STOCK TITAN

W. R. Berkley (MLAC) discloses exit from Mountain Lake Acquisition Class A shares

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

W. R. Berkley Corporation and its subsidiary Berkley Insurance Company report that they no longer beneficially own any Class A ordinary shares of Mountain Lake Acquisition Corp. The amendment states 0 shares beneficially owned, representing 0% of the class, with no sole or shared voting or dispositive power.

The filing confirms that W. R. Berkley’s ownership has fallen to 5 percent or less of the class, and therefore it no longer has reportable beneficial ownership in these securities. The amendment is signed by Richard M. Baio in his capacities as Executive Vice President, Chief Financial Officer and Treasurer.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 0 shares Amount beneficially owned in MLAC Class A ordinary shares
Percent of class 0% Percent of MLAC Class A ordinary share class beneficially owned
Sole voting power 0 Shares over which W. R. Berkley has sole power to vote
Shared voting power 0 Shares over which W. R. Berkley has shared power to vote
Sole dispositive power 0 Shares over which W. R. Berkley has sole dispositive power
Shared dispositive power 0 Shares over which W. R. Berkley has shared dispositive power
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 0"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Dispositive Power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of class financial
"Percent of class: 0 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

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

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FAQ

What does W. R. Berkley Corporation’s Schedule 13G/A say about its ownership in MLAC?

The Schedule 13G/A reports that W. R. Berkley Corporation beneficially owns 0 Class A shares of Mountain Lake Acquisition Corp., representing 0% of the class, with no voting or dispositive power remaining.

Has W. R. Berkley Corporation fallen below 5% ownership of MLAC (symbol MLAC)?

Yes. The filing explicitly notes Ownership of 5 percent or less of a class and reports 0 shares and 0% beneficial ownership of Mountain Lake Acquisition Corp.’s Class A ordinary shares.

Which securities of MLAC are covered in this Schedule 13G/A amendment?

The amendment covers Class A ordinary shares, par value $0.0001 per share, of Mountain Lake Acquisition Corp., and reports that W. R. Berkley Corporation and its subsidiary no longer beneficially own any of these shares.

Which entities are identified as reporting persons in the MLAC Schedule 13G/A?

The reporting persons are W. R. Berkley Corporation and its subsidiary Berkley Insurance Company, each organized in Delaware, both reporting 0 shares and 0% beneficial ownership of MLAC Class A shares.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



W. R. Berkley Corporation
Signature:/s/ Richard M. Baio
Name/Title:Richard M. Baio/Executive Vice President and Chief Financial Officer
Date:08/05/2026
Berkley Insurance Company
Signature:/s/ Richard M. Baio
Name/Title:Richard M. Baio/Executive Vice President and Treasurer
Date:08/05/2026