Item 5. Other Information
ITEM 5. OTHER INFORMATION
Rule 10b5 - 1 Plan Election
On June 22, 2025 , Xunkai Gong , our Executive Chairman , 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 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 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 30,000 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 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 of 758,100 warrants were exercised, with total cash proceeds of $8.7 million. A total of 189,496 public warrants remained unexercised on the Redemption Date, and AvePoint redeemed those warrants. Following the Redemption Date, the Company has no public warrants outstanding.
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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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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: August 7, 2025
/s/ Tianyi Jiang
Name:
Tianyi Jiang
Title:
Chief Executive Officer
(Principal Executive Officer)
Date: August 7, 2025
/s/ James Caci
Name:
James Caci
Title:
Chief Financial Officer
(Principal Financial and Accounting Officer)
54
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.