AvePoint Submits Application for Dual Listing on the Singapore Exchange
AvePoint (AVPT), a data security, governance, and resilience company, has submitted an application for a dual listing of its common stock on the Singapore Exchange Securities Trading (SGX-ST), in addition to its current Nasdaq Global Select Market listing.
The company established its presence in Singapore in 2009, which now serves as its Asia headquarters and International R&D Hub. CEO and Co-Founder Dr. Tianyi Jiang states this potential dual listing aligns with their strategy to expand in the APAC region, where they have built strong relationships with governmental organizations and corporations.
The company emphasizes that no final decision has been made regarding the timing, terms, or conditions of the SGX-ST listing, and they may choose not to proceed with it.
AvePoint (AVPT), un'azienda specializzata in sicurezza dei dati, governance e resilienza, ha presentato una domanda per una quotazione doppia delle sue azioni ordinarie sulla Singapore Exchange Securities Trading (SGX-ST), oltre alla sua attuale quotazione nel Nasdaq Global Select Market.
L'azienda ha stabilito la sua presenza a Singapore nel 2009, che oggi funge da sede centrale per l'Asia e centro internazionale di ricerca e sviluppo. Il CEO e Co-Fondatore, Dr. Tianyi Jiang, afferma che questa potenziale quotazione doppia è in linea con la loro strategia di espansione nella regione APAC, dove hanno costruito solide relazioni con organizzazioni governative e aziende.
L'azienda sottolinea che non è stata presa alcuna decisione finale riguardo i tempi, i termini o le condizioni della quotazione SGX-ST, e potrebbe scegliere di non procedere con essa.
AvePoint (AVPT), una compañía de seguridad de datos, gobernanza y resiliencia, ha presentado una solicitud para una doble cotización de sus acciones ordinarias en la Singapore Exchange Securities Trading (SGX-ST), además de su actual cotización en el Nasdaq Global Select Market.
La compañía estableció su presencia en Singapur en 2009, que ahora sirve como su sede para Asia y centro internacional de I+D. El CEO y cofundador Dr. Tianyi Jiang afirma que esta posible doble cotización se alinea con su estrategia de expansión en la región APAC, donde han construido relaciones sólidas con organizaciones gubernamentales y corporaciones.
La compañía enfatiza que no se ha tomado una decisión final sobre el momento, los términos o las condiciones de la cotización en SGX-ST, y pueden optar por no proceder con ella.
에이브포인트 (AVPT), 데이터 보안, 거버넌스 및 회복력 회사는 현재 나스닥 글로벌 선택 시장 상장 외에 싱가포르 거래소 증권 거래소 (SGX-ST)에 자사의 보통주 이중 상장신청을 제출했습니다.
이 회사는 2009년 싱가포르에 사무소를 두었으며, 현재 아시아 본부이자 국제 R&D 허브로 기능하고 있습니다. CEO이자 공동 창립자인 Dr. Tianyi Jiang은 이 잠재적 이중 상장이 그들이 APAC 지역에서의 확장 전략과 일치한다고 밝혔으며, 해당 지역에서 정부 기관 및 기업들과 강력한 관계를 구축해왔습니다.
회사는 SGX-ST 상장에 대한 시기, 조건 또는 조건에 대한 최종 결정이 내려지지 않았으며, 이에 따라 진행하지 않을 수도 있음을 강조합니다.
AvePoint (AVPT), une entreprise spécialisée dans la sécurité des données, la gouvernance et la résilience, a soumis une demande de double cotation de ses actions ordinaires sur la Singapore Exchange Securities Trading (SGX-ST), en plus de sa cotation actuelle sur le Nasdaq Global Select Market.
L'entreprise a établi sa présence à Singapour en 2009, qui sert désormais de siège pour l'Asie et de centre international de R&D. Le PDG et co-fondateur, Dr. Tianyi Jiang, déclare que cette potentielle double cotation s'aligne sur leur stratégie d'expansion dans la région APAC, où ils ont construit des relations solides avec des organisations gouvernementales et des entreprises.
L'entreprise souligne qu'aucune décision finale n'a été prise concernant le calendrier, les termes ou les conditions de la cotation SGX-ST, et qu'elle peut choisir de ne pas donner suite à cela.
