MLAC

Mountain Lake Acquisition Corporation (MLACU)

Market Closed
4 Dec, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
11. 00
0
0%
$
261.86M Market Cap
- P/E Ratio
- Div Yield
38 Volume
- Eps
$ 11
Previous Close
Day Range
11 11
Year Range
10 13.24
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Summary

MLACU closed Thursday higher at $11, an increase of 0% from Wednesday's close, completing a monthly increase of 0% or $11. Over the past 12 months, MLACU stock gained 9.67%.
MLACU is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

MLACU Chart

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Mountain Lake Acquisition Corporation (MLACU) FAQ

What is the stock price today?

The current price is $11.00.

On which exchange is it traded?

Mountain Lake Acquisition Corporation is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is MLACU.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 261.86M.

Has Mountain Lake Acquisition Corporation ever had a stock split?

No, there has never been a stock split.

Mountain Lake Acquisition Corporation Profile

Trading Companies & Distributors Industry
Industrials Sector
Gordon Lo CEO
NASDAQ (NMS) Exchange
G5859B125 CUSIP
HK Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Mountain Lake Acquisition Corporation is strategically established as a special purpose acquisition company (SPAC) with the principal aim to execute a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Distinct from the traditional initial public offering (IPO) process, SPACs like Mountain Lake Acquisition Corporation offer companies a more streamlined avenue for going public. These entities play a critical role in the financial markets by providing an alternative method for private companies to access public equity, thereby facilitating growth opportunities and enhancing value for investors. SPACs typically operate within a set timeframe, usually around two years, to find and acquire a suitable target, after which they are required to return the funds to their investors if no acquisition is made. Mountain Lake Acquisition Corporation distinguishes itself by exploring opportunities across a diverse range of industries, leveraging its management expertise and strategic insights to identify and capitalize on opportunities that promise substantial value generation post-acquisition.

Products and Services

As a SPAC, Mountain Lake Acquisition Corporation offers a unique set of products and services designed to streamline the process of going public for private companies, while offering investors the opportunity to invest in new ventures with the potential for significant growth. The company’s offerings include:

  • Merger and Acquisition Facilitation: Mountain Lake Acquisition Corporation specializes in facilitating mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. This service provides a viable alternative for companies looking to go public without undergoing the extensive and often strenuous traditional IPO process.
  • Strategic Investment Opportunities: For investors, Mountain Lake offers the opportunity to invest in a curated selection of companies with strong growth potentials across various industries. This approach enables investors to diversify their portfolios with potential high-growth companies before they become publicly listed.
  • Management Expertise and Strategic Insights: Leveraging its management’s expertise and strategic insights, Mountain Lake Acquisition Corporation seeks to identify and engage with businesses that demonstrate substantial growth potential. The focus is on generating significant value post-acquisition, making them attractive opportunities for investors and partners alike.
  • Time-Limited Investment Framework: The structured timeframe within which SPACs must complete a business combination introduces a unique dynamic to the investment. It ensures that there is a focused effort to find a suitable acquisition target within two years, after which funds are returned to investors if no acquisition is made, mitigating prolonged investment uncertainty.

Contact Information

Address: St. George’s Building
Phone: 852 2106 0888