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
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