On September 26, 2022, American Virtual Cloud Technologies, Inc. (the "Company") and the holders (collectively, the "Holders") of the Company's senior secured convertible notes issued in April 2022 (the "Convertible Notes"), Series A Warrants issued in November 2021 (the "Series A Warrants"), Series D Warrants issued in December 2021 (the "Series D Warrants") and Warrants issued pursuant to a Securities Purchase Agreement dated as of February 28, 2022 (the "February Warrants" and, collectively with the Series A Warrants and Series D Warrants, the "Existing Warrants"), entered into a Settlement Agreement (the "Settlement Agreement"). Pursuant to the Settlement Agreement, the parties thereto agreed, among other things, to...
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