Amber Group to Merge with iClick, Trade as AMBR on Nasdaq by 2025

Generated by AI AgentCoin World
Wednesday, Mar 12, 2025 11:38 am ET1min read

Amber Group, a leading entity in the digital asset trading and technology sector, has announced its merger with iClick Interactive Asia Group Limited. The merger, set to be finalized on or around March 12, 2025, represents a pivotal moment for both companies. Following the completion of the merger, the combined entity will commence trading on the Nasdaq under the new ticker symbol "AMBR." The company will also undergo a name change to Amber International Holding Limited, signifying its expanded scope and enhanced market positioning.

The merger involves a comprehensive restructuring process and has received the necessary regulatory approvals. This strategic move is anticipated to streamline operations and bolster the company's market presence, offering significant benefits to stakeholders. The merger aims to leverage the strengths of both companies, combining Amber Group's expertise in digital asset trading and technology with iClick's extensive experience in online marketing and enterprise solutions.

iClick Interactive Asia Group Limited, founded in 2009, has established itself as a leading provider of online marketing and enterprise solutions in Asia. The company offers a full suite of data-driven solutions designed to help brands drive business growth and profitability throughout the consumer lifecycle. This merger will enable Amber Group to expand its reach and diversify its service offerings, positioning itself as a comprehensive digital solutions provider.

The merger is a strategic move that aligns with the growing demand for integrated digital solutions in the market. By combining their expertise, Amber Group and iClick Interactive Asia Group Limited aim to create a more robust and versatile platform that can cater to a wider range of client needs. This move is expected to enhance the company's competitive edge and drive long-term growth.

The merger also signifies a shift in the company's market strategy, as it seeks to capitalize on the increasing demand for digital asset trading and technology solutions. The new ticker symbol "AMBR" and the renamed company, Amber International Holding Limited, reflect this strategic pivot and the company's commitment to innovation and growth. The merger is expected to have a positive impact on the company's market positioning and stakeholder value, as it continues to expand its service offerings and enhance its operational efficiency.

Amber DWM, the holding entity of Amber Group's digital wealth management business, Amber Premium, will continue to exist as a legal entity and become a wholly-owned subsidiary of the company. This restructuring is part of the broader merger process, ensuring that Amber Group's digital wealth management services remain a core component of its offerings.

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