Filing Details

Accession Number:
0001213900-21-048078
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-14 20:02:45
Reporting Period:
2021-09-10
Accepted Time:
2021-09-14 20:02:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1704760 American Virtual Cloud Technologies Inc. AVCT Services-Computer Integrated Systems Design (7373) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1713062 Pensare Sponsor Group, Llc C/O American Virtual Cloud Technologies,
Inc.1720 Peachtree Street, Suite 629
Atlanta GA 30309
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-09-10 226,000 $0.01 6,799,133 No 4 X Direct
Common Stock Disposition 2021-09-10 564 $4.00 6,798,569 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants Disposition 2021-09-10 226,000 $0.00 226,000 $0.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-04-07 2025-04-07 No 4 X Direct
Footnotes
  1. On September 10, 2021, the reporting person exercised warrants to purchase 226,000 shares of the issuer's common stock for $0.01 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 564 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 225,436 shares.