AVAT news

AVAT reported Q3 net income of $54.6M and an increase in staked AVAX to 91% as it eliminated debt. The company repurchased 2.89 million shares, highlighting a focus on returning capital amidst a positive ecosystem recovery.

Avalanche Treasury Corp reported a second-quarter net loss of $44.7 million due to market-driven asset devaluation and reported its Nasdaq debut, while announcing a $10 million share repurchase program.

Mountain Lake Acquisition Corp. completed its merger with Avalanche Treasury Corporation, with the combined company now trading on Nasdaq under ticker AVAT as of June 11, 2026. The transaction provides investors with exposure to the Avalanche blockchain ecosystem through a publicly listed vehicle.

Avalanche Treasury Corporation announced the closing of its previously announced business combination with Mountain Lake Acquisition Corp on June 11, 2026. The transaction combines MLAC with Avalanche Treasury Company to create a combined entity trading under ticker AVAT on Nasdaq.

Avalanche Treasury Company, LLC executed a Master Lender Agreement on March 20, 2026 and a loan term sheet on May 29, 2026 with FalconX Charlie, Inc. to facilitate collateralized loans in digital currency or cash. The facility allows for either open-ended loans or term loans with predetermined matur…