Avalon Acquisition Corp. (Nasdaq: AVAC) is a special purpose acquisition company that completed its initial public offering in 2021, targeting the financial services sector. Sponsored by Avalon Acquisition Holdings LLC, the blank check company announced a definitive business combination with Beneficient, a Texas-based financial services firm that provides liquidity solutions to holders of illiquid alternative assets including private equity fund interests. Beneficient Merger Sub II, LLC was established as part of the transaction structure for that combination. The 10-Q filed July 29, 2022 reflects AVAC's status during the pendency of the proposed merger. For complete filing history, deal timelines, and ownership data on AVAC, sign up for full access at SpacDesk.