---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259798268.md"
description: "Special Purpose Acquisition Company Mountain Lake Acquisition announced on Friday a business merger with Avalanche Treasury worth $675 million, creating a public investment vehicle aimed at AVAX. The deal includes $460 million in treasury assets, and the merged company is expected to be listed on NASDAQ in the first quarter of 2026"
datetime: "2025-10-02T14:58:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259798268.md)
  - [en](https://longbridge.com/en/news/259798268.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259798268.md)
generator: "portal-rs"
---

# 

Special Purpose Acquisition Company Mountain Lake Acquisition announced on Friday a business merger with Avalanche Treasury for $675 million, creating a public investment vehicle aimed at AVAX. The transaction includes $460 million in treasury assets, and the merged company is expected to be listed on NASDAQ in the first quarter of 2026

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**