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Press Releases

Category September 16, 2020

AVCT Announces Xavier Williams as New CEO

Veteran AT&T Executive selected to lead strategic growth plan Darrell J. Mays to become Executive Vice-Chairman Atlanta, GA – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT), a leading cloud communications and IT services provider, is pleased to announce the appointment of Xavier Williams as its new Chief Executive Officer and member of its board of directors, effective October 1, 2020.

Read More August 5, 2020

AVCtechnologies Announces Agreement to Buy Ribbon’s Kandy Communications Business

August 5, 2020 Atlanta, GA and Westford, MA – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) and Ribbon Communications Inc. (NASDAQ:RBBN) today announced they have entered into a definitive agreement for AVCtechnologies to acquire Kandy Communications, an industry-leading proprietary, multi-tenant, highly scalable cloud communications platform, from Ribbon, in an all-stock transaction.

Read More July 7, 2020

AVC Technologies Appoints Kent Mathy to the Board of Directors

ATLANTA, July 07, 2020 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) (“AVC Technologies”) today announced the addition of Kent Mathy to its board of directors, effective July 7, 2020, bringing the total number of directors to nine.

Read More May 14, 2020

AVCT Fuels Next Stage of Growth With Executive Hire & Computex Realignment

ATLANTA, GA, May 14, 2020 – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) (“AVCT”) announces the addition of Dominick Passanante as Chief Revenue Officer to its executive team. Mr. Passanante joins AVCT from Panasonic Corporation where he was a Vice President of Sales and Channel Operations. He previously served in a variety of sales leadership positions at Motorola Solutions. He will be responsible for driving AVCT’s revenue growth across all lines of business.

Read More April 7, 2020

Pensare Completes Business Combination with Computex to Form American Virtual Cloud Technologies

ATLANTA, GA, April 7, 2020 – Pensare Acquisition Corp. (NASDAQ: WRLS) (“Pensare”), a publicly-traded special purpose acquisition company, is pleased to announce that it has completed its previously announced business combination with Stratos Management Systems, Inc. and its operating companies, which do business as Computex Technology Solutions (“Computex”), a leading IT Solutions and Managed Services Provider (MSP) with a 30-year legacy of success.

Read More April 3, 2020

Pensare Acquisition Corp. Announces Intent to Close Initial Business Combination with Stratos Management Systems, Inc. on or about April 6, 2020

ATLANTA, April 03, 2020 (GLOBE NEWSWIRE) -- Pensare Acquisition Corp. (Nasdaq: WRLS, WRLSU, WRLSW, WRLSR) (the “Company”) today announced that it intends to close the previously announced business combination (the “Business Combination”) with Stratos Management Systems, Inc. (“Computex”) on or about Monday, April 6, 2020, as contemplated by the Business Combination Agreement, dated as of July 25, 2019, as amended, by and among the Company, Computex, Tango Merger Sub Corp. and Stratos Management Systems Holdings, LLC. The Business Combination was approved by the Company’s stockholders at the special meeting of stockholders held on February 27, 2020.

Read More July 30, 2019

Pensare Acquisition Corp. Announces Intent to Convene and Adjourn its Special Meeting of Stockholders to July 31, 2019

ATLANTA, July 30, 2019 (GLOBE NEWSWIRE) -- Pensare Acquisition Corp. (Nasdaq: WRLS, WRLSU, WRLSW, WRLSR) (the “Company”) today announced that it intends to convene and then adjourn, without conducting any business, its special meeting of stockholders scheduled to occur at 11:00 a.m., Eastern time, on July 30, 2019, and reconvene at 11:00 a.m., Eastern time, on July 31, 2019, to vote on the proposals described in the proxy statement filed with the Securities and Exchange Commission (“SEC”) on July 5, 2019. At the special meeting, stockholders of the Company will be asked to vote on a proposal to amend the Company’s amended and restated certificate of incorporation to extend the date by which the Company has to consummate a business combination (the “Extension”) for an additional four months, from August 1, 2019 to December 1, 2019 (the “Charter Amendment”), and, if necessary, a proposal to direct the chairman of the special meeting to adjourn the special meeting to a later date or dates to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the special meeting, there are not sufficient votes to approve the foregoing proposal (the “Adjournment Proposal”).

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