iClick Interactive Asia Group (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced that its board of directors has formed a special committee consisting of four independent directors, Dylan Huang, Lub Bun Chong, Matthew Chu Pong Fong and Philip Kan. The special committee will evaluate and consider the previously announced unsolicited preliminary non-binding indicative offer dated Oct. 13, 2021, from Infinity Equity Management Co. Ltd. and the previously announced unsolicited preliminary non-binding indicative offer dated Sept. 23, 2021, from PAG Pegasus Fund LP and Oasis Management Company (the “prior proposals”) as well as other potential strategic alternatives that the company may pursue. The special committee has engaged Nomura International (Hong Kong) Limited as its financial advisor to assist in the evaluation.
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About iClick Interactive Asia Group Limited
Founded in 2009, iClick 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 11 locations across 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
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