0001062993-22-019830.txt : 20220921 0001062993-22-019830.hdr.sgml : 20220921 20220921172135 ACCESSION NUMBER: 0001062993-22-019830 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220829 FILED AS OF DATE: 20220921 DATE AS OF CHANGE: 20220921 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ribbon Communications Inc. CENTRAL INDEX KEY: 0001708055 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38167 FILM NUMBER: 221257409 BUSINESS ADDRESS: STREET 1: 6500 CHASE OAKS BOULEVARD CITY: PLANO STATE: TX ZIP: 75023 BUSINESS PHONE: 877-412-8867 MAIL ADDRESS: STREET 1: 6500 CHASE OAKS BOULEVARD CITY: PLANO STATE: TX ZIP: 75023 FORMER NAME: FORMER CONFORMED NAME: Sonus Networks, Inc. DATE OF NAME CHANGE: 20171027 FORMER NAME: FORMER CONFORMED NAME: Solstice Sapphire Investments, Inc. DATE OF NAME CHANGE: 20170531 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: American Virtual Cloud Technologies, Inc. CENTRAL INDEX KEY: 0001704760 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1720 PEACHTREE STREET STREET 2: SUITE 629 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-234-3098 MAIL ADDRESS: STREET 1: 1720 PEACHTREE STREET STREET 2: SUITE 629 CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: PENSARE ACQUISITION Corp DATE OF NAME CHANGE: 20170425 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2022-08-29 1 0001704760 American Virtual Cloud Technologies, Inc. AVCT 0001708055 Ribbon Communications Inc. 6500 CHASE OAKS BLVD., SUITE 100 PLANO TX 75023 0 0 1 0 Common Stock 2022-08-29 4 J 0 13700421 D 0 D Warrants 0.01 2022-08-29 4 J 0 43778 D 2025-12-01 Common Stock 4377800 0 D On August 29, 2022, the Issuer and its subsidiary, AVCtechnologies USA, Inc., entered into a Settlement Agreement with the Reporting Person, Ribbon Communications Canada, ULC and Ribbon Communications Operating Company, Inc. (the "Settlement Agreement"). In consideration of the resolution of the disputes between the parties encompassed within the Settlement Agreement, among other things, pursuant to a Stock Redemption Agreement, the 13,700,421 shares of Common Stock issued to the Reporting Person were redeemed by the Issuer for no further consideration and were canceled. In consideration of the resolution of the disputes between the parties encompassed within the Settlement Agreement, among other things, pursuant to a Warrant Termination Agreement, the Warrants were terminated and canceled. The Warrants were exercisable at any time through the fifth anniversary of the date of issuance, which was December 1, 2020. /s/ Patrick Macken 2022-09-21