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iClick Interactive Asia Group Limited to Hold Extraordinary General Meeting of Shareholders
iClickiClick(US:ICLK) Prnewswireยท2024-02-01 21:25

Core Viewpoint - iClick Interactive Asia Group Limited has announced an extraordinary general meeting (EGM) for shareholders to vote on a proposed merger agreement, which will result in the company becoming privately held and its American depositary shares (ADS) being delisted from Nasdaq [1][2][3]. Group 1: Merger Details - The EGM is scheduled for March 8, 2024, in Hong Kong, where shareholders will consider the merger agreement dated November 24, 2023, involving TSH Investment Holding Limited and its subsidiary [1][2]. - Upon completion of the merger, iClick will become a wholly-owned subsidiary of TSH Investment Holding Limited, and its ADS will no longer be traded on the Nasdaq Global Market [2][3]. - The company's board of directors has unanimously approved the merger agreement and recommends that shareholders vote in favor of the proposal [3]. Group 2: Shareholder Participation - Shareholders of record as of February 15, 2024, will be entitled to attend and vote at the EGM, while ADS holders can instruct JPMorgan Chase Bank to vote on their behalf [4]. - Additional information regarding the merger and EGM can be found in the transaction statement filed with the U.S. Securities and Exchange Commission (SEC) [5]. Group 3: Company Background - iClick Interactive Asia Group Limited, founded in 2009, is a leading enterprise and marketing cloud platform in China, focusing on empowering global brands with data-driven solutions [7]. - The company operates in eleven locations across Asia and Europe, aiming to unlock market potential in smart retail [7].