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AvePoint taps SGX dual listing to sell $259 million worth of shares at $19.50 each

The Edge Singapore
The Edge Singapore  • 2 min read
AvePoint taps SGX dual listing to sell $259 million worth of shares at $19.50 each
Tianyi Jiang, CEO and co-founder of AvePoint / Photo: Albert Chua
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AvePoint, which is already listed on the Nasdaq, is looking to raise around $259 million in another listing on the Singapore Exchange.

The software company plans to offer 13.29 million vendor shares at $19.50 each, and its underwriters have an option to buy another 1.99 million shares.

AvePoint's Nasdaq-quoted shares closed at US$15.75 on Sept 15, or $20.10. It is down 6.42% year to date.

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