Core Viewpoint - iClick Interactive Asia Group Limited is progressing towards closing its merger with Amber DWM Holding Limited, with final Nasdaq approval for the post-merger listing, and will be renamed Amber International Holding Limited, trading under the ticker symbol AMBR starting March 13, 2025 [1][6]. Group 1: Merger Details - The merger involves Merger Sub merging with Amber DWM, which will continue as the surviving entity and become a wholly-owned subsidiary of iClick [3]. - The merger agreement includes a restructuring plan where Amber DWM will acquire 100% equity interest in WhaleFin Markets Limited and certain subsidiaries will assume rights and obligations under contracts of WhaleFin Technologies Limited [3][4]. - The parties have entered into a Framework Agreement to amend and waive certain closing conditions, allowing for alternative arrangements to maintain economic benefits during the regulatory approval process [4]. Group 2: Regulatory Approvals - Local regulatory approvals are required for the DWM Asset Restructuring and for iClick to become a controller in Sparrow Tech Private Limited, an indirect subsidiary of Amber DWM [3]. - The Framework Agreement allows for the completion of the DWM Asset Restructuring and the transition of Sparrow Tech Private Limited to become an indirect subsidiary of iClick upon receiving the necessary regulatory approvals [4]. Group 3: Nasdaq Listing - Nasdaq approval for the listing was received on March 11, 2025, with all conditions precedent to the merger closing expected to be satisfied [6]. - The American Depositary Shares (ADSs), representing five Class A ordinary shares, will begin trading on the Nasdaq Global Market under the new name Amber International Holding Limited and the new ticker symbol AMBR on or about March 13, 2025 [6].
iClick Interactive Asia Group Limited Announces Plan for Closing on Merger with Amber DWM and Confirms Nasdaq Listing Under New Ticker "AMBR"