Amber International raises $25.5 million in private placement

SINGAPORE - Amber International Holding Limited (NASDAQ:AMBR), a crypto financial services provider with a market capitalization of $835 million, has raised $25.5 million through a private placement to institutional investors to advance its $100 million Crypto Ecosystem Reserve Strategy, according to a press release statement issued Thursday. According to InvestingPro analysis, the company maintains a strong liquidity position, with cash reserves exceeding its debt obligations.

The institutional investors subscribed at $10.45 per American Depositary Share (ADS), representing a 5% discount to the three-day volume-weighted average price between June 25-27, 2025. This equates to $2.09 per Class A ordinary share, based on the 5:1 ratio of shares to ADSs. The stock has experienced significant pressure recently, with InvestingPro data showing a 16% decline in the past week, trading at $9.22, well below its 52-week high of $13.09.

The private placement involved issuing 12,200,915 Class A ordinary shares, equivalent to 2,440,183 ADSs. Participating investors included CMAG Funds, Mile Green, Pantera Capital, Choco Up, and Kingkey Financial International Holdings Limited (1468.HK).

Amber International, which operates under the brand name "Amber Premium," plans to use the proceeds to enhance its Crypto Reserve initiative announced earlier this year. The company reports that the reserve has already been allocated toward major digital assets including Bitcoin, Ethereum, and Solana, with ongoing deployment into Binance Coin, Ripple, and Sui.

The company claims the reserve will support blockchain innovation projects and strengthen its position in Web3 financial infrastructure, particularly in areas such as Real World Assets and AgentFi.

Amber International describes itself as a provider of institutional crypto financial services and solutions, offering market access, execution infrastructure, and investment solutions to institutions and high-net-worth individuals. While the company maintains a healthy current ratio of 1.13, InvestingPro analysis indicates challenges with profitability, as reflected in its negative EBITDA of $3.33 million in the last twelve months. InvestingPro subscribers can access 5 additional key insights about AMBR’s financial health and growth prospects.

In other recent news, Amber International Holding Limited has announced several key developments. The company has secured $25.5 million in a private placement with investors such as Mile Green, Harvest Capital, Pantera Capital, and Choco Up. This funding is intended to support Amber International’s expansion in the U.S. and Southeast Asia, focusing on crypto reserve strategies and AI projects. In a strategic move, Amber International has also set up a $100 million crypto ecosystem reserve aimed at investing in high-conviction digital assets like Bitcoin and Ethereum. Additionally, the company has acquired Sparrow Tech Private Limited, a digital asset service provider in Singapore, to enhance its offerings and comply with local regulatory standards. Amber International has appointed an AI agent named MIA as its corporate ambassador, highlighting its commitment to integrating AI into its operations. The company plans to release its fiscal year 2024 financial results on April 28, 2025, followed by an earnings call to discuss its financial performance. These recent developments reflect Amber International’s ongoing efforts to strengthen its position in the digital finance sector.

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