Avalanche Treasury Corp told the U.S. Securities and Exchange Commission that its ability to continue as a going concern is in doubt after its stock fell 93% over the past month.
According to NS3.AI, the company paid roughly $265 million for AVAX, but said the position was worth about $123 million by the end of March.
The filing also said AVAT has pledged roughly 7.8 million of its 13.8 million AVAX as collateral for loans.
Avalanche Treasury Corp Flags Going-Concern Risk After 93% Stock Drop and AVAX Holdings Decline
2026-07-01 20:42:12
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