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April 2021

mhemani@graphicstylus.net April 7, 2021

AVC Technologies Announces Receipt of Unsolicited Non-Binding Acquisition Proposal and Exploration of Strategic Alternatives

ATLANTA, April 7, 2021 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) (“AVC Technologies” or the “Company”) today announced that it has received an unsolicited non-binding proposal, subject to certain conditions, to acquire all of the issued and outstanding shares of common stock of the Company (on an as-converted and as-exercised basis) for a price of approximately $9.00 per share.

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mhemani@graphicstylus.net April 6, 2021

AVCtechnologies Hires Chief Growth Officer to Accelerate Business Opportunities

April 5, 2021 Atlanta, GA. – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT), a leading cloud communications and IT service provider, today announced the appointment of Dr. Louis J. Hutchinson, III as its new Chief Growth Officer. In this new role, Hutchinson will be responsible for leading the Global Sales, Marketing and Corporate Communications strategy for the company.

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