Wu Blockchain (@WuBlockchain): Avalanche Treasury Co. (AVAT) announced a $675M business combination with Nasdaq SPAC Mountain Lake Acquisition Corp. (MLAC), including ~$460M in trea…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- AVAX+85Positive
Avalanche Treasury Co. (AVAT) announced a $675M business combination with Nasdaq SPAC Mountain Lake Acquisition Corp. (MLAC), including ~$460M in treasury assets. AVAT has already purchased $200M of AVAX at a discount with 18-month priority rights and targets holding over $1B in AVAX post-listing. Entry valuation: 0.77x mNAV (23% discount). https://t.co/5Pc98j9zPl