other material
confidence high
sentiment positive
materiality 0.85
Apex Technology stockholders approve business combination with AvePoint; closing expected July 1
AvePoint, Inc.
- Business Combination Agreement approved with 27,140,624 votes for, 80,060 against, 62,413 abstain.
- Name change to AvePoint, Inc. approved (27,060,671 for); authorized shares increase approved.
- AvePoint 2021 Equity Incentive Plan and Employee Stock Purchase Plan both approved.
- Issuance of shares to AvePoint equityholders and PIPE investors approved for Nasdaq listing rules.
- 17,372 shares redeemed for <$0.2M aggregate value; merger expected to close July 1, 2021.