AvePoint Inc-A 2024年度报告

FORM10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2024or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________. Commission file number:001-39048 AvePoint, Inc. (Exact name of registrant as specified in its charter) Delaware83-4461709(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 525 Washington Blvd, Suite 1400Jersey City,NJ07310(Address of principal executiveoffices) (Zip Code) (201)793-1111(Registrant’s telephone number, including area code) Securities Registered Pursuant to Section12(b)of the Act: Title of each classTrading symbolName of each exchange on whichregistered Common Stock, par value $0.0001 pershareWarrants, each whole warrantexercisable for one share of CommonStock at an exercise price of $11.50 pershare TheNasdaqGlobal Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicateby check mark if the registrant is a well-known seasoned issuer,as defined in Rule 405 of the SecuritiesAct.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the ExchangeAct.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Table of Contents Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Largeacceleratedfiler☒Non-accelerated filer☐ Acceleratedfiler☐Smallerreportingcompany☐Emerginggrowthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b))by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to§240.10D-1(b).☐ Indicateby check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the ExchangeAct).Yes☐No☒ As of the last business day of the Registrant’s most recently completed second fiscal quarter, the aggregate market value of theRegistrant’s voting and non-voting common stock held by non-affiliates of the Registrant was $1,333,490,747.20based on theclosing sale price as reported by Nasdaq. As of February 26, 2025, there were201,831,243shares of common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive Proxy Statement for the 2025 Annual Meeting of Stockholders (the“Proxy Statement”)to be filed withthe Securities and Exchange Commission within 120 days after the end of the fiscal year ended December 31, 2024, areincorporated by reference into Part III. AVEPOINT, INC.FORM 10-KFor the Fiscal Year EndedDecember 31, 2024TABLE OF CONTENTS FORWARD-LOOKING STATEMENTSPART I.Item 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 1C. CybersecurityItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Mine Safety DisclosuresPART II.Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of EquitySecuritiesItem6. ReservedItem 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7A.Quantitative and Qualitative Disclosures about Market RiskItem 8.Financial Statements and Supplementary Da