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Avalanche Treasury's AVAT crashes 73% since NASDAQ debut, company warns it may not survive
Avalanche Treasury (AVAT) stock has crashed 73% since its June NASDAQ debut, with SEC filings warning the AVAX-focused firm may not survive the year.
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thedefiant.io
Avalanche Treasury Corp Stock Crashes 93%, Warns SEC It May Not Survive the Year - "The Defiant"
Avalanche Treasury Corp (AVAT) disclosed a going-concern warning in a 10-Q filing after its stock crashed 93% in a month. Its $265M AVAX position was worth about $123M by the end…
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theblock.co
Avalanche Treasury stock plunges 73% since debut as company's AVAX holdings lose value
At the end of the first quarter, the company's management raised 'substantial doubt' about its ability to continue operations.