AvePoint (AVPT), ein Unternehmen für Datensicherheit, Governance und Resilienz, hat einen Antrag auf eine duale Notierung seiner Stammaktien an der Singapore Exchange Securities Trading (SGX-ST) gestellt, zusätzlich zu seiner aktuellen Notierung im Nasdaq Global Select Market.
Das Unternehmen hat 2009 seine Präsenz in Singapur etabliert, welches nun als Hauptsitz für Asien und internationales F&E-Zentrum dient. CEO und Mitgründer Dr. Tianyi Jiang erklärt, dass diese potenzielle doppelte Notierung mit ihrer Strategie zur Expansion in der APAC-Region übereinstimmt, wo sie starke Beziehungen zu Regierungsorganisationen und Unternehmen aufgebaut haben.
Das Unternehmen betont, dass noch keine endgültige Entscheidung über den Zeitpunkt, die Bedingungen oder Konditionen der SGX-ST-Notierung getroffen wurde und sie möglicherweise entscheiden könnten, nicht fortzufahren.
- Potential expansion of investor base through dual listing
- Strong established presence in APAC region since 2009
- Strategic positioning with Singapore as Asia headquarters and R&D hub
- Uncertainty about final listing decision and terms
- Additional regulatory compliance costs from dual listing
Insights
The potential dual listing of AvePoint on the Singapore Exchange marks a significant strategic development that could substantially enhance the company's market position and capital access. This move is particularly noteworthy as it would make AvePoint one of the few US-listed B2B SaaS companies to achieve dual listing status in Singapore, potentially creating a unique value proposition for APAC investors.
The strategic rationale is compelling: Singapore's position as Asia's leading financial hub, combined with AvePoint's established presence in the region since 2009, creates natural synergies. The dual listing could unlock several key benefits:
- Enhanced trading liquidity across different time zones
- Access to a broader investor base, particularly APAC-focused institutional investors
- Increased brand visibility and credibility in the APAC region
- Potential inclusion in local market indices
The timing of this application aligns with growing investor interest in enterprise software solutions in APAC, where digital transformation initiatives are accelerating. AvePoint's focus on data security, governance and resilience resonates strongly with regional priorities, particularly given Singapore's stringent data protection regulations and growing emphasis on cybersecurity.
However, investors should note that the application is still pending approval and the company has maintained flexibility regarding the timing and terms of the potential listing. This prudent approach allows AvePoint to optimize market conditions and regulatory requirements while maintaining its strategic expansion plans.
SINGAPORE, Jan. 24, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in data security, governance, and resilience, has submitted an application to list its shares of common stock, par value
“Our application to list AvePoint’s common stock on the Singapore Exchange – which would be in addition to our current and continuing listing on Nasdaq – aligns with our ongoing strategy to broaden our presence in the APAC region, where we have a long and successful track record,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “We established a presence in Singapore in 2009, and since then have fostered strong relationships with governmental organizations and corporations in the region; today, Singapore serves as our Asia headquarters and International R&D Hub. Finally, we believe that our consistent execution and strong financial performance, both globally and particularly in APAC, will make us attractive to APAC-focused investors seeking in-region high quality B2B SaaS opportunities.”
No final decision or commitment has been made as to the timing, terms or conditions of any such listing on the SGX-ST, and the Company may decide to not proceed with an SGX-ST listing of its Shares.
This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, 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:
Securing the Future. AvePoint is a global leader in data security, governance, and resilience, and over 21,000 customers worldwide rely on our solutions to modernize the digital workplace across Microsoft, Google, Salesforce and other collaboration environments. AvePoint’s global channel partner program includes over 3,500 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.
Forward-Looking Statements:
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms “AvePoint”, “the Company”, “we”, “our” and “us” refer to AvePoint, Inc. and its subsidiaries.
Disclosure Information:
AvePoint uses the https://www.avepoint.com/ir website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Investor Contact
AvePoint
Jamie Arestia
ir@avepoint.com
(551) 220-5654
Media Contact
AvePoint
Nicole Caci
pr@avepoint.com
(201) 201-8143
FAQ
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