American Ventures Acquisition Corp. I
A shell company with no business of its own, American Ventures Acquisition Corp. I is a special purpose acquisition company, or SPAC—a vehicle created to raise money from investors and then merge with an existing private business to take it public. It was incorporated as a Florida corporation in late 2025 and is based in Jupiter, Florida. In an unusual twist, it priced its IPO shares at five dollars each, half the ten-dollar norm for most SPACs.
Class A Common Stock — Merged with Beneficient on June 7, 2023; became BENF