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InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Merger Deal

iClick Interactive (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, has entered into a definitive agreement and plan of merger. The agreement is with TSH Investment Holding Limited and TSH Merger Sub Limited. The agreement will result in the company becoming a wholly owned subsidiary of TSH Investment Holding Limited. According to the announcement, funds for the merger will come from a combination of a cash contribution from Rise Chain Investment Limited, debt financing provided by New Age SP II and equity rollover by the rollover shareholders. The announcement noted that the board had unanimously approved the merger agreement and the merger, and unanimously resolved to recommend that iClick shareholders vote to authorize and approve the merger agreement and merger as well. It is anticipated that the merger will close in Q1 2024; the transaction is subject to customary closing conditions including an affirmative vote of shareholders representing at least two-thirds of the voting power of the outstanding shares present and voting in person or by proxy at a meeting of company shareholders.

To view the full press release, visit https://ibn.fm/OqaJp

About iClick Interactive Asia Group Limited

iClick is a leading enterprise and marketing cloud platform in China. The company’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in 11 locations across Asia and Europe. For more information about the company, please visit www.iClick.com.

NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

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