Thus “AvePoint” came from the dream that his company could also be this point, at which all avenues come together, to enable collaboration with confidence. AvePoint will issue any updates regarding the merger via our blog and social media channels. We plan to use… Former hedge-fund manager, Mike Novogratz used the same tactic to list his crypto merchant bank, Galaxy Digital Holdings on a Canadian stock market. AvePoint ブログ更新情報など、便利なお知らせが満載の I am honored to continue leading this wonderful team of passionate and agile forward-thinkers. Enter your email address below. Save my name, email, and website in this browser for the next time I comment. Apex is not the only crypto startup to test the reverse merger as many other companies used this strategy to go public instead of participating in an IPO. do you know when the stock will be in the stock market with its own ‘ AVPT ‘ CODE INSTEAD OF ” APXT ‘ ? FP Markets Launches FP Markets Social TradingGo to article >>. Thanks for reaching out. I am an investor from NYC. Additional information will be available in the definitive proxy statement/prospectus when it becomes available. Before you can invest in United Wholesale Mortgage, you'll need to open a brokerage account. This duality reflects the character of every AvePointer —dream big and strive to make a difference, but always with humility. We are enterprise record management and technology governance experts. When we announced our last major investment in January this year, I talked about what that funding meant for our customers and told the story of our key break that ultimately led us to where we are today. This is good news for AvePoint and for our customers. The Securities and Exchange Commission will still need to approve Apex’s proxy filing. This is alongside traditional brokerage assets, which had been disjointed in the past. In connection with the proposed transaction, Apex intends to file a registration statement on Form S-4 with the SEC, which will also include a document that serves as a prospectus and proxy statement of Apex, referred to as a proxy statement/prospectus. That is the difference that has allowed us to add value to organizations across platforms and industries. Year-to-date, Apex Clearing has provided custody for $14 billion in new assets. Please open the email we sent you and click on the link to verify your account. AvePoint is proof that companies can thrive, rather than be squashed, by following Microsoft’s footsteps. – APEX will disappear from the stock list after the merger? This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the business combination discussed herein. Is there going to be any updates regarding the merger and IPO coming before the major date? and Masters in Electrical and Computer Engineering from Cornell University, and a Master of Philosophy and PhD in Data Mining from Department of Information Systems, Operations Management, and Statistics, Stern School of Business, New York University. Prior to the merger, shareholders of Apex and shareholders of AvePoint will each receive information via a proxy statement describing in details the terms of the merger and will vote on the merger. Agility has been our strongest organizational value which allowed us to recognize and quickly pivot to take advantage of trends. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act, or an exemption therefrom. -https://www.avepoint.com/news/avepoint-the-largest-microsoft-365-data-management-solutions-provider-announces-2bn-merger. How to buy shares in United Wholesale Mortgage. If AvePoint had become only the SharePoint experts, we wouldn’t be around today. However, other states will still need additional licensing. Notably, the merger consideration represents a steep discount to Apex's 52-week high trading price of $11.09 and is $0.45 below Apex's closing stock price of $2.45 on February 12, 2021. AvePoint is the largest independent software vendor of SaaS solutions to migrate, manage and protect data in Microsoft 365. Under the terms of the merger agreement, APEX shareholders will receive only $2.00 in cash for each share of APEX common stock that they hold. Hi Michael, You can see in this graph that we aren’t a one trick pony or a flash in the pan. Apex is experiencing significant growth and momentum, now serving over 200 clients representing more than 13 million customer accounts, 3.2 million of which have been opened in 2021 alone, and more than 1 million new crypto accounts,” the company said. Finance Magnates is a global B2B provider of multi-asset trading news, research and events Participants in the Solicitation You have entered an incorrect email address! It’s not just been the growth of SharePoint and the Microsoft 365 platforms that we support, but the partnership as well. Bank of Russia Plans to Pilot Digital Ruble in 2021 End, Crypto’s Black Thursday One Year Later: Bitcoin up 1000%, Apex