Update on the proposed Amalgamation of InMobi Pte. Ltd. ("InMobi SG") with InMobi Technology Services Private Limited ("ITSPL") via a scheme of arrangement (the "Scheme") between InMobi SG and the shareholders of InMobi SG (the "InMobi SG Shareholders")
Update on the proposed Amalgamation of InMobi Pte. Ltd. ("InMobi SG") with InMobi Technology Services Private Limited ("ITSPL") via a scheme of arrangement (the "Scheme") between InMobi SG and the shareholders of InMobi SG (the "InMobi SG Shareholders")
Dear Business Partner,
- We hope this message finds you well.
- In view of your business relationship with the InMobi Group, we are writing to inform you of certain updates on the internal reorganisation of the InMobi Group.
- As previously notified, as part of the internal reorganisation, all of InMobi SG's rights, interests, obligations and liabilities under its agreement(s) with you (the "Agreement(s)") have been assigned and novated to InMobi Technology Services Pte. Ltd. with effect from 31 March 2026.
- Without prejudice to the aforementioned assignment and novation, as part of the internal reorganisation, InMobi SG is undertaking a Scheme between InMobi SG and the InMobi SG Shareholders to effect an amalgamation between InMobi SG and ITSPL, pursuant to which and in accordance with the terms thereof, inter alia, the whole of the undertaking and of the property and liabilities of InMobi SG shall be transferred to and vest in ITSPL, and all InMobi SG Shareholders shall become shareholders of ITSPL.
- In connection with the foregoing, on 12 August 2026, the High Court of Singapore (the "Singapore Court") granted, amongst others, the following orders (the "Singapore Court Order"):
- the Scheme is approved;
- the whole of the undertaking and of the property (i.e. including all assets) and liabilities of InMobi SG shall be transferred to and vest in ITSPL in accordance with the terms of the Scheme;
- upon the coming into effect of the Scheme and with effect from the effective date of the Scheme, any legal proceedings pending by or against InMobi SG shall be continued by or against ITSPL; and
- upon the coming into effect of the Scheme and with effect from the effective date of the Scheme (which will be notified in writing by or on behalf of InMobi SG to the Accounting and Corporate Regulatory Authority of Singapore), InMobi SG shall be dissolved, without winding up.
- Pursuant to the terms of the Scheme, the boards of InMobi SG and ITSPL have passed resolutions to determine that the effective date of the Scheme will be on 18 September 2026.
- On the effective date of the Scheme, among other things:
- the whole of the undertaking and of the property (i.e. including all assets) and liabilities of InMobi SG shall be transferred to and vest in ITSPL in accordance with the terms of the Scheme;
- any legal proceedings pending by or against InMobi SG shall be continued by or against ITSPL; and
- InMobi SG shall be dissolved, without winding up.
- For the avoidance of doubt, the undertaking, property and liabilities of InMobi SG referred to above at paragraph 7(a) do not include the Agreement(s) which have been assigned / novated to InMobi Technology Services Pte. Ltd. with effect from 31 March 2026 as mentioned at paragraph 3 above. No further action from you is required in this regard.
- Should you require any clarification or further information, please reach out to your InMobi account representative. We value our relationship and look forward to continuing our partnership.
Issued by,
InMobi Pte. Ltd.
(Company Registration No. 200811408G)