Avalanche Treasury Co. strikes $675 million merger deal to form AVAX . . . Avalanche Treasury Co (AVAT) announced a definitive business combination agreement with Mountain Lake Acquisition Corp late Wednesday — valued at more than $675 million — marking one of the largest crypto-aligned Special Purpose Acquisition Company (SPAC) transactions to date
AVAT to Go Public in $675M Deal for Institutional AVAX Access In simple terms, investors can buy into AVAT’s publicly listed shares to gain AVAX exposure at below-market cost This is while also benefiting from the firm’s active participation in the Avalanche ecosystem