Avalon Acquisition Inc. Announces Date of Special Meeting for Proposed Business Combination with Beneficient

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.

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