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UBS AG Stabilizes AvePoint’s SGX Listing with Share Purchases

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UBS AG Stabilizes AvePoint’s SGX Listing with Share Purchases

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AvePoint ( (AVPT) ) just unveiled an update.

UBS AG’s Singapore Branch has announced a stabilizing action related to the secondary listing of AvePoint, Inc.’s shares on the Singapore Exchange’s main board. As the Stabilizing Manager, UBS AG purchased 5,850 shares of AvePoint’s common stock in the open market, with the price ranging from S$18.96 to S$19.11. This action is part of efforts to support the stock’s market price following its listing, which could impact AvePoint’s market presence and investor confidence.

More about AvePoint

AvePoint, Inc. operates in the technology industry, focusing on providing cloud-based solutions for data management and collaboration. The company primarily offers products and services that enhance productivity and data governance for businesses, with a significant market focus on organizations utilizing Microsoft cloud platforms.

Find detailed analytics on AVPT stock on TipRanks’ Stock Analysis page.

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