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Avalanche Treasury Corp Stock Crashes 93%, Warns SEC It May Not Survive the Year

By thedefiant.io · · 1 min read
Avalanche Treasury Corp Stock Crashes 93%, Warns SEC It May Not Survive the Year

Avalanche Treasury Corp told the SEC its ability to continue as a going concern is in doubt after its Nasdaq-listed stock lost 93% of its value in a month, with its AVAX position now worth less than half of what it paid.

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