Mountain Lake Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights Commencing February 3, 2025
Mountain Lake Acquisition Corp (NASDAQ: MLAC) has announced that starting February 3, 2025, holders of units from their December 16, 2024 initial public offering can choose to separately trade Class A ordinary shares and rights on the Nasdaq Global Market. The separated components will trade under symbols MLAC (Class A ordinary shares) and MLACR (rights), while unseparated units will continue trading as MLACU.
Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate units. The initial units were offered through an underwritten offering with BTIG, serving as the sole book-running manager.
Mountain Lake Acquisition Corp (NASDAQ: MLAC) ha annunciato che a partire dal 3 febbraio 2025, i detentori delle unità dell'offerta pubblica iniziale del 16 dicembre 2024 possono scegliere di negoziare separatamente azioni ordinarie di Classe A e diritti sul Nasdaq Global Market. I componenti separati verranno scambiati con i simboli MLAC (azioni ordinarie di Classe A) e MLACR (diritti), mentre le unità non separate continueranno a essere scambiate come MLACU.
I detentori di unità devono contattare Continental Stock Transfer & Trust Company attraverso i loro broker per separare le unità. Le unità iniziali sono state offerte tramite un'offerta sotto scrittura con BTIG, che ha servito come unico manager di book-running.
Mountain Lake Acquisition Corp (NASDAQ: MLAC) ha anunciado que a partir del 3 de febrero de 2025, los poseedores de unidades de su oferta pública inicial del 16 de diciembre de 2024 pueden optar por negociar por separado acciones ordinarias Clase A y derechos en el Nasdaq Global Market. Los componentes separados se negociarán bajo los símbolos MLAC (acciones ordinarias Clase A) y MLACR (derechos), mientras que las unidades no separadas continuarán negociándose como MLACU.
Los tenedores de unidades deben contactar a Continental Stock Transfer & Trust Company a través de sus corredores para separar las unidades. Las unidades iniciales se ofrecieron a través de una oferta asegurada con BTIG, que actuó como el único gerente de book-running.
Mountain Lake Acquisition Corp (NASDAQ: MLAC)는 2025년 2월 3일부터 2024년 12월 16일의 공모주에서 유닛 보유자들이 클래스 A 보통주와 권리를 나누어 나스닥 글로벌 마켓에서 거래할 수 있다고 발표했습니다. 분리된 구성 요소는 MLAC (클래스 A 보통주) 및 MLACR (권리) 기호로 거래되며, 분리되지 않은 유닛은 MLACU로 계속 거래됩니다.
유닛 보유자는 유닛을 분리하기 위해 브로커를 통해 Continental Stock Transfer & Trust Company에 연락해야 합니다. 초기 유닛은 단독 책을 관리하는 BTIG와 함께 인수된 공모를 통해 제공되었습니다.
Mountain Lake Acquisition Corp (NASDAQ: MLAC) a annoncé qu'à partir du 3 février 2025, les détenteurs d'unités de leur introduction en bourse du 16 décembre 2024 peuvent choisir de négocier séparément des actions ordinaires de Classe A et des droits sur le Nasdaq Global Market. Les composants séparés seront négociés sous les symboles MLAC (actions ordinaires de Classe A) et MLACR (droits), tandis que les unités non séparées continueront à être échangées en tant que MLACU.
Les détenteurs d'unités doivent contacter Continental Stock Transfer & Trust Company par l'intermédiaire de leurs courtiers pour séparer les unités. Les unités initiales ont été proposées par le biais d'une offre souscrite avec BTIG, qui a agi en tant que gestionnaire unique pour le book-running.
Mountain Lake Acquisition Corp (NASDAQ: MLAC) hat bekannt gegeben, dass ab dem 3. Februar 2025 die Inhaber von Einheiten aus ihrem Börsengang am 16. Dezember 2024 die Möglichkeit haben, die Klasse A Stammaktien und die Optionen getrennt an der Nasdaq Global Market zu handeln. Die separaten Komponenten werden unter den Symbolen MLAC (Klasse A Stammaktien) und MLACR (Optionen) gehandelt, während nicht geteilte Einheiten weiterhin als MLACU gehandelt werden.
Einheiteninhaber müssen Continental Stock Transfer & Trust Company über ihre Broker kontaktieren, um die Einheiten zu trennen. Die ursprünglichen Einheiten wurden über ein gezeichnetes Angebot mit BTIG angeboten, das als alleiniger Book-Running-Manager fungierte.
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NEVADA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Mountain Lake Acquisition Corp. (NASDAQ: MLAC) (the “Company”) announced today that, commencing February 3, 2025, holders of the units sold in the Company’s initial public offering completed on December 16, 2024 may elect to separately trade the Class A ordinary shares of the Company and the rights included in such units on The Nasdaq Global Market (“Nasdaq”).
The Class A ordinary shares and rights that are separated will trade on Nasdaq under the symbols “MLAC” and “MLACR,” respectively. Those units not separated will continue to trade on Nasdaq under the symbol “MLACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and rights.
The units were initially offered by the Company in an underwritten offering. BTIG, LLC acted as sole book-running manager of the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Mountain Lake Acquisition Corp.
Mountain Lake Acquisition Corp. is a blank check company newly incorporated as a Cayman Islands exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination target in any business or industry or at any stage of its corporate evolution. The Company’s primary focus will be in completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds of the offering and the Company’s search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
Douglas Horlick
doug@mountainlakeacquisition.com
Mountain Lake Acquisition Corp.
930 Tahoe Blvd STE 802 PMB 45
Incline Village, NV 89451
(775) 204-1489
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