Main takeaway: Avalanche Treasury's stock fell about 73% from its first-day close to roughly $0.50. SEC filings show a $26.78M quarterly net loss, $1.22M cash, $9.06M net working capital deficit, and 13.78M AVAX held (cost $265.29M, fair value $122.76M). Management said losses and liquidity raised doubt about going concern, which they say was resolved after merging with Mountain Lake Acquisition Corp.; CEO Bart Smith said AVAT lets public investors access the Avalanche ecosystem.
币界网消息，Avalanche Treasury股票自纳斯达克上市以来大幅下跌，最近交易价格约为0.50美元，较首日收盘价1.85美元下跌约73%。根据SEC文件，Avalanche Treasury截至3月31日的季度净亏损为2678万美元，现金122万美元，净营运资金赤字906万美元。该公司持有1378万AVAX，成本基础为2.6529亿美元，公允价值为1.2276亿美元。管理层表示，流动性状况和持续亏损引发了对公司持续经营能力的“重大怀疑”，但在与Mountain Lake Acquisition Corp.完成合并后，这一担忧已得到解决。Avalanche Treasury在完成6.75亿美元的合并后上市，首席执行官Bart Smith表示，AVAT为公众市场投资者提供了接触Avalanche生态系统的机会。