Nasdaq files Form 25 to delist Mountain Lake Acquisition

Rhea-AI Filing Summary

Nasdaq Stock Market LLC submitted a Form 25 to remove the listing and registration of Mountain Lake Acquisition Corp. securities — described as class A ordinary shares; rights; units — under Section 12(b) of the Exchange Act, citing compliance with 17 CFR 240.12d2-2. The notice is certified and signed on behalf of Nasdaq by Tara Petta, AVP.

Insights

Exchange Compliance Analyst

Nasdaq filed a Form 25 documenting removal of Mountain Lake Acquisition Corp. securities.

The filing records that Nasdaq exercised its procedures under 17 CFR 240.12d2-2 and that the issuer complied with voluntary-withdrawal requirements. The notice identifies the affected classes as class A ordinary shares; rights; units.

Timing and market impact are not stated in the excerpt; subsequent filings may disclose the effective delisting date or related actions.

Key Figures

Commission File Number: 001-42436 Affected security classes: class A ordinary shares; rights; units Document expiry reference: March 31, 2018 +1 more

4 metrics

Commission File Number 001-42436 Form 25 cover block

Affected security classes class A ordinary shares; rights; units described in filing

Document expiry reference March 31, 2018 header expiry line

Issuer principal office zip 89451 issuer address

Key Terms

Form 25, Section 12(b), 17 CFR 240.12d2-2

3 terms

Form 25 regulatory

"Notification of removal from listing and/or registration"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

Section 12(b) regulatory

"under Section 12(b) of the Securities Exchange Act of 1934"

Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Mountain Lake Acquisition Corp. (MLAC) Form 25 mean?

It notifies the exchange that Nasdaq is removing MLAC securities from listing and registration under Section 12(b). The filing states Nasdaq and the issuer complied with the procedural rules cited as 17 CFR 240.12d2-2 and includes an exchange certification.

Which classes of MLAC securities are affected by the Form 25?

The filing lists the affected classes as class A ordinary shares; rights; units. Those labels appear verbatim in the notice and identify the specific securities subject to removal from Nasdaq listing and registration.

Who certified the Form 25 for Nasdaq in the MLAC filing?

The notification is signed on behalf of Nasdaq by Tara Petta, AVP. The filing includes a certification that Nasdaq has reasonable grounds to file Form 25 and complied with the cited procedural rules.

What regulatory provisions does the Form 25 cite in the MLAC notice?

The notice cites Section 12(b) of the Exchange Act and procedural rules under 17 CFR 240.12d2-2 (subsections (a)(1)–(4) and (b)/(c)). Those citations indicate the statutory and rule basis for delisting and voluntary withdrawal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 03:06 PM Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-42436

Issuer:	Mountain Lake Acquisition Corp.
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	930 Tahoe Blvd STE 802 PMB 45
	Incline Village	NEVADA	89451
Telephone number:					(917) 847-8211

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

class a ordinary shares; rights; units

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-06-11	By	Tara Petta		AVP
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.