Cleary Gottlieb represented iClick Interactive Asia Limited in its $60 million private placement of preference shares to BlueFocus International Investment Limited. The subscription agreement was signed on December 16, and the investment closed on December 30.
iClick is a Chinese internet advertising and marketing company. Cleary has previously represented iClick in connection with the private placement of its shares. BlueFocus International Investment Limited is a wholly-owned subsidiary of BlueFocus Communications Group, a Shenzhen Stock Exchange-listed company focused on providing brand management solutions in China.