UBS Buys AvePoint Shares to Stabilize Singapore Listing

MT Newswires10-15

AvePoint (SGX:AVP) said UBS purchased 147,310 of its shares at between SG$18.90 and SG$18.92 apiece to support its market price, according to a Tuesday filing with the Singapore bourse.

The software company's shares were down nearly 1% in Wednesday trading.

UBS is the stabilizing manager for AvePoint's secondary listing in Singapore.

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