AvePoint Sets Price for Singapore Public Offering

Kuala lumpur: AvePoint (Nasdaq: AVPT), a leader in data security, governance, and resilience, has announced the pricing for its underwritten public offering. The Offering includes 13,290,360 shares of its common stock, with a par value of $0.0001, being sold by the selling stockholders listed in the prospectus. These shares are priced at S$19.50 each and are part of AvePoint's plan to list its common stock on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).

According to BERNAMA News Agency, AvePoint's common stock currently trades on Nasdaq under the symbol 'AVPT.' It is anticipated that the stock will commence trading on the SGX-ST at 9:00 a.m. Singapore time on September 19, 2025, under the new symbol 'AVP,' following the settlement of the Offering, which is expected to occur by 8:30 p.m. Eastern time on September 18, 2025. Additionally, KEM Phoenix, LLC has offered the underwriters an option to purchase up to an extra 1,993,550 shares of common stock. This option, exercisable within 30 days from the SGX-ST listing date, is available at the public offering price solely to cover any over-allotments in the Offering, if necessary.