AvePoint, Inc. AVPT

It’s for the best. market is telling us it wants to keep the warrants until 1st Sept 2026 and then at least until Feb 2025 for earnings. I’m looking for >10 cents on >100mill revenues. I did some math and there is only an extra 5 million shares dilution by waiting until the stock is $30 opposed to $18. for exercise of the options. Option holders will make beaucoup more if they wait till full maturity to exercise.

I’ve got unofficially 17 out of the last 19 days, so we need 3 out of the next 11 days

30 trading days is actually 6 weeks. So first day over $18 was week of Thanksgiving. Then . 3 trading days past puts us out to first or second week of the New Year. Most likely . 6th to 10th of Jan 2025; IF it stays over $18 for the 20 trading days ( must close over )

FYI :

“ and only if, the reported last sale price of the Company’s Class A common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period commencing once the warrants become exercisable and ending three business days before the Company sends the notice of redemption to the warrant holders. “

Eric: The options won’t expire until Sept 2026. That’s an eternity on WS. If they are called at current prices (?) Todays price ; since it will be a non-cash -call
the trade will cost them 135mill$ of shares and approx 7 million shares. If they wait until the stock hits 30$ it will cost them 12 million shares to make the trade ( exchange ) . But the exchange will be at a higher share price : not hopefully but assuredly. So for these guys it’s just Monopoly Money. That’s why I think they will have to pry these warrants out of my two hands in Sept2026. Don’t buy the stock. Buy the warrants : there should be 2 or 3 $ time premium on them . Essentially they are a deep in the money call.

Receivables 78m
Debt 8.4m
Payables 7.48m
Balance sheet is squeaky clean.
So I’m thinking why call in the warrants. ? The warrants are the closest to a poison pill they have. Call them in and you are almost inviting suitors. I honestly think they could care less about being bought out “ unless”the buyout was in excess of $30 a share.

Leverage up, buy 2.5x number of warrants for same money with 25 cent time value. If it’s called they pay you $1 a warrant for your trouble. 15% profit on “borrowed “ shares.

Hahaha: let them call the warrants they have to pay us 115% of the price difference; which beats the current time value of 25 cents. Xmas came early.

Your house needs “ plumping “ and you have the money invested in a single stock . At the least I’m thinking a high yield bond etf yield of 7.5% or a fund invested in equity and covered calls. Yields of 12% . All that said . My hope is this high volatility equity recovers and accommodates your plumbing project. But you’ve set your target.. when you get there …
The peace of mind of sound pipes far exceeds the joy of a further stock gain. Take the pipes.

I’m FURIOUS they have opened up this barrel of snakes and left it open. Looking more like the movie set of Raiders of the Lost Ark. They haven’t a clue of how revealingly greedy and ignorant this makes their perception appear.