According to the official press release, Asia-based cryptocurrency financial services company Amber Group’s subsidiary, Amber International Holding Ltd., successfully went public on Nasdaq through a SPAC (Special Purpose Acquisition Company) on Thursday, with its stock price surging 19% on the first trading day, closing at $11.
Amber International completed its merger with Interactive Asia Group and Amber DWM on Wednesday, subsequently changing its trading code from “ICLK” to “AMBR,” officially commencing trading on Nasdaq. Amber International CEO Wayne Huo stated:
“By listing on Nasdaq, we not only enhance the company’s transparency and market credibility but also further strengthen our commitment to providing secure, compliant, and scalable financial solutions within the digital asset ecosystem.”
The brand “Amber Premium” under Amber International focuses on cryptocurrency financial services for institutional investors and high-net-worth clients. With the successful listing, the company’s future business development and performance may attract more market attention than ever before.