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Correspondence 0001104659-23-108280 from iClick Interactive Asia Group Ltd (ICLK) (CIK 0001697818) (AMBR)

iClick Interactive Asia Group Ltd (ICLK) (CIK 0001697818)
Date: Oct. 10, 2023 · CIK: 0001697818 · Accession: 0001104659-23-108280

AI Filing Summary & Sentiment

File numbers found in text: 001-38313

Referenced dates: August 17, 2023

Date
December 31, 2022
Author
David Zhang
Form
CORRESP
Company
iClick Interactive Asia Group Ltd (ICLK) (CIK 0001697818)

Letter

VIA EDGAR Division of Corporation Finance Re: iClick Interactive Asia Group Limited (the “Company”) Form 20-F for the Year Ended December 31, 2022 (“FY 2022 20-F”) Filed May 11, 2023 File No. 001-38313

Dear Mr. Wiley and Ms. Gowetski:

In response to the comments of the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) dated September 29, 2023 (the “Comment Letter”), the Company submits this letter containing its responses to the Comment Letter via EDGAR to the Commission.

For your convenience, the Staff’s comments from the Comment Letter are repeated below in bold, followed by the Company’s responses. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Company’s response letter dated August 17, 2023 and FY 2022 20-F.

Form 20-F for Fiscal Year Ended December 31, 2022

Item 16I. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections, page 162

1. We note your response to prior comment 2. Item16I(b) of Form 20-F requires that you provide disclosures for yourself and your consolidated foreign operating entities, including variable interest entities or similar structures. Please amend your filing to disclose and quantify any ownership interests held by governmental entities, including any ownership interests held by state-owned enterprises, in all of your consolidated operating entities, including variable interest entities or similar structures. In particular, we note your response states that 8.0% of the equity interest in Anhui Myhayo is owned by Hefei New Economy Industry Development Investment Co., Ltd., which is a PRC state-owned enterprise.

The Company proposes to file an amendment to the FY 2022 20-F in response to the Staff’s comment to disclose and quantify any ownership interests held by governmental entities under Item 16I(b).

The proposed amendment is reproduced below. The Company plans to file the amendment by the end of this October or as soon as it is informed by the Staff that it does not have further comment on the proposed amendment, whichever is earlier.

***

ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

On June 1, 2022, we were conclusively listed by the SEC as a Commission-Identified Issuer under the HFCA Act following the filing of our annual report for the fiscal year ended December 31, 2021. Our auditor, a registered public accounting firm that the PCAOB was not able to inspect or investigate completely in 2021 according to the PCAOB’s December 16, 2021 determinations, issued the audit report for us for the fiscal year ended December 31, 2021. On December 15, 2022, the PCAOB issued a report that vacated its December 16, 2021 determinations and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to completely inspect or investigate the registered public accounting firms. For this reason, we do not expect to be identified as a Commission-Identified Issuer under the HFCA Act after we filed our annual report for the fiscal year ended December 31, 2022.

As of the date of this Amendment, to our best knowledge:

(i) other than the 8.0% equity interest in Anhui Myhayo Technology Co., Ltd. (a subsidiary of the VIE incorporated in mainland China) owned by Hefei New Economy Industry Development Investment Co., Ltd. (a PRC state-owned enterprise), no governmental entities in the Cayman Islands, British Virgin Islands, Singapore, Hong Kong, or mainland China own shares of the Company or its consolidated foreign operating entities, including the VIE entities;

(ii) no governmental entities in any foreign jurisdiction have a controlling financial interest with respect to the Company or its consolidated foreign operating entities, including the VIE entities; and

(iii) none of the members of the board of directors of the Company or its consolidated foreign operating entities, including the VIE entities, is an official of the Chinese Communist Party.

In addition, none of the memorandum and articles of association (or equivalent organizing document) of the Company or its consolidated foreign operating entities, including the VIE entities, contains any charter of the Chinese Communist Party, including the text of any such charter.

If you have any questions regarding the FY 2022 20-F or the proposed amendment, please contact Mr. David Zhang, the Chief Financial Officer of iClick Interactive Asia Group Limited, by telephone at +852 3700 9000 or via e-mail at david.zhang@i-click.com.

