AvePoint's Strategic Dual Listing on the Singapore Exchange: A Catalyst for Global Growth and Market Access

AvePoint's dual listing on the Singapore Exchange (SGX) marks a pivotal step in its global expansion strategy, positioning the company to capitalize on the explosive growth of the Asia-Pacific (APAC) enterprise software market while enhancing its access to international capital and markets. By leveraging Singapore's status as a financial and technological hub, AvePoint aims to strengthen its long-term growth trajectory, diversify its investor base, and solidify its leadership in data governance solutions.

Strategic Rationale for the SGX Dual Listing

AvePoint submitted its application for a dual listing on the SGX in January 2025, with shares beginning trading on September 19, 2025, under the ticker “AVP”AvePoint launches public offering on SGX; will become a dual-listed stock^[1]. The company raised $259.8 million through the public offering of 13.2 million shares at S$19.50 each, with underwriters retaining the option to purchase an additional 2 million sharesAvePoint Submits Application for Dual Listing on the Singapore Exchange^[2]. This move follows a decade-long presence in Singapore, where the company established its Asia headquarters and international R&D hub in 2009AvePoint Announces Dual Listing on the Singapore Exchange^[3].

The dual listing aligns with AvePoint's strategic objective to deepen its APAC footprint, a region projected to grow at a compound annual growth rate (CAGR) of 5.572% from $137.69 billion in 2024 to $250 billion by 2035APAC Enterprise Software Market Size, Growth, Trends 2035^[4]. By listing on SGX, AvePoint gains access to APAC-focused institutional investors, including family offices and hedge funds, which manage over $300 billion in assets in Singapore aloneThe Lion City's Ascent as a Global Financial Powerhouse^[5]. This diversification of capital sources enhances financial flexibility, enabling the company to fund R&D, expand its channel ecosystem, and pursue cross-border partnerships.

Singapore as a Gateway to Global Markets

Singapore's strategic location at the crossroads of Asia and its reputation as a global financial hub make it an ideal base for multinational corporations seeking to expand beyond their home markets. According to a report by the Monetary Authority of Singapore (MAS), the city-state's regulatory framework balances innovation with stability, fostering a conducive environment for fintech and enterprise software firmsSingapore’s Role as a Global Financial Hub^[6]. AvePoint's CEO, Dr. Tianyi Jiang, emphasized that the dual listing “complements our global expansion by leveraging Singapore's dynamic business ecosystem and access to skilled talent”AvePoint Inc (AVPT) Seeks Dual Listing on Singapore Exchange^[7].

The SGX listing also enhances liquidity and investor accessibility across time zones. With Nasdaq trading in the Americas and SGX in Asia, AvePoint's shares can attract a broader investor base, including European and APAC-based funds that may have limited exposure to U.S.-listed B2B SaaS stocks. Analysts at SGinvestors.io note that the dual listing could improve the stock's visibility among APAC-focused investors, potentially driving demand and share price stabilityAvePoint Analyst Reports (SGX:AVP) | SGinvestors.io^[8].

Long-Term Growth Drivers: APAC Market Dynamics and AvePoint's Expansion

The APAC enterprise software market is being driven by rapid digital transformation, cloud adoption, and government initiatives to modernize infrastructure. For instance, Horizon Databook projects a more aggressive CAGR of 14.11% for the APAC software market, with the region's market size expected to reach $571.46 billion by 2033Asia Pacific Software Market Size, Share, 2033^[9]. AvePoint's focus on data governance, security, and resilience—critical components of hybrid cloud environments—positions it to benefit from this trend.

The company's Singapore-based R&D hub, funded with a $100 million SGD investment, is a cornerstone of its innovation strategy. By 2026, the hub aims to employ over 500 professionals, focusing on AI-driven solutions for data management and complianceAvePoint Establishes New $100 Million SGD International R&D Hub in Singapore^[10]. This aligns with the growing demand for AI readiness in enterprises, a trend highlighted in AvePoint's Q2 2025 earnings report, which showed a 31% revenue increase to $102 million and a return to profitabilityAvePoint at Cantor Fitzgerald Conference: Strategic Growth and Expansion^[11].

Global Expansion Beyond APAC: Partnerships and Multi-Cloud Strategy

While the SGX listing primarily targets APAC growth, it indirectly supports AvePoint's ambitions in Europe and the Americas. The company's enhanced brand visibility in Singapore—a hub for multinational corporations—could facilitate partnerships with European and North American firms seeking APAC market entry. For example, AvePoint's points-based Global Partner Program incentivizes channel partners to engage in customer success, lead generation, and technical certifications, creating a scalable model for global expansionAvePoint Launches Enhanced Points-Based Global Partner Program^[12].

Additionally, AvePoint's diversification into multi-cloud environments—expanding beyond its Microsoft-centric ecosystem to Google Workspace and Salesforce—reduces dependency on single platforms and broadens its appeal to global enterprisesAvePoint’s Multi-Cloud Expansion Strategy^[13]. This strategy is critical as organizations increasingly adopt hybrid cloud models to balance flexibility and compliance.

Conclusion: A Strategic Win for AvePoint and Investors

AvePoint's dual listing on the SGX is a masterstroke in its global growth strategy. By anchoring its presence in Singapore, the company not only taps into the APAC market's explosive potential but also positions itself as a bridge between Asian and Western markets. With a robust financial performance, a diversified investor base, and a clear roadmap for innovation, AvePoint is well-positioned to capitalize on the $250 billion APAC enterprise software market by 2035. For investors, the dual listing offers a unique opportunity to participate in a B2B SaaS leader's journey to global dominance.