Avalanche Treasury Corp: regains Nasdaq minimum bid price compliance

What happened

• The filing reports that on Oct 7, 2026 the Nasdaq Staff determined that the Company has regained compliance with the minimum $1.00 per share bid price requirement and that the matter is now closed.
• The filing says that on Aug 6, 2026 the Company received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC stating that, for the last 33 consecutive business days, the closing bid price for the Company’s Class A Common Stock had been below the $1.00 per share minimum required by Nasdaq Listing Rule 5550(a)(2).
• The filing says that on Oct 7, 2026 the Nasdaq Staff stated that for the 13 consecutive business days from Sep 18, 2026 to Oct 6, 2026 the closing bid price of the Company’s Class A Common Stock had been at $1.00 per share or greater.

Key details

• Rule cited: Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").
• Initial notice date: Aug 6, 2026, for 33 consecutive business days below $1.00 per share.
• Compliance period: Sep 18, 2026 to Oct 6, 2026, 13 consecutive business days at $1.00 per share or greater.
• Outcome date: Oct 7, 2026, Nasdaq Staff determined compliance regained and closed the matter.

Why it may matter

• Item reported: Item 8.01 (Other events), covering the Nasdaq Listing Qualifications determination about the Company’s compliance with the Minimum Bid Price Requirement.
• The filing describes Nasdaq’s notices and the Nasdaq Staff’s determination that the Company regained compliance with the $1.00 minimum bid price requirement. The filing does not show why the insider traded or why the company acted.