Very truly yours,
By:
/s/
David Zhang

Show Raw Text
CORRESP
1
filename1.htm

iClick Interactive
Asia Group Limited

15/F Prosperity
Millennia Plaza

663 King’s
Road, Quarry Bay

Hong Kong S.A.R.,
People’s Republic of China

October 10,
2023

VIA EDGAR

Kyle Wiley

Jennifer Gowetski

Division of Corporation Finance

Disclosure Review Program

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Re: iClick Interactive
                                            Asia Group Limited (the “Company”)

Form 20-F for the
Year Ended December 31, 2022 (“FY 2022 20-F”)

Filed May 11, 2023

File No. 001-38313

Dear Mr. Wiley
and Ms. Gowetski:

In
response to the comments of the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”)
dated September 29, 2023 (the “Comment Letter”), the Company submits this letter
containing its responses to the Comment Letter via EDGAR to the Commission.

For your convenience,
the Staff’s comments from the Comment Letter are repeated below in bold, followed by the Company’s responses. Capitalized
terms used but not otherwise defined herein have the meanings set forth in the Company’s response letter dated August 17,
2023 and FY 2022 20-F.

Form 20-F for Fiscal Year
Ended December 31, 2022

Item
16I. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections, page 162

1. We note your response to prior comment 2. Item16I(b) of
                                        Form 20-F requires that you provide disclosures for yourself and your consolidated foreign
                                        operating entities, including variable interest entities or similar structures. Please amend
                                        your filing to disclose and quantify any ownership interests held by governmental entities, including
                                        any ownership interests held by state-owned enterprises, in all of your consolidated operating
                                        entities, including variable interest entities or similar structures. In particular, we note
                                        your response states that 8.0% of the equity interest in Anhui Myhayo is owned by Hefei New Economy
                                        Industry Development Investment Co., Ltd., which is a PRC state-owned enterprise.

The Company proposes
to file an amendment to the FY 2022 20-F in response to the Staff’s comment to disclose and quantify any ownership interests held
by governmental entities under Item 16I(b).

The proposed amendment
is reproduced below. The Company plans to file the amendment by the end of this October or as soon as it is informed by the Staff
that it does not have further comment on the proposed amendment, whichever is earlier.

***

ITEM 16I. DISCLOSURE REGARDING FOREIGN
JURISDICTIONS THAT PREVENT INSPECTIONS

On June 1, 2022, we were conclusively
listed by the SEC as a Commission-Identified Issuer under the HFCA Act following the filing of our annual report for the fiscal year
ended December 31, 2021. Our auditor, a registered public accounting firm that the PCAOB was not able to inspect or investigate
completely in 2021 according to the PCAOB’s December 16, 2021 determinations, issued the audit report for us for the fiscal
year ended December 31, 2021. On December 15, 2022, the PCAOB issued a report that vacated its December 16, 2021 determinations
and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to completely inspect or investigate the registered
public accounting firms. For this reason, we do not expect to be identified as a Commission-Identified Issuer under the HFCA Act after
we filed our annual report for the fiscal year ended December 31, 2022.

As of the date of this Amendment, to
our best knowledge:

(i) other than the 8.0% equity
interest in Anhui Myhayo Technology Co., Ltd. (a subsidiary of the VIE incorporated in mainland China) owned by Hefei New Economy
Industry Development Investment Co., Ltd. (a PRC state-owned enterprise), no governmental entities in the Cayman Islands, British
Virgin Islands, Singapore, Hong Kong, or mainland China own shares of the Company or its consolidated foreign operating entities, including
the VIE entities;

(ii) no governmental entities in
any foreign jurisdiction have a controlling financial interest with respect to the Company or its consolidated foreign operating entities,
including the VIE entities; and

(iii) none of the members of the
board of directors of the Company or its consolidated foreign operating entities, including the VIE entities, is an official of the Chinese
Communist Party.

In addition, none of the memorandum
and articles of association (or equivalent organizing document) of the Company or its consolidated foreign operating entities, including
the VIE entities, contains any charter of the Chinese Communist Party, including the text of any such charter.

If you have any
questions regarding the FY 2022 20-F or the proposed amendment, please contact Mr. David Zhang, the Chief Financial Officer of iClick
Interactive Asia Group Limited, by telephone at +852 3700 9000 or via e-mail at david.zhang@i-click.com.

    Very truly yours,

    By:
    /s/
    David Zhang

    Name:
    David Zhang

    Title:
    Chief Financial Officer

cc: Ms. Shuang Zhao, Partner, Cleary
Gottlieb Steen & Hamilton LLP