AvePoint (NASDAQ: AVPT) has announced the pricing of an underwritten public offering of 13,290,360 shares of its common stock at a public offering price of $19.50 per share. This offering is in connection with the company's plan to list its shares of common stock on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST).
The company's common stock is expected to begin trading on the SGX-ST at 9:00 a.m. (Singapore time) on September 19, 2025, under the symbol "AVP." Additionally, the underwriters have been granted an option to purchase up to an additional 1,993,550 shares of common stock within a 30-day period from the SGX-ST listing date, solely to cover over-allotments in the offering.
AvePoint will not receive any proceeds from the offering, as its principal purpose is to create a market for its common stock on the SGX-ST. Jefferies LLC, Morgan Stanley & Co. LLC, Oversea-Chinese Banking Corporation Limited, and UBS Securities LLC are acting as joint global coordinators and joint bookrunners for the offering.
AvePoint's registration statement on Form S-3 (registration no. 333-290264) became automatically effective on September 15, 2025. The company has filed a preliminary prospectus supplement and accompanying prospectus with the SEC, and a final prospectus supplement reflecting the final terms of the offering will be filed with the SEC.
AvePoint is the global leader in data security, governance, and resilience, with over 25,000 customers worldwide relying on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. The company's global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with solutions available in more than 100 cloud marketplaces. Following these announcements, the company's shares moved -1.91%, and are now trading at a price of $15.45. Check out the company's full 8-K submission here.
