IClick Interactive Asia Group Limited Announces Termination of Merger Agreement
IClick Interactive Asia Group Limited Announces Termination of Merger Agreement
HONG KONG, April 26, 2024 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced the termination of the previously announced agreement and plan of merger, dated as of November 24, 2023 (the "Merger Agreement"), by and among the Company, TSH Investment Holding Limited (the "Parent") and TSH Merger Sub Limited (the "Merger Sub").
香港，2024年4月26日 /PRNewswire/ — 中国领先的企业和营销云平台iClick Interactive Asia Group Limited（“iClick” 或 “公司”）（纳斯达克股票代码：ICLK）今天宣布终止先前宣布的截至2023年11月24日TS的协议和合并计划（“合并协议”）（“合并协议”）H投资控股有限公司（“母公司”）和TSH合并子有限公司（“合并子公司”）。
On March 29, 2024, the Company delivered to the Parent a notice (the "Closing Notice") confirming the satisfaction of the closing conditions under the Merger Agreement (other than those conditions that by their nature are to be satisfied by actions taken at the Closing as defined below) and that the Company is ready, willing and able to consummate the closing contemplated under the Merger Agreement (the "Closing"). Since the delivery of the Closing Notice, the Company has been communicating and cooperating with the Parent, Merger Sub and their representatives towards the Closing, but the Parent and Merger Sub have failed to complete the Closing within ten (10) Business Days following the delivery date of the Closing Notice pursuant to Section 8.03(b) of the Merger Agreement.
2024年3月29日，公司向母公司发送了一份通知（“结算通知”），确认合并协议中的成交条件（按其性质需要通过下文定义的收盘时采取的行动来满足的条件除外），并且公司已准备好、愿意并且能够完成合并协议中设想的结算（“收盘”）。自截止通知发布以来，公司一直在与母公司、合并子公司及其代表就收盘事宜进行沟通与合作，但母公司和合并子公司未能根据合并协议第8.03（b）条在截止通知交付之日后的十（10）个工作日内完成结算。
On April 26, 2024, the Company (acting upon the recommendation of the Special Committee) sent a notice of termination to the Parent and the Merger Sub pursuant to Section 8.03(b) of the Merger Agreement, notifying the Parent and the Merger Sub that the Company is exercising its right to terminate the Merger Agreement pursuant to Section 8.03(b) of the Merger Agreement and demanding the Parent to pay the US$1,800,000 termination fee pursuant to Section 8.06(b) of the Merger Agreement by May 9, 2024. As a result of the termination of the Merger Agreement, the proposed merger will not be completed.
2024年4月26日，公司（根据特别委员会的建议行事）根据合并协议第8.03（b）条向母公司和合并子公司发出终止通知，通知母公司和合并子公司，公司正在根据合并协议第8.03（b）条行使终止合并协议的权利，并要求母公司根据第8.06（b）条支付1800,000美元的终止费）在 2024 年 5 月 9 日之前签订合并协议。由于合并协议的终止，拟议的合并将无法完成。
About iClick Interactive Asia Group Limited
关于爱点击互动亚洲集团有限公司
Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in eleven locations across Asia and Europe. For more information, please visit ir.i-click.com.
iClick Interactive Asia Group Limited（纳斯达克股票代码：ICLK）成立于2009年，是中国领先的企业和营销云平台。iClick的使命是帮助全球品牌释放智能零售的巨大市场潜力。凭借其领先的专有技术，iClick的全套数据驱动解决方案可帮助品牌在整个消费者生命周期中推动显著的业务增长和盈利能力。iClick总部位于香港，目前在亚洲和欧洲的11个地点开展业务。欲了解更多信息，请访问 ir.i-click.com。
| For investor and media inquiries, please contact: | |
| In China: | In the United States: |
| iClick Interactive Asia Group Limited | Core IR |
| Catherine Chau | Tom Caden |
| Phone: +852 3700 9100 | Phone: +1-516-222-2560 |
| E-mail: ir@i-click.com | E-mail: tomc@coreir.com |
| 投资者和媒体垂询，请联系： | |
| 在中国： | 在美国： |
| iClick Interactive 亚洲集团有限公司 | Core IR |
| 周凯瑟琳 | 汤姆·卡登 |
| 电话：+852 3700 9100 | 电话：+1-516-222-2560 |
| 电子邮件： ir@i-click.com | 电子邮件： tomc@coreir.com |
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SOURCE iClick Interactive Asia Group Limited
来源 iClick Interactive 亚洲集团有限公司
译文内容由第三方软件翻译。