AvePoint Announces Redemption of Outstanding Public Warrants

Rhea-AI Summary

AvePoint (NASDAQ:AVPT) has completed the redemption of its outstanding public warrants as of July 11, 2025. Of the 1,242,994 warrants outstanding when the redemption was announced on June 11, 2025, 1,053,498 warrants were exercised, generating approximately $12.1 million in cash proceeds.

The remaining 189,496 unexercised warrants were redeemed at $0.01 per warrant, totaling approximately $1,895. Following the redemption, AvePoint has no warrants outstanding and 211,879,134 shares of common stock outstanding. The warrants have ceased trading on Nasdaq and will be delisted, while AvePoint's common stock continues to trade under the symbol "AVPT".

Positive

• Generated $12.1 million in cash proceeds from warrant exercises
• Simplified capital structure with elimination of all outstanding warrants
• High warrant exercise rate with 84.8% of warrants being exercised

Negative

• Potential dilution from 1,053,498 new shares issued from warrant exercises

Insights

Financial Analyst

AvePoint completed warrant redemption, generating $12.1M in cash proceeds while simplifying its capital structure.

AvePoint has successfully completed the redemption of its outstanding public warrants, a strategic financial move that yields several positive outcomes for the company's balance sheet. The transaction generated approximately $12.1 million in cash proceeds from the exercise of 1,053,498 warrants prior to the redemption deadline, representing about 85% of the total outstanding warrants.

This warrant cleanup effectively simplifies AvePoint's capital structure by eliminating potential future dilution that would have occurred if these warrants remained outstanding. The company now reports 211,879,134 shares of common stock outstanding with zero remaining warrants, creating a cleaner equity structure that's typically more attractive to institutional investors who prefer straightforward capitalization tables.

The high rate of warrant exercise rather than redemption (85% exercised vs. 15% redeemed) indicates warrant holders saw value in converting to equity at the exercise price rather than accepting the nominal $0.01 redemption price. This suggests positive market sentiment regarding AvePoint's underlying value. The $12.1 million cash infusion, while not transformative for a public company of AvePoint's size, provides additional working capital that strengthens the company's financial position without incurring debt or conducting a dilutive secondary offering.

JERSEY CITY, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced that it has completed the redemption of its publicly traded warrants (the “Warrants”) to purchase shares of AvePoint’s common stock, $0.0001 par value per share (“Common Stock”), that were issued under the Warrant Agreement, dated September 16, 2019, by and between AvePoint’s predecessor company, Apex Technology Acquisition Corporation (“Apex”), and Continental Stock Transfer & Trust Company, as warrant agent, (the “Warrant Agreement”) as part of the units sold in Apex’s initial public offering, that remained unexercised at 5:00 p.m., New York City time on July 11, 2025 (the “Redemption Date”) for a redemption price of $0.01 per Warrant (the “Redemption Price”).

On June 11, 2025, AvePoint filed a Form 8-K/A stating that, pursuant to the Warrant Agreement, it would redeem all Warrants that remained outstanding at 5:00 p.m., New York City time, on the Redemption Date at the Redemption Price. Of the 1,242,994 Warrants that were outstanding as of the date AvePoint announced the redemption of its public warrants on June 11, 2025, 1,053,498 were subsequently exercised. Total cash proceeds generated from the Warrant exercises were approximately $12.1 million. A total of 189,496 Warrants remained unexercised as of 5:00 p.m., New York City time, on the Redemption Date, and AvePoint redeemed those Warrants for an aggregate redemption price of approximately $1,895. Following the Redemption Date, AvePoint had no Warrants outstanding and 211,879,134 shares of Common Stock outstanding.

In connection with the redemption, the Warrants ceased trading on the Nasdaq Global Select Market (“Nasdaq”) and will be delisted, with the trading suspension effective as of July 11, 2025. The Common Stock continues to trade on Nasdaq under the symbol “AVPT.”

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of AvePoint, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

About AvePoint 

Beyond Secure. AvePoint is a 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 over 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.

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

What is the total cash proceeds AvePoint (AVPT) received from the warrant redemption?

AvePoint received approximately $12.1 million in cash proceeds from the exercise of 1,053,498 warrants.

How many warrants were exercised before AvePoint's redemption deadline?

1,053,498 warrants were exercised out of the total 1,242,994 outstanding warrants before the July 11, 2025 redemption deadline.

What happened to unexercised AVPT warrants after the redemption date?

The 189,496 unexercised warrants were redeemed at $0.01 per warrant (approximately $1,895 total) and were delisted from Nasdaq.

How many shares of common stock does AvePoint have outstanding after the warrant redemption?

Following the warrant redemption, AvePoint has 211,879,134 shares of common stock outstanding and no remaining warrants.

When did AvePoint's warrants stop trading on Nasdaq?

AvePoint's warrants ceased trading on Nasdaq effective July 11, 2025, and will be delisted.