0001213900-21-048122.txt : 20210914 0001213900-21-048122.hdr.sgml : 20210914 20210914215703 ACCESSION NUMBER: 0001213900-21-048122 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210910 FILED AS OF DATE: 20210914 DATE AS OF CHANGE: 20210914 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NAVIGATION CAPITAL PARTNERS II, L.P. CENTRAL INDEX KEY: 0001809679 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38167 FILM NUMBER: 211254092 BUSINESS ADDRESS: STREET 1: 2870 PEACHTREE RD. NW, UNIT 509 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 404.264.9180 MAIL ADDRESS: STREET 1: 2870 PEACHTREE RD. NW, UNIT 509 CITY: ATLANTA STATE: GA ZIP: 30305 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 ownership.xml X0306 4 2021-09-10 0 0001704760 American Virtual Cloud Technologies, Inc. AVCT 0001809679 NAVIGATION CAPITAL PARTNERS II, L.P. 2870 PEACHTREE RD. NW, UNIT 509 ATLANTA GA 30305 0 0 1 0 Common Stock 2021-09-10 4 X 0 2429561 0.01 A 10045803 D Common Stock 2021-09-10 4 S 0 6079 4.00 D 10039724 D Warrants 0.01 2021-09-10 4 X 0 2429561 0 D Common Stock 2429561 0 D On September 10, 2021, the Reporting Person elected to exercise each of its 24,295 warrants (each such warrant entitling the holder thereof to purchase 100 shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a price of $0.01 per share), and paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 6,079 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 2,423,482 shares of Common Stock. Each of the warrants were immediately exercisable and had expiration dates five years from the date of issuance (December 1, 2025, for 10,000 warrants and 79,900 warrants issued on December 1, 2020 and April 7, 2025, for 6,305 warrants issued on April 7, 2020. 6,305 of the warrants were previously held by SPAC Opportunity Partners, LLC prior to being transferred to the Reporting Person, and no Form 4 was filed for such transfer due to administrative error. Navigation Capital Partners SOF I, LLC: By: /s/ Lawrence E. Mock, Manager 2021-09-14