According to a report by PR Newswire, iClick Interactive Asia Group Limited (“iClick” or “the Company”) (NASDAQ: ICLK) announced that it has entered into a definitive agreement and merger plan (“Merger Agreement”) with Overlord Merger Sub Ltd. (“Merger Sub”), a Cayman Islands exempt company and a direct wholly-owned subsidiary of iClick and Amber DWM Holding Limited (“Amber DWM”). Amber DWM is a Cayman Islands exempt company and the holding entity of Amber Group's digital wealth management business, referred to as Amber Premium (“Amber Premium”). Under the Merger Agreement, Merger Sub will merge with Amber DWM, with Amber DWM continuing as the surviving entity and becoming a wholly-owned subsidiary of the Company (“Merger”). The shareholders of Amber DWM will exchange all of Amber DWM's issued and outstanding capital stock for newly issued Class A and Class B common stock of the Company in accordance with the terms and conditions specified in the Merger Agreement, and the transaction is not subject to registration requirements under the Securities Act of 1933. The equity value of the Company is $40 million, and the equity value of Amber DWM is $360 million (assuming certain restructurings specified in the Merger Agreement are completed). Upon completion of the Merger, shareholders of Amber DWM and iClick shareholders (including ADS holders) will own approximately 90% and 10% of the outstanding shares of the merged company, respectively, or 97% and 3% of the voting rights, respectively. The Merger Agreement also stipulates that upon completion of the Merger (“Completion”), the Company will be renamed “Amber International Holding Limited” and will immediately adopt the Company's Tenth Amended and Restated Certificate of Incorporation prior to the effective time of the Merger, after which the authorized capital stock of the Company will consist solely of Class A common stock and Class B common stock (with differing voting rights but equal economic rights), each with a par value of $0.001.