Item 5. Other Information
ITEM 5. OTHER INFORMATION
Rule 10b5 - 1 Plan Election
On December 18, 2024 , Brian Michael Brown , our Chief Legal and Compliance Officer, and Secretary , adopted a Rule 10b5 - 1 trading arrangement, as defined in Item 408 of Regulation S-K, providing for the sale from time to time of an aggregate of up to 240,000 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 December 18, 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.
At the end of March 2025, the Company offered to purchase all of the remaining outstanding interest of MaivenPoint from the remaining minority interest holders for an aggregate total of approximately $11.6 million in cash. As of the end of April, all minority interest holders accepted the Company’s offer subject to acceptable terms and conditions to be drafted in a shareholder purchase agreement in May 2025. Following the acquisition of the interest, the Company will be the sole interest holder in MaivenPoint.
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Table of Contents
Part II
Item 6
Item 6. Exhibits
The following exhibits are filed as part of, furnished with, or incorporated by reference into, this Quarterly Report on Form 10-Q, in each case as indicated therein.
Exhibit Index
Incorporated by Reference
Exhibit
Number
Description
Schedule/
Form
File No.
Exhibit
Filing Date
Filed Herewith
31.1
Certification of Principal Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
X
31.2
Certification of Principal Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
X
32.1**
Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
X
32.2**
Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
X
101.INS
Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
X
101.SCH
Inline XBRL Taxonomy Extension Schema Document.
X
101.CAL
Inline XBRL Taxonomy Extension Calculation Linkbase Document.
X
101.DEF
Inline XBRL Taxonomy Extension Definition Linkbase Document.
X
101.LAB
Inline XBRL Taxonomy Extension Labels Linkbase Document.
X
101.PRE
Inline XBRL Taxonomy Extension Presentation Linkbase Document.
X
104.1
Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit 101).
X
**
Furnished herewith. Any exhibit furnished herewith (including the certifications furnished in Exhibit 32.1 and Exhibit 32.2 hereto) are deemed to accompany this Quarterly Report on Form 10-Q and will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, except to the extent that the Registrant specifically incorporates it by reference.
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Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AVEPOINT, INC.
Date: May 8, 2025
/s/ Tianyi Jiang
Name:
Tianyi Jiang
Title:
Chief Executive Officer
(Principal Executive Officer)
Date: May 8, 2025
/s/ James Caci
Name:
James Caci
Title:
Chief Financial Officer
(Principal Financial and Accounting Officer)
49
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.