AvePoint

Core Viewpoint - AvePoint, a global data security firm backed by 65 Equity Partners, has announced its dual listing on the Main Board of the Singapore Exchange (SGX) to support its global expansion [1][2]. Group 1: Company Developments - AvePoint is the first Singapore-incorporated company to achieve a dual listing on both Nasdaq and SGX, facilitated by 65 Equity Partners [2]. - The SGX listing is expected to raise approximately S$300 million from a secondary share sale by controlling shareholders, with sales primarily directed to institutional investors [2]. Group 2: Financial Performance - Concurrent with the SGX listing, AvePoint completed a secondary offering of its common stock, which was more than three times oversubscribed [2]. - The pricing for the shares was set at S$19.50 (approximately $15.19) per share, based on strong demand from long-only institutional investors [2]. Group 3: Future Prospects - There is potential for 2-3 additional companies from 65 Equity Partners' existing portfolio to list on the SGX in the future if the firm continues to execute its mandate effectively [1][2].