Avalon Acquisition Inc. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in financial services sectors. The company was incorporated in 2020 and is based in San Francisco, California.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.avalonspac.com
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SAN FRANCISCO, June 07, 2023 (GLOBE NEWSWIRE) -- Avalon Acquisition Inc. (NASDAQ:AVAC), a publicly traded special purpose acquisition company, announced that at a stockholder special meeting held on June 6, 2023, Avalon's stockholders voted to approve its proposed business combination with The Beneficient Company Group, L.P. ("Beneficient" or the "Company"), a technology-enabled platform providing liquidity, data, custody and trust services to holders of alternative assets. At the special meeting, Avalon common stockholders voted to approve the business combination. Pursuant to the business combination agreement, each share of Avalon Class A common stock, par value $0.0001 (the "Avalon C
SAN FRANCISCO, May 16, 2023 (GLOBE NEWSWIRE) -- Avalon Acquisition Inc. (NASDAQ:AVAC) ("Avalon" or the "Company"), a special purpose acquisition company, announced today that it has set June 6, 2023 as the meeting date for the special meeting of stockholders (the "Special Meeting") to approve the previously announced business combination (the "Business Combination") with The Beneficient Company Group, L.P. ("Beneficient" or "BCG") and related proposals. At the Special Meeting, Avalon's stockholders will be asked to approve the Business Combination and other such proposals as disclosed in the definitive proxy statement/prospectus (the "Proxy Statement") relating to the Business Combination
SAN FRANCISCO, April 05, 2023 (GLOBE NEWSWIRE) -- Avalon Acquisition Inc. (the "Company," "we" or "our"), a special purpose acquisition company, announced today that The Beneficient Company Group, L.P. ("BCG") deposited an aggregate of $2,070,000 into the Company's trust account for the Company's public stockholders, representing $0.10 per public share, which enables us to extend the period of time we have to consummate our initial business combination by three months from April 8, 2023 to July 8, 2023 (the "Second Extension"). The Second Extension is the second of up to two three-month extensions permitted under the Company's governing documents. We also received notice from our sponsor t
SAN FRANCISCO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Avalon Acquisition Inc. (the "Company," "we" or "our"), a special purpose acquisition company, announced today that The Beneficient Company Group, L.P. ("BCG") deposited an aggregate of $2,070,000 into the Company's trust account for the Company's public stockholders, representing $0.10 per public share, which enables us to extend the period of time we have to consummate our initial business combination by three months from January 8, 2023 to April 8, 2023 (the "Extension"). The Extension is the first of up to two three-month extensions permitted under the Company's governing documents. We also received notice from our sponsor that our spons
DALLAS and SAN FRANCISCO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The Beneficient Company Group, L.P. ("Beneficient" or the "Company"), a technology-enabled platform providing liquidity, data, custody and trust services to holders of alternative assets, and Avalon Acquisition Inc. (NASDAQ:AVAC), a publicly traded special purpose acquisition company, today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon. The audited financials for the period ended March 31, 2022, which reflect the seventh fiscal period of audited financials for Beneficient, reflect the Company's change in i
Digitally-Native Pioneer has Developed a Simple, Secure and Rapid Process for Providing Investors – Including Mid-to High Net Worth Investors and Small-to Medium Sized Institutions – in the $11.9 Trillion Alternatives Market Access to Affordable Liquidity, Custody and Trust Services Beneficient has been Growing Responsibly and Improving Outcomes for Investors: The combination implies an enterprise valuation of $3.5 billion for Beneficient, and validates its industry re-defining business plan and growth since inception. Upon closing, the combined entity would have access to the capital markets to offer more liquidity options and better serve investors in a historically costly and opaque ma
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3 - Avalon Acquisition Inc. (0001836478) (Issuer)
15-12G - Beneficient Merger Sub II, LLC (0001836478) (Filer)
8-K - Avalon Acquisition Inc. (0001836478) (Filer)
8-K - Avalon Acquisition Inc. (0001836478) (Filer)
425 - Avalon Acquisition Inc. (0001836478) (Subject)
425 - Avalon Acquisition Inc. (0001836478) (Subject)
8-K - Avalon Acquisition Inc. (0001836478) (Filer)
425 - Avalon Acquisition Inc. (0001836478) (Subject)
10-Q - Avalon Acquisition Inc. (0001836478) (Filer)
DEFM14A - Avalon Acquisition Inc. (0001836478) (Filer)
8-K - Avalon Acquisition Inc. (0001836478) (Filer)
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SC 13G/A - Beneficient Merger Sub II, LLC (0001836478) (Subject)
SC 13G - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G/A - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G/A - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G/A - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G/A - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G/A - Avalon Acquisition Inc. (0001836478) (Subject)
SC 13G - Avalon Acquisition Inc. (0001836478) (Subject)