Beneficient Merger Sub II, LLC

Avalon Acquisition Corp. (Nasdaq: AVAC) completed its initial public offering in 2021 as a blank-check company focused on the financial services sector. The SPAC reached a definitive agreement to merge with Beneficient, a Dallas-based firm that provides liquidity solutions to investors holding interests in illiquid alternative asset funds, and filed a 10-K annual report on February 23, 2023 under the legal entity name Beneficient Merger Sub II, LLC as the proposed transaction moved through the regulatory and shareholder approval process. The business combination represented a de-SPAC pathway for Beneficient into the public markets via the alternative assets financial services niche. Sign up on SpacDesk for full filing histories, deal timelines, and analytics on AVAC and the broader SPAC universe.