iClick Interactive Asia Group (NASDAQ: ICLK), a China-based independent online marketing and enterprise data solutions provider, has closed its follow-on offering of 8,500,001 American depositary shares (“ADSs”). The offering constituted two ADSs representing one Class A ordinary share of the company, par value $0.001 per share. iClick itself sold 6,877,214 ADSs while 1,622,787 ADSs were sold by selling shareholder Sumitomo Corporation Equity Asia Limited. In line with the offering agreement, iClick will not receive any proceeds from the sale of ADSs by Sumitomo Corp. Three company executives — Wing Hong Sammy Hsieh and Jian Tang, iClick co-founders, and CFO Terence Li —purchased a total of 117,646 ADSs at the public offering price. Under the agreement, underwriters have a 30-day option to purchase an additional 15% of the total ADSs sold.
To view the full press release, visit http://ibn.fm/5jApz
About iClick Interactive Asia Group Ltd.
iClick is an independent online marketing and enterprise data-solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, iClick’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in 10 locations worldwide, including Asia and Europe. For more information, please visit ir.i-Click.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 MissionIRNewsBreaks
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.
MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com
Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html
