Mountain Lake Acquisition Corp.

Mountain Lake Acquisition Corp. reported net income of $8.3 million for fiscal year 2025, driven primarily by $9.6 million in interest earned on cash and marketable securities held in its Trust Account. This positive net income occurred despite an operating loss of $1.3 million resulting from general and administrative expenses. The company's balance sheet shows total assets of $241.8 million, with $241.2 million held in the Trust Account, while total liabilities stand at $1.3 million. Cash flow from financing activities was $232.7 million, primarily from proceeds of unit sales, while operating activities used $931,000 in cash. As a special purpose acquisition company, these results reflect its pre-business combination status with significant funds held in trust for future acquisition activities.

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