☁️New Chapter 11 Bankruptcy Filing - American Virtual Cloud Technologies Inc. ($AVCT)☁️

It’s #BustedSPAC time!

On January 11, 2023, GA-based American Virtual Cloud Technologies Inc. ($AVCT) and two affiliates (together, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Walrath). The debtors are in the cloud-based business communications services space, assisting customers who want to transfer their tech, i…