Here are the 10-Q quarterly reports from Mountain Lake Acquisition Corp. II Units (MLAAU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MLAAU 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 MLAAU filings page.
Mountain Lake Acquisition Corp., a Cayman Islands SPAC, reported early-stage results for the quarter ended June 30, 2026. After its January 28, 2026 IPO of 36,000,000 units at $10.00, it placed $360,000,000 in a Trust Account, which grew to $365,368,577 or $10.15 per Public Share with interest. Total assets were $366,761,327, almost entirely the Trust.
For the three and six months ended June 30, 2026, the company recorded net income of $2,911,416 and $4,837,757, driven by $3,214,082 and $5,368,577 of interest income, partially offset by formation, general, and administrative costs of $302,666 and $530,820. Cash outside the Trust was $1,146,565, with working capital surplus of $1,313,803.
The SPAC has until January 28, 2028 to complete a Business Combination. A non-binding LOI with Terra Quantum was terminated; Mountain Lake booked and has since collected $131,709 of reimbursed expenses. As of June 30, 2026, no definitive merger agreement had been executed.
Mountain Lake Acquisition Corp., a SPAC, reported net income of $1,926,341 for the three months ended March 31, 2026, driven mainly by $2,154,495 of interest on its IPO proceeds held in a trust account, partially offset by $228,154 of formation, general, and administrative costs. Following its January 28, 2026 IPO of 36,000,000 units for $360,000,000, the company had total assets of $363,859,517, including $362,154,495 in cash and marketable securities in the Trust Account, or $10.06 per public share, and cash outside the trust of $1,567,229.
The SPAC has 36,000,000 Class A ordinary shares subject to possible redemption and 12,006,000 Class B founder shares outstanding, with a shareholders’ deficit reflecting the redeemable share structure and a $12,600,000 deferred underwriting fee. It has until January 28, 2028 to complete an initial business combination, after which it must redeem public shares and liquidate if no deal is closed. On April 9, 2026, Mountain Lake signed a non-binding letter of intent with Terra Quantum AG for a potential business combination, but there is no assurance a definitive agreement or transaction will be completed.