American Virtual Cloud Technologies, Inc., trading on Nasdaq under the ticker WRLS, filed its annual 10-K report with the SEC on June 14, 2019. The company originated as Pensare Acquisition Corp, a blank-check special purpose acquisition company sponsored by Pensare Group that completed its initial public offering in 2018 with a focus on the cloud communications and managed services sector. The 10-K filing reflects the company's status during its transition from a SPAC structure toward a combined operating entity targeting enterprise technology and telecommunications clients. American Virtual Cloud Technologies operated in the cloud-based IT and managed services industry, seeking to deliver integrated communications solutions to mid-market and enterprise customers. Sign up on SpacDesk for full filing history, deal timelines, and analytics on WRLS and every other SPAC in our coverage universe.