iClick Interactive Asia Group Limited (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it closed the follow-on offering of 8,500,001 American depositary shares, with two ADSs representing one Class A ordinary share of the Company, par value US$0.001 per share.
Of the ADSs sold in the Offering, 6,877,214 ADSs were sold by iClick, and 1,622,787 ADSs were sold by Sumitomo Corporation Equity Asia Limited, a selling shareholder. iClick will not receive any proceeds from the sale of ADSs by such selling shareholder. In connection with the Offering, iClick has granted the underwriters a 30-day option to purchase up to an additional 15% of the total ADSs sold in the Offering.
Mr. Wing Hong Sammy Hsieh and Mr. Jian Tang, two of the Company's principal shareholders and co-founders, and Mr. Terence Li, chief financial officer of the Company, have purchased an aggregate of 117,646 ADSs in the Offering at the public offering price, with respect to which the underwriters did not receive any underwriting discounts or commissions.
iClick's ADSs are listed on the NASDAQ Global Market under the symbol "ICLK." BofA Securities, Inc. acted as the lead left book-running manager for the Offering, while China Renaissance Securities (Hong Kong) Limited, ICBC International Securities Limited[1] and A.G.P./Alliance Global Partners acted as joint book-running managers for the Offering. The Benchmark Company, LLC acted as co-manager for the Offering. Roth Capital Partners, LLC acted as financial advisor to the Company in connection with the Offering.
About iClick Interactive Asia Group Limited
iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our 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 ten locations worldwide including Asia and Europe.










