Key facts
- This page summarizes NAVIGATION CAPITAL PARTNERS II, L.P.'s Form 4 filing for American Virtual Cloud Technologies, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Sep 2021, 21:57.
NAVIGATION CAPITAL PARTNERS II, L.P. - 10 Sep 2021 Form 4 Insider Report for American Virtual Cloud Technologies, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 10 Sep 2021
- Net transaction value
- -$20.39
- SEC form
- 4
- Accepted by SEC
- 14 Sep 2021, 21:57:03 UTC
- Next SEC filing
- 17 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- Navigation Capital Partners SOF I, LLC: By: /s/ Lawrence E. Mock, Manager
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
NAVIGATION CAPITAL PARTNERS II, L.P. filed Form 4 for American Virtual Cloud Technologies, Inc. on 14 Sep 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$20.39.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AVCT
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $24,296
- Shares
- +2,429,561
- Change %
- +32%
- Price
- $0.0100*
- Shares after
- 10,045,803
- Date
- 10 Sep 2021
- Ownership
- Direct
AVCT
transaction
Common Stock
Sale
- Transaction value
- $24,316
- Shares
- -6,079
- Change %
- -0.06%
- Price
- $4.00*
- Shares after
- 10,039,724
- Date
- 10 Sep 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AVCT
transaction
Derivative
Warrants
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -2,429,561
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 10 Sep 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,429,561
- Exercise price
- $0.0100
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 1 footnote
Footnote F1
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.