Avalon Acquisition, Inc. (AVAC)
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Avalon Acquisition, a blank check company targeting a business in the financial services sector, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
Avalon Acquisition, Inc. has filed to go public with an IPO on the NASDAQ.
Avalon Acquisition is a newly incorporated blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While we may pursue an initial business combination target in any industry or geographic location, we intend to focus our search on financial services sectors that are undergoing radical change as a result of demographic shifts, changing consumer preferences, technological disruption and other innovative ... [Read more...]
Blank Checks / SPAC
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S. Craig Cognetti
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