Clearing Goes Public on NYSE through Reverse Merger. – Something to fill out as a Non-American Investor? We challenge ourselves to say how can we take the next step and develop a system of automation that reduces or removes the need for manual labor on this tedious task? Please check your inbox for our authentication email. I have also AXPT & AXPTU stocks. Explosive data growth, increasing data regulations, shifts to the cloud, hyper growth of Microsoft Teams were all trends that fueled our growth prior to the pandemic. For this latest milestone, rather than reflecting on the past, I wanted to bring people behind the scenes and walk them through the presentation that I delivered to our investors. Apex Clearing will be opening doors for more digital wealth companies to include the virtual asset class into their clients’ portfolios. A merger would value Apex and Northern Star Investment Corp. II at as much as $5 billion, said one of the people, who asked not to be identified because the information is private. We do not store your information and we do not disclose our sources. Could you please inform me the details. With Northern Star already an NYSE-listed firm, the deal allows Apex to go public via a backdoor listing and avoid the regulatory complexities of a formal IPO process. They are simple slides, but they tell a bigger story of who we are, the mindset that got us here and where we are going. I am honored to continue leading this wonderful team of passionate and agile forward-thinkers. [email protected] or 516 – 749 06 97. Just for confirmation: ニュースレターをメールで配信しています。是非ご購読ください。. Our announcement today will help us do just that. The other key component this slide demonstrates is that we have made it a priority for our products to not just be monitoring and nagging systems like many of our competitors offer. Erhalten Sie unseren wöchentlichen Newsletter direkt in Ihr Postfach. A proxy statement/prospectus will be sent to all Apex shareholders. Important Information for Investors and Stockholders I would like to know the details of this. We will send instructions to reset We will expand our geographic footprint as well as look to increase our channel presence and support for managed service providers. Terms, Cookies and Privacy Notice. This press release relates to a proposed transaction between AvePoint and Apex. Gerhard. Apex Technology Acquisition Corporation (NASDAQ: APXT, “Apex”) and AvePoint, the largest data management solutions provider for Microsoft 365, today a Dr. Tianyi (TJ) Jiang oversees product strategy and business development for AvePoint’s global businesses, and is one of the main architects in guiding AvePoint’s evolution to become a Collaboration Enabler, focusing on helping enterprises in their digitization journey to enable employees to collaborate with confidence. This field is for validation purposes and should be left unchanged. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. It is with this in mind that I’d like to thank everyone who has contributed to AvePoint’s growth and been part of our journey over the last two decades. There have been a few memorable examples of companies reaching high valuations without a clear value proposition, but sooner or later, company value and customer value always align. It is the value that enabled us to get through the leaner years from 2013 to 2016 when we bootstrapped the entire transformation of our technologies and, most importantly, company to a SaaS model. As far as I know AXPT is the only stock itself but APXTU will divert into each one APXT & APXTW stocks from one APXTU stock which give me one stock and additional warrant stock also which could give me a chance in some period of time to buy original stock of the company. Apex Clearing has recently expanded its offering with a cryptocurrency platform that allows broker-dealers and investment platforms to offer crypto investing to their clients. What date is the merger between Apex Technology and AvePointe taking place, The transaction, valuing the combined company at an equity value of approximately $2 billion on a pro forma basis after giving effect to the PIPE and assuming minimal Apex stockholder redemptions, is expected to close in the first quarter of 2021. The impacts of COVID-19 have greatly accelerated these trends. We have consistently developed first-to-market solutions – from the days of DocAve CD-ROMs and being the first SharePoint migration vendor, to being one of the first vendors to move our solutions onto Microsoft Cloud as IaaS/PaaS and then SaaS provider, to our recent Policies and Insights SaaS product that is the first to identify, prioritize and enforce actions to prevent the exposure of sensitive information in Microsoft 365. You should receive this in February. If you own APEX … Under the terms of the merger agreement, APEX shareholders will receive only $2.00 in cash for each share of APEX