Ticker LaunchSPAC · Merger completed
Avalon Acquisition Inc.
Business combination with The Beneficient Company Group, L.P.
Avalon Acquisition Inc. is a blank-check company (SPAC) that raised $180M in its initial public offering on Oct 7, 2021, listing on Nasdaq Global Market. It completed its business combination with The Beneficient Company Group, L.P. on Jun 8, 2023; the combined company is Beneficient (BENF). Maxim Group led the IPO. Venable advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.
- Status
- Merger completed
- IPO date
- Oct 7, 2021
- IPO size
- $180M
- IPO exchange
- Nasdaq Global Market
- Target
- The Beneficient Company Group, L.P.
- Announced
- Sep 21, 2022
- Closed
- Jun 8, 2023
- Combined company
- Beneficient (BENF)
- IPO underwriters
- Maxim Group
- SPAC counsel (IPO)
- Venable
- Underwriters' counsel (IPO)
- Ellenoff Grossman & Schole
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Oct 7, 2021
- Deal announcement (8-K) Sep 21, 2022
- Press release
- All filings on EDGAR CIK 1836478
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