Mountain Lake Acquisition Sponsor LLC's Form 4 filing
Mountain Lake Acquisition Corp. · filed Dec 16, 2024
- Accession no.
- 0001213900-24-109464
- Filed
- Dec 16, 2024
- Trade date
- Dec 12-16, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction and 3 derivative transactions. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Mountain Lake Acquisition Sponsor LLCCIK 0002047890 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 16, 2024 | Class A Ordinary Share, par value $0.0001 per share | PPurchaseAcquired | +495,000 | –F1 | – | 495,000 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 12, 2024 | Class A ordinary shares | AGrant or awardAcquired | +359,375 | –F3 | – | 7,546,875 | Direct | |
| Dec 16, 2024 | Class A ordinary shares | DReturned to the companyDisposed | −359,375 | –F4 | – | 7,187,500 | Direct | |
| Dec 16, 2024 | Class A Ordinary Share, par value $0.0001 per share | PPurchaseAcquired | +495,000 | –F1,F5 | – | 495,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Reflects the 495,000 private units owned by Mountain Lake Acquisition Sponsor LLC, the sponsor (the "Sponsor") of Mountain Lake Acquisition Corp. (the "Issuer"). The private units consist of Class A ordinary shares and rights. The private units were purchased at $10.00 per unit for an aggregate purchase price of $4,950,000.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
Reflects the issuance of bonus shares on December 12, 2024 in connection with the upsize of the Issuer's initial public offering.
Referenced by the price of 1 transaction in Table II.
- F4
Reflects the forfeiture of shares because the Issuer's over-allotment option was only partially exercised by the underwriters.
Referenced by the price of 1 transaction in Table II.
- F5
The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.
Referenced by the price of 1 transaction in Table II.