Douglas Horlick, CFO and director of Mountain Lake Acquisition Corp. (NASDAQ:MLAC), recently reported several stock transactions. On December 16, 2024, Horlick acquired 12,500 Class A ordinary shares indirectly through Mountain Lake Acquisition Sponsor LLC, with each unit priced at $10.00. Track insider transactions like these and gain deeper insights with InvestingPro, which provides comprehensive insider trading analysis and real-time alerts.
In addition to this acquisition, Horlick was involved in derivative transactions. On December 12, 2024, he acquired 65,968 Class B ordinary shares, which are convertible into Class A shares. Subsequently, on December 16, 2024, he disposed of the same amount of Class B shares due to the issuer's over-allotment option being partially exercised by underwriters.
These transactions reflect Horlick's ongoing involvement and investment in Mountain Lake Acquisition Corp., a company classified under the blank check sector.
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