iClick Interactive Asia Group’s $72.25 Million Shares Offering

Shearman & Sterling represented BofA Securities, Inc., China Renaissance Securities (Hong Kong) Limited, ICBC International Securities Limited and A.G.P./Alliance Global Partners, as joint-bookrunners, and The Benchmark Company, LLC, as co-manager, in the offering.

iClick Interactive Asia Group Limited executed a follow-on offering of 8,500,001 American Depositary Shares (“ADSs”) representing 4,250,000.5 Class A ordinary shares of iClick for a total consideration of $72.25 million. Of the ADSs sold in the Offering, 6,877, 214 ADSs were sold by iClick, and 1,622,787 ADSs were sold by a selling shareholder.

iClick is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Headquartered in Hong Kong, iClick is currently operating in ten locations worldwide including Asia and Europe.

Shearman & Sterling team included Ilir Mujalovic (Picture), Kyungwon (Won) Lee, Philip Urofsky, Jennifer D. Morton, Larry Crouch, Jordan Altman, Ana Aur, Leo Wong, P. Sean Kelly, Jenny Ding Jordan, Taylor Pugliese, Austin Jones, Marie-Alexis Valente, Ilya Mamin, and Ariel Chou.

Involved fees earner: Jordan Altman – Shearman & Sterling; Ana Aur – Shearman & Sterling; Larry Crouch – Shearman & Sterling; Jenny Ding Jordan – Shearman & Sterling; Austin Jones – Shearman & Sterling; Sean Kelly – Shearman & Sterling; Kyungwon Lee – Shearman & Sterling; Jennifer Morton – Shearman & Sterling; Ilir Mujalovic – Shearman & Sterling; Taylor Pugliese – Shearman & Sterling; Philip Urofsky – Shearman & Sterling; Marie-Alexis Valente – Shearman & Sterling; Leo Wong – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Alliance Global Partners Ltd; Bank of America Securities; China Renaissance Securities Limited; ICBC International Securities; The Benchmark Company;

Author: Ambrogio Visconti