[SCHEDULE 13G/A] Mountain Lake Acquisition Corp. Units SEC Filing

Rhea-AI Filing Summary

Barclays PLC filed an amended Schedule 13G disclosing beneficial ownership of 1,092,500 shares of Mountain Lake Acquisition-A common stock, equal to 4.58% of the class. The filing shows Barclays holds sole voting and sole dispositive power over these shares, indicating direct control of voting and disposition for this position.

The statement classifies the stake as held in the ordinary course of business and not acquired to change or influence control. Barclays identifies Barclays Bank PLC as the related subsidiary for purposes of the filing.

Positive

• Institutional interest: Barclays holds 1,092,500 shares (4.58%), signaling institutional ownership in MLACU.
• Sole authority: Barclays reports sole voting and sole dispositive power over the disclosed shares.

Negative

• None.

Insights

Financial Analyst

TL;DR Barclays reports a modest 4.58% stake (1,092,500 shares) in MLACU, held with sole voting and dispositive power but below 5%.

The disclosed position represents a notable institutional holding without crossing the 5% threshold that typically signals a controlling or activist stake. Sole voting and dispositive power mean Barclays can direct votes and sales of these shares, which could matter for narrow shareholder votes. The filing's certification that the position is held in the ordinary course reduces the likelihood this represents an intent to influence control. For investors, this is informative about institutional ownership but not a material control change.

Corporate Governance Expert

TL;DR The Schedule 13G/A shows institutional ownership with sole voting/dispositive authority but expressly not held to influence control.

From a governance perspective, sole voting power over a sub-5% stake is notable because it consolidates operational authority for those shares in Barclays. However, the filing's explicit certification that the securities are held in the ordinary course and not to effect control limits immediate governance implications. The identification of Barclays Bank PLC as a related subsidiary clarifies corporate relationships relevant to proxy and disclosure procedures. Overall, this is a disclosure of interest rather than a governance-reshaping event.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MOUNTAIN LAKE ACQUISITION-A

(Name of Issuer)

COMMON-STOCK

(Title of Class of Securities)

G6301B101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

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)

SCHEDULE 13G

CUSIP No. G6301B101

1

Names of Reporting Persons

Barclays PLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,092,500.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,092,500.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,092,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.58 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MOUNTAIN LAKE ACQUISITION-A
(b)	Address of issuer's principal executive offices: 930 Tahoe Blvd STE 802 PMB 45
Item 2.
(a)	Name of person filing: Barclays PLC
(b)	Address or principal business office or, if none, residence: 1 Churchill Place, London - E14 5HP
(c)	Citizenship: X0
(d)	Title of class of securities: COMMON-STOCK
(e)	CUSIP No.: G6301B101
Item 4.	Ownership
(a)	Amount beneficially owned: 1092500
(b)	Percent of class: 4.58 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1092500
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1092500
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Barclays Bank PLC
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Barclays PLC

Signature:	Ramya Rao
Name/Title:	Director
Date:	08/12/2025

FAQ

How many MLACU shares does Barclays PLC own?

Barclays PLC reported ownership of 1,092,500 shares of Mountain Lake Acquisition-A common stock.

What percentage of MLACU does Barclays PLC hold?

The filing reports a position equal to 4.58% of the class.

Does Barclays have voting control over its MLACU holdings?

Yes. Barclays reported sole voting power and sole dispositive power for the 1,092,500 shares.

Is the Barclays position intended to influence control of Mountain Lake Acquisition (MLACU)?

The filing certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Which Barclays entity is identified in the Schedule 13G/A?

The filing identifies Barclays Bank PLC as the relevant subsidiary associated with the parent holding company.