AvePoint, Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
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Item 5. Other Information
Rule10b5-1 Plan Election
On* June 22, 2025,Xunkai Gong, our Executive Chairman, adopted a Rule 10b5-1 trading arrangement, as defined in Item408* of Regulation S-K, providing for the sale from time to time of an aggregate of up to 300,000 shares of common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until* January 15, 2026,*or earlier if all transactions under the trading arrangement are completed.
On* June 22, 2025,James Caci, our Chief Financial Officer, adopted a Rule10b5*-1 trading arrangement, as defined in Item408 of Regulation S-K, providing for the sale from time to time of an aggregate of up to 30,000 shares of common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule10b5-1(c). The duration of the trading arrangement is until* December 31, 2025,*or earlier if all transactions under the trading arrangement are completed.
Subsequent Events
The following material subsequent event occurred since the date of the most recent balance sheet period reported.
On* June 11, 2025,the Company directed its warrant agent to issue a notice of redemption to each registered holder of its outstanding public warrants stating that, pursuant to the terms of the Warrant Agreement dated September 16, 2019,it would redeem all public warrants that remained outstanding as of July 11, 2025 (the**"Redemption Date"*), at a redemption price of$0.01 per warrant.
Subsequent to* June 30, 2025,a total of758,100* warrants were exercised, with total cash proceeds of*$8.7* million. A total of189,496 public warrants remained unexercised on the Redemption Date, and AvePoint redeemed those warrants. Following the Redemption Date, the Company hasno public warrants outstanding.
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