common stock that they hold. No Offer or Solicitation your password. Our name, logo, and entire reason for being is centered around our vision to unleash the power of you. Merry Christmas and happy new year Securities custody and clearing firm, Apex Clearing Corp said on Monday that it is going public through a reverse merger with Northern Star Investment Corp II. Going public through a traditional route can take longer to secure more regulatory approvals. © 2021 AvePoint, Inc. All Rights Reserved. There are 212 public software companies and AvePoint is one of 5 that is growing at a rate of more than 25% revenue while maintaining a higher than 10% EBIT margin. Latest SPAC announcements and details of the merger. Our name “AvePoint” was coined by my fellow co-founder, Kai Gong. He realized Times Square was where the avenues merge, bringing together people, ideas, and energy. If I had to pick one slide that tells the story of AvePoint, this would be it. Will the merger with Tilray cause the stock to soar? Yes, we go deep in our expertise within the Microsoft product portfolio, but the real expertise we have deliberately cultivated has been around how to support and scale enterprise data protection, compliance, collaboration. Over 16,000 customers and 7 million cloud users worldwide trust AvePoint software and services for their data migration, management, and protection needs. There aren’t too many 20-year-old technology companies around today, especially ones that are thriving and still innovating, outside of the giant household names. with special focus on electronic trading, banking, and investing.Copyright © 2021 "Finance Magnates Ltd." All rights reserved. Receive weekly digests delivered to your inbox. Apex will file other documents regarding the proposed transaction with the SEC. So, we developed our technology, relationships, and platform with a focus that allowed us to provide more value than anyone else. They feature automation that saves your team time to generate savings while making you more compliant and secure. Throughout this whole process, when you’re preparing, examining and discussing your numbers like the ones in the previous slide, it can be easy to forget that it all boils down to the value you are providing your customers. The platform was developed in partnership with the company’s crypto custody offering, dubbed Apex Crypto. AvePoint accelerates your digital transformation success. Apex Technology Acquisition Corporation (NASDAQ: APXT, "Apex") and AvePoint, the largest data management solutions provider for Microsoft 365, today announced preliminary, selected unaudited financial results for the full year ended December 31, 2020. With AvePoint, it’s a point of pride that our solutions go beyond being a monitoring and nag system. A SPAC is a shell company that raises money from investors in an initial public offering and seeks to acquire a private acquisition target over a fixed time period. Find the latest Apex Global Brands Inc. (APEX) stock quote, history, news and other vital information to help you with your stock trading and investing. This reflects our company’s disciplined growth as well as the strong overall market demand for our solutions. “Apex’s paperless products and solutions serve as the infrastructure for a total addressable market of over $100 trillion in assets, of which the firm has approximately $100 billion under custody today. Going through this process forces you to think about who you really are as an organization and the answer I came up with is this: we are and always will be at our core innovators who push the boundaries of the Microsoft 365 and digital collaboration space. The merger values the newly combined company, which will now be called UMW Holdings Corporation, at $16 billion. Voyager, the New York-based crypto asset brokerage firm launched by Uber founder, has taken this route with the buyout of a publicly listed company on TSX stock exchange. We plan to use this infusion of capital to scale our innovation so we can deliver more value and more solutions across Microsoft 365 and other digital collaboration platforms. It was during one of his daily commutes into New York City when he saw Times Square through a new lens. Apex will be listed on the New York Stock Exchange following the deal with Northern Star, a so-called blank-check company, backed by Jon Ledecky, who is the majority owner of the NHL team, New York Islanders. Today we announced AvePoint will go public via a $2.0 billion USD initial public merger with Apex Technology Acquisition Corporation (NASDAQ: APXT), a special-purpose acquisition company (SPAC). I am invested in Apex and have German citizenship. The AvePoint logo symbolizes a rising sun just above a mountain, but also a person with a bowing head. If you could inform by Mail it would be great. The deal is poised to value Apex at about $4.7 billion including