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Smart Investors Daily
ML

NASDAQ · MLACU

Mountain Lake Acquisition Corp. Units

Financial Services · Shell Companies

$3.60

Up+$0.00 (+0.00%)

Updated Aug 18, 2026, 7:34 PM

SID Score

3.3/10

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Smart Money

Institutional and insider signal

Market cap
261.86M
P/E ratio
36.32
Dividend yield
0.00%
52-week range
$3.40 – $19.00
Volume
13.97K
Avg. volume
200

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Mountain Lake Acquisition Corp is a blank check company.

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GlobeNewswire Inc. · Jun 13, 2023

Malacca Straits Acquisition Company Limited Announces Termination of Merger Agreement with Indiev, Inc and its Intention to Liquidate

New York, NY, June 13, 2023 (GLOBE NEWSWIRE) -- Malacca Straits Acquisition Company Limited (“Malacca”) (Nasdaq: MLAC) announced, announced today that (i) Malacca, Indiev, Inc and certain other parties have mutually agreed to terminate their previously announced Agreement and Plan of Merger (the “Merger Agreement”), effective as of June 8, 2023 and (ii) it intends to liquidate as soon as practicable on June 16, 2023 and to return funds to holders of its Class A ordinary shares.

GlobeNewswire Inc. · Apr 26, 2023

Malacca Straits Acquisition Company Limited Receives Nasdaq Notification Regarding Public Float

New York, NY, April 26, 2023 (GLOBE NEWSWIRE) -- Malacca Straits Acquisition Company Limited (the “Company”) (Nasdaq: MLAC) announced that on April 21, 2023, it received a letter (the “Public Float Notice”) from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it no longer meets the minimum 500,000 publicly held shares required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4) (the “Public Float Standard”). The Public Float Notice states that the Company has until June 5, 2023 to provide Nasdaq with a specific plan to achieve and sustain compliance with all Nasdaq Capital Market listing requirements, including the time frame for completion of its plan. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.

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