JERSEY CITY, N.J., Sept. 16, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced the pricing of an underwritten public offering (the “Offering”) of 13,290,360 shares of its common stock, par value $0.0001, with such shares of common stock being offered by the selling stockholders named in the prospectus (the “Selling Stockholders”), at a public offering price of S$19.50 per share, in connection with the previously announced plan to list its shares of common stock on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”).
AvePoint’s common stock is listed on Nasdaq under the symbol “AVPT.” AvePoint’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”, following the settlement of the Offering around 8:30 p.m. (Eastern time) on September 18, 2025. In addition, KEM Phoenix, LLC has granted the underwriters an option to purchase up to an additional 1,993,550 shares of common stock, exercisable within a 30-day period from the SGX-ST listing date, at the public offering price, solely to cover over-allotments in the Offering, if any.
The principal purpose of the Offering is to create a market for AvePoint’s common stock on the SGX-ST. AvePoint will not receive any proceeds from the Offering.
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.
A registration statement on Form S-3 (Registration No. 333-290264) (including a base prospectus) has been filed with the SEC and became automatically effective on September 15, 2025. A preliminary prospectus supplement and accompanying prospectus relating to the Offering have been filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. A final prospectus supplement reflecting the final terms of the Offering will be filed with the SEC. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the Offering may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY, 10022, by telephone at 877-821-7388, or by email at Prospectus_Department@Jefferies.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com; Oversea-Chinese Banking Corporation Limited, by telephone at +65 6530 1275; or UBS Securities LLC, Attention: Prospectus Department, 11 Madison Avenue, New York, New York 10010, by telephone at (888) 827-7275, or by email at ol-prospectus-request@ubs.com.
This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of AvePoint, nor shall there be any offer or sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About AvePoint:
Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint’s global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.
