4//SEC Filing
Navigation Capital Partners SOF I, LLC 4
Accession 0001213900-21-047444
CIK 0001704760other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 5:23 PM ET
Size
11.4 KB
Accession
0001213900-21-047444
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2021-09-08+2,104,097→ 2,104,097 total - Conversion
Series A Convertible Debentures
2021-09-08→ 0 total→ Common Stock (2,104,097 underlying) - Conversion
Common Stock
2021-09-08+5,512,145→ 7,616,242 total - Conversion
Series A-1 Convertible Debentures
2021-09-08→ 0 total→ Common Stock (5,512,145 underlying)
Footnotes (1)
- [F1]On September 8, 2020, the unpaid principal amount (together with all accrued but unpaid interest thereon) of the Series A Convertible Debentures and Series A-1 Convertible Debentures (the "Debentures") automatically converted into shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a conversion price of $3.45 (the "Mandatory Conversions"). The Mandatory Conversions were triggered by the closing price of the Common Stock on the Nasdaq Capital Market exceeding $6.00 for 40 trading days within a consecutive 60 trading day-period.
Documents
Issuer
American Virtual Cloud Technologies, Inc.
CIK 0001704760
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001842314
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 5:23 PM ET
- Size
- 11.4 KB