AvePoint announced on July 16, 2025, the completion of the redemption of its publicly traded warrants that remained unexercised by 5:00 p.m. New York City time on July 11, 2025. The unexercised warrants were redeemed for $0.01 per warrant.
Prior to the redemption date, 1,053,498 warrants were exercised, generating approximately $12.1 million in cash proceeds for AvePoint. A total of 189,496 warrants remained unexercised and were redeemed for an aggregate price of approximately $1,895.
Following the redemption, AvePoint has no outstanding warrants, simplifying its capital structure. The company's common stock continues to trade on Nasdaq under the symbol 'AVPT', while the warrants ceased trading and were delisted as of July 11, 2025.
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