AvePoint announced the pricing of an underwritten public offering of 13,290,360 shares of its common stock.
The public offering price is set at $19.50 per share.
AvePoint's common stock will start trading on the SGX-ST on September 19, 2025, under the symbol "AVP".
Offering Details
13,290,360 shares priced at $19.50 per share with an option to purchase additional shares.
Listing on SGX-ST
AvePoint to list its common stock on the Main Board of the Singapore Exchange Securities Trading Limited.
Underwriters
Jefferies LLC, Morgan Stanley & Co. LLC, Oversea-Chinese Banking Corporation Limited, and UBS Securities LLC are joint coordinators and bookrunners.
Purpose of Offering
Creating a market for AvePoint's common stock on the SGX-ST without AvePoint receiving proceeds.
- AvePoint aims to establish a market presence on the SGX-ST through the Offering.
- The underwriters play a crucial role in facilitating the public offering and market listing of AvePoint's common stock.
The public offering marks a significant step for AvePoint towards listing its common stock on the SGX-ST, enhancing its market presence and accessibility for investors.