#Hong Kong #iClick Interactive #Amber DWM #Amber International

iClick Interactive Moves Towards Finalizing Merger with Amber DWM

In a significant development for the digital marketing and wealth management sectors, iClick Interactive Asia Group Limited has announced that it is making strides towards concluding its merger with Amber DWM Holding Limited. This merger isn't just a routine business transaction; it marks a strategic shift set to engage both companies in new market opportunities and enhance their operational capabilities.

On March 12, 2025, iClick released details indicating the successful acquisition of required approvals to push forward with the merger. Following the completion, the company will rebrand itself as Amber International Holding Limited and commence trading under a new ticker symbol AMBR on the Nasdaq Global Market from March 13, 2025. This transition underscores the ambition of both firms to position themselves competitively in an evolving economic landscape.

The merger stipulates that Merger Sub, an entity formed under iClick, will merge with Amber DWM, resulting in Amber DWM becoming a fully-owned subsidiary of the new entity. To facilitate this significant change, iClick entered into a Framework Agreement designed to waive specific terms of the initial merger agreement. This allows for a more expedited process while ensuring that both companies maintain economically beneficial standings.

Part of the merger's framework includes crucial restructuring involving the acquisition of WhaleFin Markets from Amber Global Limited and ensuring that operational responsibilities are duly transitioned prior to the deal's finalization. This restructuring and acquisition not only streamline operations but also align with regulatory requirements, enabling both companies to efficiently move towards unified operations post-merger.

As the companies navigate through the final steps required for closing the merger, they focus on securing all local regulatory approvals, which are a prerequisite not only for the completion of the merger but also crucial for integrating the operations of the involved entities. The expectation is that these approvals should be finalized shortly, allowing for a smooth transition into the new corporate entity.

In the meantime, Nasdaq has granted approval for the new listing of Amber International Holding Limited, further legitimizing the merger and providing a positive outlook on the expected benefits for shareholders and stakeholders. Following the merger and rebranding, each American Depositary Share (ADS) of the new company will represent five Class A ordinary shares, allowing for increased access to investment opportunities for potential investors.

Founded in 2009, iClick has established itself as a leader providing innovative online marketing and enterprise solutions across Asia. Its merger with Amber DWM seeks to leverage its pioneering technologies and rich array of services designed to incentivize business growth throughout the consumer lifecycle.

Amber DWM continues to make strides as a premier digital wealth management platform, catering to a clientele that requires sophisticated services to navigate the digital currencies' dynamic landscape. Its focus on delivering tailored and secure solutions positions it at the forefront of the Web3 economy, a mission that will greatly benefit from this merger.

As this merger progresses, both iClick and Amber DWM anticipate unlocking synergistic potential and elevating their collective market presence, tapping into the digitization trend that shapes today’s economic interactions. Investors and market analysts are keeping a close eye on the developments as this merger signifies a considerable reevaluation of both companies' strategic directions and their commitment to growth in a competitive arena.

In conclusion, the merger of iClick Interactive with Amber DWM represents a key milestone in the evolution of digital marketing and wealth management services. With an impending Nasdaq listing and a robust framework designed for operational success, the future looks promising for both entities as they aim for significant growth in their respective sectors.