Here are the 424B prospectus supplements from Avalanche Treasury Corporation (AVAT) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AVAT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AVAT filings page.
Avalanche Treasury Corp (AVAT) filed a prospectus supplement covering the resale by existing holders of up to 15,690,755 shares of Class A common stock. The supplement incorporates the company’s Quarterly Report for the quarter ended June 30, 2026.
Avalanche Treasury Corp operates through Avalanche Treasury Company LLC to hold and manage AVAX tokens, generate staking and liquid-staking yield, and support Avalanche ecosystem activities. For the six months ended June 30, 2026, it generated $3.6 million of staking revenue, net of fees, but recorded a net loss of $71.4 million, mainly from fair value changes and impairments on digital assets and transaction costs tied to its SPAC business combination.
As of June 30, 2026, the company reported $109.0 million in total assets, including $100.0 million of AVAX and $5.4 million of USDC, with cash of $3.4 million and a $23.0 million AVAX‑collateralized loan outstanding. Management cites available cash, liquid digital assets and this facility in concluding there is no substantial doubt about its ability to continue as a going concern for at least 12 months. As of August 19, 2026, there were 37,914,805 Class A and 5,805,639 Class B shares outstanding.
Avalanche Treasury Corporation (AVAT) has registered for resale up to 15,690,755 shares of Class A common stock held by existing stockholders. These are being offered from time to time by the selling holders under a shelf registration; the company will not receive any proceeds from these sales.
The registered shares represent about 39.7% of AVAT’s total outstanding Class A common stock on a fully diluted basis as of July 21, 2026, creating the potential for significant stock overhang and price pressure if sold rapidly. AVAT is an AVAX-focused treasury company formed through a June 11, 2026 SPAC Business Combination with Mountain Lake Acquisition Corp., pursuing AVAX accumulation, staking and related ecosystem activities.
As of July 21, 2026, AVAT had 39,514,805 Class A shares outstanding and its stock traded at $0.313 per share on Nasdaq. Dragonfly beneficially holds 100% of the voting power via Class B stock, making AVAT a “controlled company” exempt from certain Nasdaq governance requirements. AVAT is also an emerging growth and smaller reporting company, using reduced reporting and internal control requirements, and its auditor has raised substantial doubt about its ability to continue as a going concern.