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AvePoint Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants

AvePoint, Inc. - Class A (AVPT) 
Company Research Source: GlobeNewswire
JERSEY CITY, N.J., Sept. 26, 2024 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, AVPTW), the global leader in robust data management and data governance, today announced the expiration of its offer to purchase (the “Offer”) all of its outstanding Warrants (as defined below) at a purchase price of $2.50 per Warrant in cash, without interest. AvePoint’s offer to purchase 17,576,241 publicly traded warrants which were publicly issued and sold as part of the units in the initial public offering of Apex Technology Acquisition Corporation (“Apex”) consummated on September 19, 2019, and which entitle such warrant holders to purchase one share of AvePoint’s common stock, par value $0.0001 per share, at an exercise price of $11.50, subject to certain adjustments (the “Warrants”), expired at 12:00 midnight, Eastern Time, at the end of the day on September 24, 2024 (the “Expiration Date”). AvePoint has been advised that, as of the Expiration Date, 1,596,314 Warrants had been validly tendered an Show less Read more
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