QualityStocksNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Updates Follow-On Offering Quantity, Price
iClick Interactive Asia Group (NASDAQ: ICLK), a China-based independent online marketing and enterprise data solutions provider, has released updated information regarding the share quantity and price of its follow-on offering, which was announced earlier this week. The original announcement outlined an offering of up to 7,922,787 American depositary shares ("ADSs"), with two ADSs representing one Class A ordinary share of the company, par value $0.001 per share; those numbers have been upsized to 8,500,001 ADSs with a price increase of $8.50 per ADS. iClick itself is offering 6,877,214 ADSs while shareholder Sumitomo Corporation Equity Asia Limited is offering the remaining 1,622,787 ADSs. Two of…