---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030336"
form_type: "8-K"
ticker: "AVPT"
cik: "0001777921"
company_name: "AvePoint, Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:19:57.739461+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AvePoint secures $30M revolving credit facility from HSBC with $20M accordion

## Summary
- Revolving line of credit up to $30.0M with an additional $20.0M accordion feature.
- Interest rate: Term SOFR plus 3.00%-3.25% depending on Consolidated Total Leverage Ratio.
- Unused facility fee from 0.50% to 0.55%; facility fee of $90,000 paid on closing.
- Matures November 3, 2026; no outstanding balance as of filing date.
- Covenants include minimum fixed charge coverage and maximum leverage ratio; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001437749-23-030336
- form_type: 8-K
- ticker: AVPT
- cik: 0001777921
- company_name: AvePoint, Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/avpt20231031_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030336
- JSON: https://secwatch.observer/filing/0001437749-23-030336.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030336.txt

## Key facts
- Material Agreements
  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
  source text: ") 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.