Deep Tide TechFlow news, on December 1, NASDAQ-listed company iClick announced that it has signed a definitive merger agreement with Amber DWM subsidiary Overlord Merger (Merger Sub). Upon completion of the merger, shareholders of Amber DWM and iClick (including ADS holders) will respectively hold approximately 90% and 10% of the issued shares of the combined company based on their respective shareholdings before the merger, or about 97% and 3% of the voting rights of the combined company.
Merger Sub is an exempt company in the Cayman Islands and is a direct wholly-owned subsidiary of iClick and Amber DWM. Amber DWM is the holding entity of Amber Group's digital wealth management business, Amber Premium.