iClick announced that it has cancelled the merger agreement and plans with TSH Investment and its subsidiary TSH Merger Sub.
The Zhitong Finance App learned that ICLK.US (ICLK.US) announced that it has cancelled the merger agreement and plan with TSH Investment and its subsidiary TSH Merger Sub. Meanwhile, iClick required TSH Investment to pay $1.8 million in contract termination fees. Due to the termination of the merger agreement, the proposed merger will not be completed.