debt, according to a press release. AvePoint was founded in 2001 and is headquartered in Jersey City, New Jersey.The company also has offices and a strong footprint in the United States, Canada, Australia, South Africa, United Kingdom, France, Germany, Netherlands, Switzerland, Japan, Singapore, and China The transaction, valuing the combined company at an equity value of approximately $2 billion on a pro forma basis after giving effect to the PIPE and assuming minimal Apex stockholder redemptions, is expected to close in the first quarter of 2021. This is one of my favorite slides because it shows how hard it is for an enterprise SaaS company like AvePoint to post strong growth numbers while staying cash positive. Prior to co-founding AvePoint, TJ’s career focus was on designing and implementing fix-income trading systems, global equity program trading platforms, credit risk modeling, and conducting research in Data Mining. Leave your name/email (not required) if you'd like to be contacted about this story (will not be disclosed): Be it a typo or a factual error - we do our best but we are also human! Perhaps the largest reason to be talking about Aphria is the fact that its planned merger with … Following the closing of the transaction, Apex CEO, William Capuzzi, and Apex President, Tricia Rothschild, will continue to serve in their current roles at the combined company. Apex Technology Acquisition Corporation and AvePoint, Inc. This is good news for AvePoint and for our customers. AvePoint Inc., a data management provider and Microsoft Corp. MSFT, -1.82% cloud partner, is going public through a merger with blank-check company Apex … Before making any voting decision, investors and security holders of Apex are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. From a legal and regulatory standpoint, the platform will offer compliant custody and trading services for clients in most states. We aren’t Microsoft Teams records and governance experts. It wasn’t enough for us to be one of hundreds of thousands of partners. We would not be where we are today without Microsoft. Announce 2020 Revenue and Registration Statement on Form S-4. Technically Apex is the surviving entity and it will change its name to AvePoint, Inc. Securities custody and clearing firm, Apex Clearing Corp said on Monday that it is going public through a reverse merger with Northern Star Investment Corp II. Apex and its directors and officers may be deemed participants in the solicitation of proxies of Apex’s stockholders in connection with the proposed transaction. Apex’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of Apex in its Annual Report on Form 10-K for the year ended December 31, 2019, which has been filed with the SEC. Northern Star Chairwoman and CEO, Joanna Coles will join the new company’s Board of Directors. The stock opened at $11.43 per share. SPAC (special purpose acquisition company), also known as a blank-check company is a vehicle to bring a private company to the public markets as an alternative to an IPO. – Shares will be changed 1:1 into Avepoint shares automatically? Thank you. The fintech company allows clients to open cryptocurrency accounts to buy and trade tokens. Change and agility are hard. A recipient of Ernst & Young’s Entrepreneur of the Year award in New Jersey in 2010, TJ received both B.S. Thank you for registering to Finance Magnates. This digital transformation has side effects and our solutions help organizations increase the productivity of their digital collaboration through transformation, governance and compliance. Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by Apex through the website maintained by the SEC at www.sec.gov. This communication also shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Today we announced AvePoint will go public via a $2.0 billion USD initial public merger with Apex Technology Acquisition Corporation (NASDAQ: APXT), a special-purpose acquisition company (SPAC). Recevez des newsletters hebdomadaires dans votre boîte de réception. Do let us know and we'd be happy to check ourselves and fix if necessary. We wanted to be THE Microsoft partner. AvePoint and Apex Announce Initial Public Merger: Here's What I Pitched Investors, 20 MORE Microsoft 365 Guest Access Questions Answered, 3 New Power BI Features to Empower a Data-Driven Workplace, International Women’s Day 2021: 3 Simple Challenges for Every Day. From our press release: Upon closing the transaction, it is expected that the combined company will be named AvePoint and will remain a publicly traded company listed on the Nasdaq Stock Market under a new ticker symbol, “AVPT.”. In other words, our moment is now, and we need to scale our operations to meet the demand of our current and future customers. Speaking of taking advantage of trends, this slide shows why this was the right time to go public. For more information, read our