AVALON ACQUISITION HOLDINGS LLC 3
3 · Avalon Acquisition Inc. · Filed Oct 14, 2021
Insider Transaction Report
Form 3
AVALON ACQUISITION HOLDINGS LLC
10% Owner
Holdings
Class B common stock
→ Class A common stock (5,025,000 underlying)
Footnotes (2)
- [F1]As described in the Issuer's registration statement on Form S-1 (File No. 333- 253654) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock, par value $0.0001 per share of Avalon Acquisition Inc. (the "Issuer") will automatically convert into shares of Class A common stock, par value $0.0001 per share of the Issuer, at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustment, and have no expiration date.
- [F2]Includes up to 675,000 shares of Class B common stock that are subject to forfeiture depending on the extent to which the underwriter's over-allotment option is exercised.