AvePoint announces dual listing on Singapore Exchange

AvePoint (AVPT) announced its listing on the main board of the Singapore Exchange Securities Trading. 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. AvePoint established its initial presence in Singapore in 2009, and Singapore now serves as the company’s Asia headquarters and international R&D hub. 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 support from long only investors, which allowed for pricing from the midpoint of the range at SGD 19.50 per share.