AVALON ACQUISITION INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

Item 7.01 Regulation FD Disclosure.

On April 5, 2023, Avalon Acquisition Inc., a Delaware corporation (the "Company"), issued a press release announcing that The Beneficient Company Group, L.P. 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 the Company to extend the period of time it has to consummate its 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.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



Exhibit    Description
No.
99.1         Press Release, dated April 5, 2023.
104        Cover Page Interactive Data File (Embedded within the Inline XBRL
           document and included in Exhibit).

© Edgar Online, source Glimpses