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InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Receives Preliminary Non-Binding Indicative Proposal to Acquire the Company
September 24, 2021

InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Receives Preliminary Non-Binding Indicative Proposal to Acquire the Company

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 received a preliminary non-binding indicative proposal dated Sept. 23, 2021, (“proposal letter”). The proposal letter is from PAG Pegasus Fund LP (acting through its general partner, PAG Pegasus GP Limited) and/or its designated affiliates, entities and co-investors (“PAG Pegasus”) and Oasis Management Company Ltd (“Oasis”) and/or its designated affiliates, entities and co-investors (collectively, the “proposing buyers”). In the letter, proposing buyers seek to acquire all outstanding shares of the company (other than those held by the members of management and other strategic shareholders that may be rolled over in connection with the proposed transaction) for US$6.75 per ADS in cash, subject to certain terms and conditions set forth in the proposal letter (the “proposed transaction”). The board plans to evaluate the proposed transaction but cautions shareholders and others considering trading the company’s securities that it has just received the proposal letter and has not had an opportunity to carefully review or evaluate the proposal or make any decision with respect to the company’s response.

To view the full press release, visit https://ibn.fm/4up2K

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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