October 3, 2022

The Beneficient Company Group, a Leading Technology-Enabled Provider of Liquidity and Related Services to Investors in Alternative Assets, to Go Public via Combination with Avalon Acquisition Inc.

PRESS RELEASE
DALLAS and SAN FRANCISCO, Oct. 03, 2022 — The Beneficient Company Group, L.P. and Avalon Acquisition Inc. today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon.

The Beneficient Company and Avalon Acquisition Inc. Announce the Satisfaction of a Closing Condition Relating to Their Business Combination Agreement

PRESS RELEASE
DALLAS and SAN FRANCISCO, Oct. 03, 2022 — The Beneficient Company Group, L.P. and Avalon Acquisition Inc. today announced that Beneficient has delivered to Avalon its audited financials for calendar years 2020 and 2021, along with the transition period ended March 31, 2022, to Avalon.