v3.26.1
BALANCE SHEETS
Dec. 31, 2024
USD ($)
Mountain Lake Acquisition Corp.  
Current assets  
Cash $ 1,383,392
Prepaid expenses 23,669
Prepaid insurance 92,500
Total Current Assets 1,499,561
Long-term prepaid insurance 87,776
Cash and investments held in Trust Account 231,643,853
TOTAL ASSETS 233,231,190
Current liabilities  
Accounts payable and accrued expenses 7,401
Accrued offering costs 6,750
Due to Sponsor 3,183
Total Current Liabilities 17,334
Deferred underwriting fee payable 8,050,000
TOTAL LIABILITIES 8,067,334
Commitments and Contingencies
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 231,643,853
Shareholders' Deficit  
Preference shares, $0.0001 par value; 5,000,000 shares authorized; 0 shares issued or outstanding as of December 31, 2025 and 2024
Accumulated deficit (6,480,797)
Total Stockholder's Deficit (6,479,997)
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT 233,231,190
Class A | Mountain Lake Acquisition Corp.  
Shareholders' Deficit  
Ordinary shares, value 81
Class B Ordinary Shares | Mountain Lake Acquisition Corp.  
Shareholders' Deficit  
Ordinary shares, value $ 719