iClick reveals shocking decisions at extraordinary general meeting

In Hong Kong, on January 3, 2025, iClick Interactive Asia Group Limited held an extraordinary general meeting of shareholders. During this meeting, shareholders voted on several important proposals regarding a merger agreement with Overlord Merger Sub Ltd. and Amber DWM Holding Limited, originally dated November 29, 2024. The merger aims to combine the companies, with Amber DWM surviving as a wholly-owned subsidiary of iClick. Also approved was a change of the company's name to Amber International Holding Limited, which will take effect immediately before the merger's completion. Additionally, the meeting addressed the re-designation of authorized shares. The company's share capital will be varied to include newly issued Class A ordinary shares and Class B ordinary shares. This involves converting certain Class B Shares to Class A Shares upon the merger's closing. Wing Hong Sammy Hsieh will be authorized to finalize all necessary actions related to the merger agreement and subsequent changes. The completion of this merger is contingent upon satisfying various closing conditions outlined in the merger agreement. These include receiving regulatory approvals and ensuring that other conditions precedent are met. iClick intends to expedite these processes and finalize the merger as promptly as possible. Shareholders demonstrated their support for the merger and related proposals, rendering an adjournment proposal irrelevant. Each proposal received the required votes, enabling iClick's strategic transition as it moves forward in its business ventures. The company’s direction reflects an evolving landscape, and its forthcoming actions may significantly impact its operational strategies and market position moving forward.