iClick Interactive Asia Group Limited Enters into a Definitive Merger Agreement with Amber DWM Holding Limited, a Leading Asian Digital Wealth Management Services Provider
1. iClick announced a merger with Amber DWM to enhance digital wealth management. 2. The merged entity will change its name to 'Amber International Holding Limited'. 3. iClick is valued at $40 million, while Amber DWM is valued at $360 million. 4. Shareholders will own approximately 10% of the combined company after the merger. 5. The completion is subject to shareholder approval and regulatory conditions.