Apex Technology Acquisition stockholders voted in favor of the merger with AvePoint, the largest data management solutions provider for the Microsoft cloud. The SPAC announced the vote today in an 8-K filing.
An aggregate of 17,372 shares of Apex’s common stock, less than $200,000 in aggregate value, were presented for redemption, the SPAC said in the filing.
Announced in November, the combined company has an estimated market value of approximately $2 billion. The deal included a fully committed PIPE of $140 million.
The combined company will operate as AvePoint. Shares of common stock and warrants will list on the Nasdaq under AVPT and AVPTW. Read more.
