACU, News, IPOs, Press Releases IPOs
