Mountain Lake Acquisition Corp. Announces Closing of $230 Million Initial Public Offering, Including Partial Exercise of Underwriters' Over-Allotment Option
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