PST Group Receives Mandatory Non-Competitive Tender Offer Statement

PST Group AB has received a statement from shareholder AB "HISK" regarding the implementation of a mandatory non-competitive tender offer. The statement outlines the terms and conditions of the offer, which is required by law. The offer will be implemented according to the statement, and more information is available from Managing Director Tomas Stukas.

Avalanche Treasury Co. and Mountain Lake Acquisition Corp. have announced a significant merger valued at over $675 million. This deal, one of the largest crypto-aligned SPAC transactions to date, will create a publicly traded AVAX treasury company Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

The combined entity, known as Avalanche Treasury Co. (AVAT), will start with approximately $460 million in treasury assets and has secured an exclusive $200 million discounted AVAX token purchase allocation from the Avalanche Foundation Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1]. The company aims to list on Nasdaq in early 2026 and build an AVAX treasury exceeding $1 billion over time Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

The merger has attracted a diverse group of investors, including major players from both traditional finance and the crypto sector. Notable backers include Dragonfly, ParaFi Capital, VanEck, Galaxy Digital, Pantera Capital, CoinFund, and Kraken Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1]. FalconX will provide trading and credit services, while Monarq will manage portions of the treasury portfolio Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

The leadership team combines Wall Street expertise with crypto industry knowledge. CEO Bart Smith, COO Laine Litman, and CSO Budd White bring extensive experience from renowned financial institutions and crypto companies Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1]. Ava Labs founder Emin Gün Sirer and Blockworks CEO Jason Yanowitz will serve as strategic advisors Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

AVAT plans to launch at a 0.77x mNAV entry point, offering investors a 23% discount relative to buying AVAX directly or through exchange-traded fund alternatives Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1]. The company will start with about $460 million in treasury assets funded through private placement Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

The merger is expected to close in the first quarter of 2026, pending regulatory and shareholder approval Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1]. AVAT aims to position itself as a leading public vehicle for institutional exposure to the cryptocurrency, deploying capital across multiple areas within the Avalanche ecosystem Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1].

Reference List:
Avalanche Treasury Co. Merges with Mountain Lake in $675M SPAC Deal^[1] https://coincentral.com/avalanche-treasury-co-merges-with-mountain-lake-in-675m-spac-deal/