NAVIGATION CAPITAL PARTNERS, INC. reported 2 transactions at AMERICAN VIRTUAL CLOUD TECHNOLOGIES, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 10/4/2021ACC: 0001013762-21-000175
→
10% Owner
Since Jun 2020
+7.62M
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
7.62M acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+2.10M
Price / share
—
Trade value
—
% of position
New position
9/8/2021
0.00→2.10M
Common Stock
Indirect
Shares
+5.51M
Price / share
—
Trade value
—
% of position
262.0%
9/8/2021
2.10M→7.62M
Total
Net shares
+7.62M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 9/8/2021 | C · Conversion | +2.10M | — | — | New position | 0.00 | 2.10M |
| Common Stock Indirect | 9/8/2021 | C · Conversion | +5.51M | — | — | 262.0% | 2.10M | 7.62M |
| Total | +7.62M | $0.00 | ||||||
Derivative Transactions2
Series A Convertible Debentures
Indirect
Converts to
Common Stock
2.10M shares
Shares
−N/A
Strike price
Held after
0.00
Exercisable
—
9/8/2021
Series A-1 Convertible Debentures
Indirect
Converts to
Common Stock
5.51M shares
Shares
−N/A
Strike price
Held after
0.00
Exercisable
—
9/8/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Convertible Debentures Indirect | Common Stock2.10M shares | 9/8/2021 | C · Conversion | −N/A | — | 0.00 | |
| Series A-1 Convertible Debentures Indirect | Common Stock5.51M shares | 9/8/2021 | C · Conversion | −N/A | — | 0.00 |