AVAT · Avalanche Treasury Corp
The latest filing states the doubt was alleviated.
“Based on the improved liquidity profile and the removal of the previously identified uncertainties, management has concluded that substantial doubt about the Company's ability to continue as a going concern is alleviated for the twelve-month look-forward period from the date of the filing of this 10-Q.”View the 10-Q filed Aug 19, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-08-25 | Hadick Robert M |
Director |
Other↓
Filing footnotes — Class A Common Stock (Indirect)
Represents shares of Class A common stock repurchased by the Issuer to satisfy tax withholding in connection with the issuance of 2,000,000 post-closing shares to Astral Horizon, L.P., a Delaware limited partnership ("Astral") pursuant to the Business Combination Agreement (as amended) dated October 1, 2025 by and among the Issuer, Mountain Lake Acquisition Corp., a Cayman Islands exempted company, Avalanche SPAC Merger Sub LLC, a Delaware limited liability company, Avalanche Company Merger Sub LLC, a Delaware limited liability company, Avalanche Treasury Company LLC, a Delaware limited liability company, Dragonfly Digital Management, LLC, a Delaware limited liability company, Dragonfly Ventures L.P., a Cayman Islands exempted limited partnership, Dragonfly Ventures II, L.P., a Cayman Islands exempted limited partnership), and Astral. Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any. |
Class A Common Stock
(I)
|
237,833 |
| 2026-07-12 | Moljo Laine Mihalchick |
Chief Operating Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
The option awards vest in equal installments on January 12, 2027, 2028 and 2029 subject to continued employment with Avalanche Treasury Corporation or its subsidiaries through the applicable vesting date. |
Stock Option (Right to Buy)
|
1,100,000 |
| 2026-07-12 | Smith Gerald Bartholomew |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
The option awards vest in equal installments on January 12, 2027, 2028 and 2029 subject to continued employment with Avalanche Treasury Corporation or its subsidiaries through the applicable vesting date. |
Stock Option (Right to Buy)
|
2,700,000 |