FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ELLIS U. BERTRAM JR.
2. Issuer Name and Ticker or Trading Symbol

American Virtual Cloud Technologies, Inc. [ AVCT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

AMERICAN VIRTUAL CLOUD TECHNOLOGIES,INC., 1720 PEACHTREE STREET, SUITE 629
3. Date of Earliest Transaction (MM/DD/YYYY)

1/17/2021
(Street)

ATLANTA, GA 30309
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (1)$0.01 1/17/2021  P   100000     (1)12/1/2025 Common Stock 100000  (1)100000 D  
Series A-1 convertible debentures (1)$3.45 1/17/2021  P   $1000000     (1) (2)Common Stock 289855  (1)$1000000 D  

Explanation of Responses:
(1) The reported securities are included within 1,000 units of securities (the "Units") purchased by the reporting person from the Issuer for $1,000 per Unit. Each Unit consists of (i) $1,000 in principal amount of the Company's Series A-1 convertible debentures (the "Debentures") and (ii) one warrant (each, a "Warrant") to purchase 100 shares of the Company's Common Stock, par value $0.0001 per share, at an exercise price of $0.01 per whole share. The Debentures and Warrants are immediately exercisable, subject to a conversion cap applicable until the Issuer obtains the requisite stockholder approval to issue the full amount of underlying shares.
(2) The expiration date is the date that the principal amount of the Series A-1 convertible debenture (together with all accrued but unpaid interest thereon) is paid in full, subject to mandatory conversion in whole pursuant to the terms thereof. The entire principal sum amount of the Series A-1 convertible debenture, together with accrued and unpaid interest thereon, is due and payable on the earlier to occur of (i) such date, commencing on or after the 30 month anniversary of December 1, 2020, as the holder, at its sole option, upon not less than 30 days' prior written notice to the Issuer, demands payment thereof and (ii) the occurrence of a Change in Control (as defined therein).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ELLIS U. BERTRAM JR.
AMERICAN VIRTUAL CLOUD TECHNOLOGIES,INC.
1720 PEACHTREE STREET, SUITE 629
ATLANTA, GA 30309
X



Signatures
/s/ Alan I. Annex, Attorney-in-Fact1/28/2021
**Signature of Reporting PersonDate

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