Amber DWM to merge with iclick to transform digital wealth and blockchain-based finance

Amber Group’s digital wealth management subsidiary, Amber DWM Holding Limited, has signed a definitive merger agreement with Nasdaq-listed iClick Interactive Asia Group Limited, marking a milestone moment in the evolution of blockchain-based finance. Under the terms of the agreement, Amber DWM will merge with Overlord Merger Sub Ltd., a wholly owned subsidiary of iClick, with Amber DWM becoming a fully owned subsidiary of iClick. Shareholders of Amber DWM will exchange their shares for newly issued Class A and Class B ordinary shares of iClick in a transaction exempt from U.S. Securities Act registration requirements.

Amber Premium, the flagship brand of Amber DWM, is widely regarded as a leader in digital wealth management, offering institutional-grade solutions tailored to the needs of the growing Web3 economy. The platform serves institutional clients and high-net-worth individuals, providing crypto-focused services that meet the demand for secure, innovative, and personalized financial products. This merger is expected to enhance Amber Premium’s ability to offer advanced digital integration by leveraging iClick’s expertise in marketing analytics and enterprise technology.

Bridging fintech marketing synergy with blockchain-based finance

Wayne Huo, CEO of Amber DWM, described the merger as a transformative step toward redefining the digital financial ecosystem. He emphasized that integrating Amber Premium’s digital wealth management services with iClick’s enterprise marketing solutions will create an ecosystem capable of delivering innovative solutions for the Web3 economy solutions market.

On the other side, iClick Chairman and CEO Jian Tang highlighted the strategic opportunity to expand iClick’s portfolio by blending its analytics and marketing technology with Amber Premium’s crypto-oriented platform. He stated that the collaboration is set to unlock synergies across fintech marketing synergy, benefiting corporate clients and high-net-worth individuals navigating the rapidly evolving financial landscape.

Redefining value creation in web3 economy solutions

The transaction values Amber DWM at $360 million and iClick at $40 million on a fully diluted equity basis. Once the merger is finalized, Amber DWM shareholders will own 90% of the combined entity, wielding 97% of its voting power, while iClick shareholders will retain 10% of the equity and 3% of voting power.

As part of the agreement, iClick will undergo a significant transformation, rebranding itself as “Amber International Holding Limited” and adopting a dual-class share structure. This restructuring reflects the combined entity’s focus on aligning its operations with the expanding demand for blockchain-based finance.

The merger has been approved by the boards of both companies, but it is subject to regulatory approvals, shareholder votes, and other closing conditions. Amber DWM shareholders have committed to a 12-month lock-up period for the shares they receive, underscoring their confidence in the future of the merged entity. The agreement includes a long-stop date of June 30, 2025, providing a clear timeline for completing the merger.

Institutional-grade solutions meet crypto-focused services

Amber DWM’s reputation for providing secure, institutional-grade solutions tailored to the Web3 economy perfectly complements iClick’s advanced marketing technology. This merger is expected to drive growth in crypto-focused services, offering a seamless integration of digital wealth management with data-driven marketing solutions.

The combined entity aims to lead the way in advanced digital integration, enabling both companies to redefine how value is created and exchanged in the digital economy. This partnership signifies a new era of innovation, bridging traditional finance with the burgeoning world of blockchain and Web3 technologies.

By focusing on digital wealth management and fintech marketing synergy, Amber Group and iClick are well-positioned to transform the financial services landscape, offering unparalleled solutions to institutional clients and high-net-worth individuals alike.