IPO - Click Holdings Ltd.
Form Type: F-1/A
Filing Date: 2025-03-27
Corporate Action: Ipo
Type: New
Accession Number: 000101376225003127
Filing Summary: Click Holdings Limited filed an amendment to its Registration Statement on Form F-1 with the Securities and Exchange Commission, indicating its intention to offer and sell up to 13,800,000 ordinary shares at an assumed price of $0.60 per share, with a final price to be determined through negotiations. The shares are listed on the Nasdaq under the symbol 'CLIK'. The document discusses the company's status as an emerging growth company incorporated in the British Virgin Islands, with operations conducted through subsidiaries in Hong Kong. It details the potential risks associated with regulatory changes in China that may affect the company's operations and the value of its securities. The document highlights the company's reliance on its subsidiaries, JFY Corporate Services and Click Services, for generating revenue and warns investors of the legal and operational risks present due to the oversight by the PRC government. The sale of securities is subject to market conditions and may significantly differ from the proposed offering price.
Additional details:
Address: Unit 709, 7/F., Ocean Centre, 5 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
Telephone Number: +852 3758 2780
Agent For Service: Cogency Global Inc., 122 East 42nd Street, 18th Floor, New York, NY 10168
Agent Telephone Number: +1 800-221-0102
Offering Amount: 13800000
Offering Price Per Share: 0.6
Final Offering Price: 2.56
Placement Agents: Pacific Century Securities LLC and Revere Securities LLC
Placement Agents Fee: 7% of gross proceeds
Proceeds To Company: $7,700,400
Form Type: F-1
Filing Date: 2025-03-19
Corporate Action: Ipo
Type: New
Accession Number: 000121390025025112
Filing Summary: Click Holdings Limited has filed a registration statement for an initial public offering (IPO) of up to 13,800,000 ordinary shares, with a par value of US$0.0001 per share. The assumed offering price is US$0.6 per share, which may be adjusted based on market conditions at the time of pricing. The shares are listed under the symbol 'CLIK' on the Nasdaq Capital Market. The proceeds from the offering are intended for immediate use, pending the effectiveness of the registration statement. The company emphasizes that it is an emerging growth company and a foreign private issuer, which will allow it to adhere to reduced public reporting requirements. The document details the risks associated with its structure as a British Virgin Islands holding company with operations in Hong Kong, and the potential regulatory risks posed by Chinese government oversight on operations. The prospectus also includes information regarding placement agents, commission rates, and the uncertainties surrounding regulatory approvals and market conditions, which could impact the offering and the value of its securities. Lastly, the document warns investors of the high degree of risk involved in investing in their shares, including the risk of losing the entire investment.
Additional details:
Approximate Date Of Commencement Of Proposed Sale To The Public: As soon as practicable after effectiveness of this registration statement.
Offering Shares: 13,800,000
Offering Price Per Share: 0.6
Last Reported Sale Price On Nasdaq: 1.64
Placement Agents: Pacific Century Securities LLC, Revere Securities LLC
Placement Agents Commissions: 7% of the gross proceeds
Proceeds To Us Before Expenses: 7,700,400
Dividend Paid: HK$2,500,000 (US$320,513) on December 31, 2023
Auditor Name: Wei, Wei & Co., LLP
Auditor Location: Flushing, New York, USA
Auditor Inspection Status: Subject to PCAOB inspections
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