Amber International Successfully Completes Merger and Introduces New Leadership Team

Amber International Successfully Completes Merger

Amber International Holding Limited, known as a pioneering player in Web3 financial solutions, has officially announced the completion of its merger with iClick Interactive Asia Group Limited. This significant event took place on March 12, 2025, and was a strategic move aimed at expanding its offerings and market reach within the financial technology sector. The newly merged entity will continue to operate under the brand name "Amber Premium" and now carries the ticker symbol "AMBR" on the Nasdaq.

The merger was approved by iClick's shareholders during an extraordinary general meeting held on January 3, 2025. This union not only reshapes the company's identity but also heralds a new era in governance as Amber International welcomes a fresh board of directors and management team. Leading this new structure is Mr. Michael Wu, co-founder of Amber Group, appointed as the chairman of the board. Alongside him, Mr. Wayne Huo, another co-founder of Amber Group, has taken the reins as the chief executive officer.

With the merger finalized, Amber International has laid out a robust governance structure with seasoned members continuing from the iClick leadership. Key appointments include Mr. Wing Hong Sammy Hsieh, Mr. Lub Bun Chong, and Mr. Philip Kan, who will maintain their roles as directors within the company, ensuring a seamless transition.

The financial details surrounding the merger indicate that the company now holds a total of 452,678,650 ordinary shares, having been split into Class A and Class B shares. This restructuring is expected to provide a solid foundation for the company's future endeavors in the fast-evolving Web3 landscape.

The Future of Amber International

Amber International is positioning itself not just as a participant in the Web3 ecosystem, but as a leader. With a focus on institutional market access, execution infrastructure, and investment solutions, the company aims to help institutions and high-net-worth individuals optimize their digital asset portfolios. The ambition is to create a regulated, scalable financial ecosystem powered by innovative trading technology and advanced risk management techniques.

As part of a rapidly changing environment, the strategic inclusion of AI-driven methodologies and quantitative algorithms means Amber Premium can weave together centralized finance (CeFi), decentralized finance (DeFi), and over-the-counter (OTC) markets into a cohesive financial offering. This all-encompassing approach is designed to cater to a broad spectrum of client needs and preferences, setting Amber apart in a competitive arena.

Governance Committees and Leadership

Effective immediately post-merger, Amber International has established various board committees crucial for enhancing corporate governance. The Audit, Compensation, Corporate Governance and Nominating, and Investment Committees are set to play pivotal roles in the oversight and strategic direction of the company. Each committee is led by individuals with extensive experience and proven track records, ensuring that the company adheres to best practices and maintains high standards of accountability.

Despite this fresh start, there were some notable departures in leadership. Mr. Jian Tang and Mr. Dylan Huang, both previous executive members of iClick, have resigned from their respective positions, making way for new leadership aligned with the unified vision of Amber International.

Conclusion

Amber International Holding Limited is poised to become a formidable player in financial services, especially within the realm of digital and decentralized finance. As the company embarks on this new journey, stakeholders and investors remain cautiously optimistic about its potential to innovate and lead in the ever-changing financial landscape. With robust governance, a strategic vision, and a commitment to excellence, Amber International appears ready to leverage its unique position within the market, setting the stage for future accomplishments in the competitive Web3 space.