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Mountain Lake Acquisition Corp has announced the pricing of its upsized initial public offering (IPO) of 21,000,000 units at $10.00 per unit, totaling $210,000,000. Each unit comprises one Class A ordinary share and one right, with each right convertible to one-tenth of a Class A ordinary share upon business combination completion.

The units will trade on Nasdaq under MLACU, with the shares and rights later trading separately as MLAC and MLACR. The offering, expected to close December 16, 2024, includes a 45-day overallotment option for underwriters to purchase up to 3,150,000 additional units. The blank check company aims to merge with established, scalable businesses under CEO Paul Grinberg and CFO Douglas Horlick's leadership.

Malacca Straits Acquisition Company Limited (Nasdaq: MLAC) announced it received a Public Float Notice from Nasdaq on April 21, 2023, indicating it does not meet the required minimum of 500,000 publicly held shares for continued listing. The company has until June 5, 2023, to submit a plan to regain compliance. Although the notice does not immediately affect the trading of its securities, there is no assurance that the company will achieve compliance with Nasdaq's Public Float Standard or other criteria.

Founded for mergers and acquisitions, Malacca Straits went public on July 17, 2020, with its units, Class A ordinary shares, and public warrants trading on Nasdaq. The firm plans to evaluate options to regain compliance but acknowledges multiple risks and uncertainties ahead.

Indiev, Inc. has announced a definitive merger agreement with Malacca Straits Acquisition Company Limited (Nasdaq: MLAC) to go public on the Nasdaq Capital Market. This merger will position Indiev as a wholly-owned subsidiary of Malacca, with the deal valued at $600 million. Indiev aims to innovate in the electric vehicle sector with its INDI One model, featuring advanced computing capabilities. The deal includes potential additional shares for performance milestones and is anticipated to close in Q1 2023, with a new ticker symbol INEV.

Malacca Straits Acquisition Company Limited announced that starting August 6, 2020, investors can separately trade the 14,375,000 units sold in its IPO, which include Class A ordinary shares and warrants. These securities will trade on The Nasdaq Capital Market under the symbols MLAC for shares and MLACW for warrants. Units not separated will continue to trade under MLACU. The offering was managed by BTIG, LLC, and co-managed by I-Bankers Securities, Inc. The Company focuses on mergers and acquisitions with Southeast Asian conglomerates in various sectors.

Malacca Straits Acquisition Company Limited (Nasdaq: MLACU) has closed the issuance of an additional 1,875,000 units through the underwriters’ purchase option, generating $18,750,000 and increasing total IPO proceeds to $143,750,000. The units, trading since July 15, 2020, consist of a Class A ordinary share and half a redeemable warrant, with warrants exercisable at $11.50 per share. $143,750,000 from the IPO proceeds is held in trust. The offering was managed by BTIG, LLC, with legal counsel provided by Ellenoff Grossman & Schole LLP.

Malacca Straits Acquisition Company Limited (Nasdaq: MLACU) successfully closed its initial public offering (IPO) on July 17, 2020, raising $125 million through the sale of 12.5 million units priced at $10.00 each. The IPO units consist of one Class A ordinary share and half a redeemable warrant, with each warrant enabling the purchase of a share at $11.50. The offering's proceeds will be placed in trust, pending further use as outlined in future filings with the SEC. The company aims to pursue acquisition opportunities in various sectors, focused primarily on Southeast Asian conglomerates.

Malacca Straits Acquisition Company Limited has priced its IPO at $10.00 per unit, totaling 12,500,000 units, set to trade under the ticker symbol MLACU starting July 15, 2020. Each unit includes one Class A ordinary share and a half warrant, allowing purchase of an additional Class A share at $11.50. The offering closes on July 17, 2020, and underwriters have a 45-day option for an additional 1,875,000 units. The Company's focus is on acquisitions in Southeast Asian conglomerates, particularly in media, food processing, renewable energy, and healthcare.