Calabrese Consulting LLC congratulates Mountain Lake Acquisition Corp. (Nasdaq: MLACU) on the successful closing of its $230 million initial public offering, including the partial exercise of underwriters' over-allotment option.
Mountain Lake’s units began trading on the Nasdaq Global Market on December 13, 2024, under the ticker symbol MLACU. Each unit consists of one Class A ordinary share and one right. Once the securities begin separate trading, the Class A ordinary shares and rights are expected to trade under the symbols MLAC and MLACR, respectively.
Led by Paul Grinberg, Chief Executive Officer and Chairman of the Board, and Douglas Horlick, Chief Financial Officer, Director, and President, Mountain Lake will focus on identifying an established business of scale poised for continued growth, led by a highly regarded management team.
We extend our congratulations to the entire Mountain Lake team for reaching this milestone and to BTIG, LLC, which served as the sole book-running manager for the offering.
We look forward to following Mountain Lake’s success as it embarks on its journey in the public markets.
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