Item 8.01. Other Events. On September 23, 2026, Avalanche Treasury Corporation (the “Company”) completed a transaction with Avalanche (BVI), Inc., a British Virgin Islands company (the “Foundation”) pursuant to which the Company sold to the Foundation, in aggregate, 2,082,371.607744 AVAX tokens, the native cryptocurrency on the Avalanche Network (the “Transaction”).…
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Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On September 23, 2026,
Avalanche Treasury Corporation (the “Company”) completed a transaction with Avalanche (BVI), Inc., a British Virgin Islands
company (the “Foundation”) pursuant to which the Company sold to the Foundation, in aggregate, 2,082,371.607744 AVAX tokens,
the native cryptocurrency on the Avalanche Network (the “Transaction”). The Transaction was executed in three tranches and
the aggregate gross proceeds received by the Company amount to $15,000,000. The AVAX tokens sold in the Transaction were the longest dated locked AVAX tokens held by the Company, the sale of which reduced the Company’s
weighted average duration of locked AVAX tokens to approximately 16.5 months. The Company expects to use the proceeds to reduce debt and for general corporate
purposes.