Form 4 for AVAT Avalanche Treasury Corp
Accepted 2026-08-27 08:15:44 ET · period of report 2026-08-25 · accession 0001104659-26-102057 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2026-08-27 08:15 | 2026-08-25 | AVAT | Hadick Robert M | Dir | D - Sale to Iss | $0.5466 | -237.8K | 3.76M | -6% | -$130.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2026-08-25 | D | D | 237,833 | $0.5466 | 3,762,167 | I By Astral Horizon, L.P. | — | — | (F1) Represents shares of Class A common stock repurchased by the Issuer to satisfy tax withholding in connection with the issuance of 2,000,000 post-closing shares to Astral Horizon, L.P., a Delaware limited partnership ("Astral") pursuant to the Business Combination Agreement (as amended) dated October 1, 2025 by and among the Issuer, Mountain Lake Acquisition Corp., a Cayman Islands exempted company, Avalanche SPAC Merger Sub LLC, a Delaware limited liability company, Avalanche Company Merger Sub LLC, a Delaware limited liability company, Avalanche Treasury Company LLC, a Delaware limited liability company, Dragonfly Digital Management, LLC, a Delaware limited liability company, Dragonfly Ventures L.P., a Cayman Islands exempted limited partnership, Dragonfly Ventures II, L.P., a Cayman Islands exempted limited partnership), and Astral. (F2) Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any. |