---
title: "MOUNTAIN LAKE ACQUISITION CORP COM USD0.0001 CL A (SUB/RIGHTS) 15/11/28 | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276490336.md"
datetime: "2026-02-20T22:03:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276490336.md)
  - [en](https://longbridge.com/en/news/276490336.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276490336.md)
generator: "portal-rs"
---

# MOUNTAIN LAKE ACQUISITION CORP COM USD0.0001 CL A (SUB/RIGHTS) 15/11/28 | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.27.

EBIT: As of FY2025, the actual value is USD -10.89 M.

#### Operational Metrics

-   **Net Income**:
    -   For the year ended December 31, 2025, Mountain Lake Acquisition Corp. reported a net income of $8,281,946, compared to $443,117 for the period from June 14, 2024 (inception) through December 31, 2024 .
-   **Interest Income**:
    -   Interest income on marketable securities held in the Trust Account was $9,586,719 for the year ended December 31, 2025, significantly higher than $493,853 for the period from June 14, 2024 (inception) through December 31, 2024 .
-   **General and Administrative Expenses**:
    -   General and administrative expenses amounted to $1,304,773 for the year ended December 31, 2025, an increase from $50,736 for the period from June 14, 2024 (inception) through December 31, 2024 .

#### Cash Flow

-   **Net Cash Used in Operating Activities**:
    -   The Company reported net cash used in operating activities of - $930,712 for the year ended December 31, 2025, compared to - $159,847 for the period from June 14, 2024 (inception) through December 31, 2024 .
    -   For 2025, net income of $8,281,946 was affected by $9,586,719 in interest earned on marketable securities, with changes in operating assets and liabilities providing $374,061 in cash from operating activities .
    -   For the 2024 period, net income of $443,117 was offset by $493,853 in interest earned, $8,533 in formation costs paid by the Sponsor, and $70,488 in formation costs paid via promissory note; changes in operating assets and liabilities used - $188,132 of cash from operating activities .

#### Unique Metrics

-   **Cash and Marketable Securities in Trust Account**:
    -   As of December 31, 2025, the Trust Account held $241,230,572, an increase from $231,643,853 as of December 31, 2024 .
-   **Cash Held Outside Trust Account**:
    -   Cash held outside the Trust Account was $452,680 as of December 31, 2025, a decrease from $1,383,392 as of December 31, 2024 .
-   **Deferred Underwriting Fee Payable**:
    -   The deferred underwriting fee payable was $1,000,000 as of December 31, 2025, significantly reduced from $8,050,000 as of December 31, 2024, due to an amendment to the Underwriting Agreement on October 1, 2025 .

#### Outlook / Guidance

Mountain Lake Acquisition Corp. intends to use substantially all funds in the Trust Account to complete its Business Combination . Management plans to consummate an initial Business Combination prior to the mandatory liquidation date of June 16, 2026 . The Company’s current financial resources are insufficient to sustain operations beyond this date, raising substantial doubt about its ability to continue as a going concern .

### Related Stocks

- [MLACR.US](https://longbridge.com/en/quote/MLACR.US.md)

## Related News & Research

- [Safe: Shielded transactions with Bermuda enter beta early access - 03 Oct 2026](https://longbridge.com/en/news/300861381.md)
- [Iomart Group average price target raised 11.11% to 34.00 GBX](https://longbridge.com/en/news/300858061.md)
- [Americans stay gloomy, yet spending posted its biggest gain since March 2025](https://longbridge.com/en/news/300857187.md)
- [Greg Abel-Led Berkshire Hathaway Owns 3 Consumer Stocks. Here's the One I'd Buy First.](https://longbridge.com/en/news/300873098.md)
- [Western Digital vs. Sandisk: The Better Way to Play the Hard-Drive Side of the AI Storage Boom](https://longbridge.com/en/news/300870855.md)

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