AvePoint announces its dual listing on SGX, becoming the first B2B SaaS company on both Nasdaq and SGX.
Quiver AI Summary
AvePoint announced its listing on the Singapore Exchange (SGX), becoming the first B2B SaaS company to achieve dual listing on both SGX and Nasdaq. This milestone is part of AvePoint's global expansion, allowing it to enhance its customer and investor base amid rising demand for data protection technology. The company's presence in Singapore, where it has operated since 2009, serves as its Asia Headquarters and R&D hub. Concurrent with the listing, AvePoint conducted a successful secondary offering that was oversubscribed. Leaders from SGX and Nasdaq expressed excitement about AvePoint’s growth and contributions to the technology sector, underscoring Singapore's role as a significant hub for innovation and capital.
Potential Positives
- AvePoint's listing on the SGX marks a historic milestone as it becomes the first B2B SaaS stock listed on the exchange and the first company to achieve a dual listing on both Nasdaq and SGX.
- The successful secondary offering of shares, which was more than three times oversubscribed, indicates strong investor interest and confidence in AvePoint’s business and growth prospects.
- The SGX listing broadens AvePoint’s customer, partner, and investor base, supporting its ongoing global expansion efforts.
- The listing highlights AvePoint's established presence in Asia, bolstering its reputation and influence within the rapidly growing technology market in the region.
Potential Negatives
- The forward-looking statements in the press release highlight several risks and uncertainties that could impact AvePoint's future performance, suggesting potential vulnerabilities in their business strategy.
- The competitive landscape mentioned implies that AvePoint may face challenges from other companies in the data security space, which could affect market position and profitability.
- Despite the positive remarks surrounding the SGX listing, the need for a secondary offering due to oversubscription may suggest high demand concerns that could hint at instability or a need for additional capital.
FAQ
What is AvePoint's recent achievement in Singapore?
AvePoint has become the first B2B SaaS company listed on the SGX, achieving a historic dual listing with Nasdaq.
How does AvePoint's SGX listing benefit its operations?
The SGX listing broadens AvePoint's customer, partner, and investor base, enhancing its global expansion efforts.
When did AvePoint establish its presence in Singapore?
AvePoint established its initial presence in Singapore in 2009, making it the company's Asia headquarters and R&D hub.
What was the response to AvePoint's recent secondary stock offering?
The secondary offering was more than three times oversubscribed, reflecting strong support from institutional investors.
Where can I find more information about AvePoint?
For more details, visit AvePoint's official website at www.avepoint.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AVPT Insider Trading Activity
$AVPT insiders have traded $AVPT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $AVPT stock by insiders over the last 6 months:
- JEFF EPSTEIN sold 500,000 shares for an estimated $9,385,000
- BRIAN MICHAEL BROWN (Chief Legal Officer) has made 0 purchases and 6 sales selling 210,000 shares for an estimated $3,539,900.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AVPT Hedge Fund Activity
We have seen 123 institutional investors add shares of $AVPT stock to their portfolio, and 163 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 3,657,692 shares (+218.0%) to their portfolio in Q2 2025, for an estimated $70,630,032
- VANGUARD GROUP INC added 1,975,971 shares (+13.6%) to their portfolio in Q2 2025, for an estimated $38,156,000
- MILLENNIUM MANAGEMENT LLC removed 1,645,229 shares (-79.9%) from their portfolio in Q2 2025, for an estimated $31,769,371
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,525,405 shares (+135.6%) to their portfolio in Q2 2025, for an estimated $29,455,570
- UBS GROUP AG removed 1,072,434 shares (-81.4%) from their portfolio in Q2 2025, for an estimated $20,708,700
- FRANKLIN RESOURCES INC added 893,384 shares (+72.2%) to their portfolio in Q2 2025, for an estimated $17,251,245
- JENNISON ASSOCIATES LLC added 786,016 shares (+37.0%) to their portfolio in Q2 2025, for an estimated $15,177,968
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AVPT Analyst Ratings
Wall Street analysts have issued reports on $AVPT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 08/26/2025
- Scotiabank issued a "Sector Outperform" rating on 05/09/2025
To track analyst ratings and price targets for $AVPT, check out Quiver Quantitative's $AVPT forecast page.
$AVPT Price Targets
Multiple analysts have issued price targets for $AVPT recently. We have seen 6 analysts offer price targets for $AVPT in the last 6 months, with a median target of $20.5.
Here are some recent targets:
- An analyst from B. Riley Securities set a target price of $25.0 on 08/26/2025
- Fatima Boolani from Citigroup set a target price of $18.0 on 08/18/2025
- Joseph Gallo from Jefferies set a target price of $22.0 on 07/21/2025
- Gabriela Borges from Goldman Sachs set a target price of $17.0 on 05/12/2025
- Joe Vandrick from Scotiabank set a target price of $22.0 on 05/09/2025
Full Release
JERSEY CITY, N.J., Sept. 18, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT, SGX: AVP), the global leader in data security, governance, and resilience, today announced its listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX) under the symbol “AVP.” This marks a historic milestone as AvePoint becomes the first B2B SaaS stock to be listed on SGX, and the first company to be dual listed on both Nasdaq and SGX.
“Our SGX listing is an exciting step in AvePoint’s ongoing global expansion, broadening our customer, partner, and investor base as the demand for our data protection technology increases,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Trading on SGX complements our presence on Nasdaq, allowing AvePoint to expand especially as we witness the surge of technological advancement and innovation in Singapore.”
AvePoint established its initial presence in Singapore in 2009, and Singapore now serves as the company’s Asia Headquarters and International R&D Hub, fueling innovation in data security, governance and resilience. The company continues to expand its global footprint, solving data protection challenges for organizations around the world.
“SGX is pleased to welcome AvePoint to our stock market,” said Loh Boon Chye, CEO, SGX Group. “Its dual listing on SGX reflects AvePoint’s strong track record in Asia Pacific and its strategy to broaden its investor base across the region. This milestone also underscores Singapore’s stature as a trusted, international hub at the intersection of capital and innovation, an increasingly vital venue for global technology leaders tapping into Asia’s dynamic growth.”
AvePoint’s SGX listing complements its established presence on Nasdaq, where the company initially went public in 2021.
“AvePoint makes history today as the first company to achieve a dual listing on both Nasdaq and SGX, which is a proud moment for us all,” said Bob McCooey, Vice Chairman, Nasdaq. “Since their Nasdaq listing in 2021, AvePoint’s journey has been marked by innovation, growth, and leadership in technology. This milestone not only deepens our longstanding partnership but also highlights the global reach and ambition that defines both AvePoint and Nasdaq. We are excited to support AvePoint as they continue to expand their impact worldwide, and we wish the entire team great success in this next phase of growth.”
Concurrent with the SGX listing, AvePoint completed a successful secondary offering of shares of its common stock, which was more than three times oversubscribed. Forty institutional investors were ultimately allocated shares in the offering, with strong support from long only investors, which allowed for pricing from the midpoint of the range at SGD 19.50 per share.
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 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.
Contacts
Investor Contact:
AvePoint
Jamie Arestia
[email protected]
(551) 220-5654
Media Contact:
AvePoint
Nicole Caci
[email protected]
(201) 201-8143