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