AvePoint Inc. announced the completion of the redemption of its publicly traded warrants, leading to the delisting of these warrants from the Nasdaq Global Select Market. The trading of AvePoint's warrants was suspended, effective July 11, 2025. This action follows the company's prior announcement to redeem all outstanding warrants at a redemption price of $0.01 per warrant. As of the redemption date, 1,053,498 warrants were exercised, generating approximately $12.1 million in cash proceeds, while 189,496 unexercised warrants were redeemed. Following this redemption, AvePoint has no warrants outstanding, but its common stock continues to trade on Nasdaq under the symbol "AVPT."
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avepoint Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9495666-en) on July 16, 2025, and is solely responsible for the information contained therein.