Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
AvePoint, Inc. entered into Pledge Agreement with HSBC Bank USA, National Association valued at Security interest in all shares of subsidiaries, future proceeds, and assets (effective 2023-11-03).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- HSBC Bank USA, National Association
- Value
- Security interest in all shares of subsidiaries, future proceeds, and assets
- Effective
- 2023-11-03
Exact text from the filing
") of the Company deemed it advisable and in the best interests of the Company and its stockholders that the Company enter into (i) that certain Loan and Security Agreement (the " Loan Agreement "), dated as of November 3, 2023, by and between the Company and HSBC Bank USA, National Association (the " Bank "), (ii) that certain Pledge Agreement (the " Pledge Agreement "), dated as of November 3, 2023, by and between the Company and the Bank, and (iii) that certain Revolving Note (the " Revolving Note "), dated as of November 3, 2022, by and between the Company and the Bank.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AvePoint, Inc. entered into Loan and Security Agreement with HSBC Bank USA, National Association valued at $30,000,000 revolving line of credit with $20,000,000 accordion feature, interest at term SOFR plus (effective 2023-11-03).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- HSBC Bank USA, National Association
- Value
- $30,000,000 revolving line of credit with $20,000,000 accordion feature, interest at term SOFR plus
- Effective
- 2023-11-03
Exact text from the filing
On November 3, 2023, as directed by the Board, the Company entered into the Loan Agreement with the Bank, on which date the Loan Agreement became effective.
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