{"url_path":"/sec/avat/8-k/2026-07-16/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/2092446/0001104659-26-084252-index.html","accession_number":"0001104659-26-084252","cik":"0002092446","ticker":"AVAT","issuer_name":"Avalanche Treasury Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2092446/0001104659-26-084252-index.html","primary_entity_key":"0002092446","primary_entity_name":"Avalanche Treasury Corp"},"word_count":405,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain\nOfficers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn July 12, 2026, the Compensation Committee of\nthe Board of Directors of Avalanche Treasury Corporation (the “**Company**”) granted under the Company’s 2026 Omnibus\nIncentive Plan (the “**Plan**”) stock options to purchase 2,700,000 shares of the Company’s Class A common stock,\npar value $0.01 per share (“**Class A Common Stock**”), to Gerald Bartholomew Smith, the Company’s Chief Executive\nOfficer, and stock options to purchase 1,100,000 shares of Class A Common Stock to Laine Mihalchick Moljo, the Company’s Chief Operating\nOfficer (collectively, the “**Option Awards**”), at an exercise price per share of Class A Common Stock equal to $0.54.\nUpon accepting their respective Option Awards, Mr. Smith and Ms. Mihalchick Moljo each forfeited and waived all rights and entitlements\nto receive any performance-vesting restricted stock units under the terms of their respective employment offer letters.\n\n \n\nThe Option Awards vest in equal installments on\nJanuary 12, 2027, 2028, 2029, subject to continued employment with the Company or its subsidiaries through the applicable vesting date.\nIf Mr. Smith’s or Ms. Mihalchick Moljo’s employment with the Company or its subsidiaries terminates for any reason other than\na termination of employment for Cause or resignation by Mr. Smith or Ms. Mihalchick Moljo for Good Reason (as each such term is defined\nin their respective employment offer letters) during the period beginning 60 days prior to and ending one year following a Change in Control\n(as defined in the Plan), any unvested portion of the Option Awards will vest in full on the date of such termination of employment. The\nOption Awards will expire on the tenth anniversary of the grant date.\n\n \n\nThe foregoing description of the Option Awards does not purport to\nbe complete and is subject to, and qualified in its entirety by reference to the full text of the form of stock option agreement pursuant\nto which the Option Awards were granted, a copy of which will be filed as an exhibit to the Company’s quarterly report on Form 10-Q\nfor the period ending September 30, 2026.\n\n**** \n\n \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant to the requirements of the Securities Exchange Act of 1934,\nthe registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.\n\n \n\nDated: July 16, 2026\n\n \n\n \n**AVALANCHE\nTREASURY CORPORATION**\n\n \n \n \n\n \nBy:\n/s/\nGerald Bartholomew Smith\n\n \nName:\nGerald\nBartholomew Smith\n\n \nTitle:\nChief\nExecutive Officer"}