Avengers: The Initiative #12

The first year of the Initiative comes to a close as members are laid to rest, drummed out, declared AWOL, or awarded their full Hero's License. See who graduates and find out what super-teams they'll be assigned to as the next era of the Initiative begins!

Characters: 3-D Man (Garrett), Arthur Woodman, Baron Von Blitzschlag, Carol Danvers, Cloud 9 (Marvel), Constrictor (Frank Payne), Criti Noll, Crusader (Skrull), Debrii, Diamondback (Leighton), Equinox, Eric O'Grady, Gargoyle, Gauntlet (Initiative), Geiger (Initiative), Geldoff, Hank Pym, Hardball, Henry Gyrich, Iron Man, Komodo, MVP, Melee, Nighthawk, Patrick Van Patrick, Patsy Walker, Physique, Rage, Red 9, Sally Floyd, Sentry, Slapstick, Spinner, Taskmaster, Think Tank, Thor Girl, Trauma (Initiative), Ultragirl, Valerie Cooper, Vance Astrovik, War Machine, Wasp, Wonder Man