Avalanche Treasury director lists 4M indirect shares
Avalanche Treasury Corp (AVAT) filed an amended Form 3 indicating that director Robert M. Hadick reports indirect ownership of 4,000,000 shares of Class A Common Stock held by Astral Horizon, L.P.
Rhea-AI Filing Summary
Avalanche Treasury Corp (AVAT) filed an amended Form 3 indicating that director Robert M. Hadick reports indirect ownership of 4,000,000 shares of Class A Common Stock held by Astral Horizon, L.P. The amendment adds 2,000,000 post-closing shares issued to Astral Horizon, L.P. under a Business Combination Agreement. Mr. Hadick disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hadick Robert M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 4,000,000 shares (Indirect, By Astral Horizon, L.P.)
Footnotes (1)
- F1. Astral Horizon, L.P. ("Astral Horizon Fund") 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 Horizon Fund, 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 Horizon Fund, except to the extent of his pecuniary interest therein, if any.
Key Figures
Indirectly held Class A Common Stock: 4,000,000 shares
Post-closing shares issued to Astral Horizon, L.P.: 2,000,000 shares
Transaction date for reported holding: 2026-06-11
3 metrics
Indirectly held Class A Common Stock
4,000,000 shares
Total shares of Avalanche Treasury Corp held indirectly by Astral Horizon, L.P. following the reported holdings as of 2026-06-11
Post-closing shares issued to Astral Horizon, L.P.
2,000,000 shares
Additional AVAT Class A shares issued under the Business Combination Agreement and added by this Form 3/A
Transaction date for reported holding
2026-06-11
Date associated with the Class A Common Stock holding entry
Key Terms
Business Combination Agreement, pecuniary interest, general partner, portfolio securities
4 terms
Business Combination Agreement regulatory
"post-closing shares issued to Astral Horizon, L.P. pursuant to the Business Combination Agreement"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
pecuniary interest financial
"disclaims beneficial ownership of the securities held by Astral Horizon Fund, except to the extent of his pecuniary interest"
general partner financial
"Astral Horizon, L.P. is managed by its general partner, Astral Horizon GP, LLC"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
portfolio securities financial
"including voting and investment decisions relating to its portfolio securities"
FAQ
What does the amended Form 3 for AVAT report about Robert M. Hadick's holdings?
The amended Form 3 reports that Robert M. Hadick has indirect ownership of 4,000,000 shares of Avalanche Treasury Corp Class A Common Stock, held through Astral Horizon, L.P., and he disclaims beneficial ownership except for any pecuniary interest he may have.
Why was this Form 3/A amendment filed for AVAT?
It was filed to add 2,000,000 post-closing shares of Avalanche Treasury Corp Class A Common Stock that were issued to Astral Horizon, L.P. pursuant to a Business Combination Agreement dated October 1, 2025 involving Avalanche Treasury Corp and related entities.
Is there a buy or sell transaction reported in this AVAT Form 3/A?
No buy or sell transaction is reported. The filing reflects a holding entry showing 4,000,000 shares of AVAT Class A Common Stock held indirectly via Astral Horizon, L.P., including 2,000,000 post-closing shares from the Business Combination Agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
