American Virtual Cloud Technologies, Inc. (NASDAQ:AVCT) revamp its position on Wednesday as shares moved up around 8.32% after the firm reported changes to its BOD and management team, along with the release of a review to explore the sale of the entire business or selected assets.
The company disclosed that Kevin Keough has been appointed CEO as part of this change. On a temporary basis, Tom King will transition from his position as chief financial officer to chief of staff, reporting…