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Insider Trading Arrangements
 3 Months Ended 6 Months Ended
Jun. 30, 2025
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Jun. 30, 2025
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Trading Arrangements, by Individual [Table]    
Material Terms of Trading Arrangement [Text Block]  

ITEM 5. OTHER INFORMATION

 

Rule 10b5-1 Plan Election 

 

On June 22, 2025, Xunkai Gong, our Executive Chairman, adopted a Rule 10b5-1 trading arrangement, as defined in Item 408 of Regulation S-K, providing for the sale from time to time of an aggregate of up to 300,000 shares of common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until January 15, 2026, or earlier if all transactions under the trading arrangement are completed.

 

On June 22, 2025, James Caci, our Chief Financial Officer, adopted a Rule 10b5-1 trading arrangement, as defined in Item 408 of Regulation S-K, providing for the sale from time to time of an aggregate of up to 30,000 shares of common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until December 31, 2025, or earlier if all transactions under the trading arrangement are completed.

 

Subsequent Events

 

The following material subsequent event occurred since the date of the most recent balance sheet period reported.

 

On June 11, 2025, the Company directed its warrant agent to issue a notice of redemption to each registered holder of its outstanding public warrants stating that, pursuant to the terms of the Warrant Agreement dated September 16, 2019, it would redeem all public warrants that remained outstanding as of July 11, 2025 (the "Redemption Date"), at a redemption price of $0.01 per warrant.

 

 Subsequent to June 30, 2025, a total of 758,100 warrants were exercised, with total cash proceeds of $8.7 million. A total of 189,496 public warrants remained unexercised on the Redemption Date, and AvePoint redeemed those warrants. Following the Redemption Date, the Company has no public warrants outstanding. 
Rule 10b5-1 Arrangement Terminated [Flag] false  
Non-Rule 10b5-1 Arrangement Adopted [Flag] false  
Non-Rule 10b5-1 Arrangement Terminated [Flag] false  
Xunkai Gong [Member]    
Trading Arrangements, by Individual [Table]    
Trading Arrangement Adoption Date June 22, 2025  
Trading Arrangement, Individual Name Xunkai Gong  
Trading Arrangement, Individual Title Executive Chairman  
Rule 10b5-1 Arrangement Adopted [Flag] true  
Trading Arrangement, Securities Aggregate Available Amount 300,000 300,000
James Caci [Member]    
Trading Arrangements, by Individual [Table]    
Trading Arrangement Adoption Date June 22, 2025  
Trading Arrangement, Individual Name James Caci  
Trading Arrangement, Individual Title Chief Financial Officer  
Rule 10b5-1 Arrangement Adopted [Flag] true  
Trading Arrangement, Securities Aggregate Available Amount 30,000 30,000