| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $0 | — | — |
| SG&A Expense | $140K | -4.0% | — |
| Net Income | -$140K | +4.0% | — |
| EPS (Basic) | -$139.64 | +3.9% | — |
| EPS (Diluted) | -$139.64 | +3.9% | — |
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $0 | — | — |
| Current Assets | $2.2M | +36.5% | — |
| Total Assets | $2.2M | +36.5% | — |
| Current Liabilities | $2.5M | +41.4% | — |
| Total Liabilities | $2.5M | +41.4% | — |
| Stockholders' Equity | -$285K |
Business Overview
Avalanche Treasury Corporation is a Delaware corporation incorporated on September 22, 2025, formed to serve as the public registrant in a business combination with Mountain Lake Acquisition Corp. (SPAC) and Avalanche Treasury Company LLC. The company has entered into definitive agreements for a business combination expected to result in a publicly traded entity on Nasdaq, with significant capital raised through subscription agreements and token contributions totaling approximately $178.2 million in proceeds received as of the filing date.
Segment Performance
The company operates as a single operating segment and is pre-revenue. For the three months ended March 31, 2026, the company reported general and administrative expenses of $139,635 and a net loss of $139,635. The company has no meaningful operating history or segment revenue to report.
Forward Guidance
Management expects that "future operating losses and negative operating cash flows may increase from historical levels because of additional costs and expenses related to the business operations and the development of market and strategic relationships with other businesses." Management plans to alleviate going concern doubts through "seeking additional capital through the issuance of equity securities and/or other financing arrangements and completing the Business Combination Agreement," though completion "is subject to the approval of Mountain Lake Acquisition Corp. s shareholders among other closing conditions that are not within the parties control."
Key Risk Factors
The company faces substantial doubt about its ability to continue as a going concern due to no revenue generation, recurring losses since inception, working capital deficit of $285,017, and lack of committed financing. Significant risks include failure to obtain required shareholder approvals and closing conditions for the business combination, inability to raise additional capital needed for operations, and dependence on the completion of the Business Combination Agreement which remains subject to conditions outside the parties' control.
| -96.0% |
| — |