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Form 144 Notice of Proposed Sale filed by Amber International Holding (NASDAQ: ICLK) discloses Director Wing Hong Sammy Hsieh's intent to sell 504,822 American Depositary Shares (ADS) with an aggregate market value of $5,643,909.96 through Citigroup Global Markets.
Key details of the proposed sale:
- Shares represent founder's equity and follow-on offering shares acquired on December 31, 2020
- Sale represents approximately 1.07% of total outstanding shares (47,390,657 shares)
- Planned execution date: June 27, 2025
- Trading venue: Nasdaq Global Market
The filing confirms the securities are more than one year old and the sale volume complies with the previous 4-weeks trading volume requirements. The seller has declared no knowledge of undisclosed material adverse information regarding the issuer's operations.