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UBS AG Stabilizes AvePoint’s SGX Listing with Share Purchase

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UBS AG Stabilizes AvePoint’s SGX Listing with Share Purchase

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AvePoint ( (AVPT) ) just unveiled an announcement.

UBS AG’s Singapore Branch, acting as the Stabilizing Manager, announced the purchase of 147,310 shares of AvePoint, Inc. on the open market. This action is part of the secondary listing of AvePoint’s shares on the Singapore Exchange’s main board, indicating a strategic move to stabilize the stock price and potentially enhance investor confidence in the company’s market presence.

More about AvePoint

AvePoint, Inc. operates in the technology industry, focusing on providing cloud-based solutions for data management and collaboration. The company is known for its software products that help businesses manage, migrate, and protect their data, with a significant emphasis on Microsoft 365 and SharePoint environments.

For an in-depth examination of AVPT stock, go to TipRanks’ Overview page.

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