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Click Holdings Limited Announces Closing of Initial Public Offering

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Click Holdings (CLIK), a Hong Kong-based human resources solutions provider, has announced the closing of its initial public offering. The company offered 1,400,000 Ordinary Shares at $4.00 per share, raising gross proceeds of $5.6 million. Trading of the shares began on the Nasdaq Capital Market on October 9, 2024, under the symbol 'CLIK'.

R.F. Lafferty & Co., Inc. acted as the primary underwriter, with Revere Securities as co-manager. The offering was conducted pursuant to the company's registration statement on Form F-1, which was declared effective by the SEC on September 30, 2024. Prospectus and additional information are available through the underwriters and the SEC's website.

Click Holdings (CLIK), un fornitore di soluzioni per le risorse umane con sede a Hong Kong, ha annunciato la chiusura della sua offerta pubblica iniziale. L'azienda ha offerto 1.400.000 azioni ordinarie a 4,00 $ per azione, raccogliendo proventi lordi di 5,6 milioni di dollari. Le contrattazioni delle azioni sono iniziate sul Nasdaq Capital Market il 9 ottobre 2024, sotto il simbolo 'CLIK'.

R.F. Lafferty & Co., Inc. ha agito come principale sottoscrittore, con Revere Securities come co-manager. L'offerta è stata condotta ai sensi della registrazione dell'azienda sulla Form F-1, che è stata dichiarata efficace dalla SEC il 30 settembre 2024. Il prospetto e ulteriori informazioni sono disponibili tramite i sottoscrittori e il sito web della SEC.

Click Holdings (CLIK), un proveedor de soluciones de recursos humanos con sede en Hong Kong, ha anunciado el cierre de su oferta pública inicial. La compañía ofreció 1.400.000 acciones ordinarias a 4,00 $ por acción, recaudando ingresos brutos de 5,6 millones de dólares. La negociación de las acciones comenzó en el Mercado de Capitales de Nasdaq el 9 de octubre de 2024, bajo el símbolo 'CLIK'.

R.F. Lafferty & Co., Inc. actuó como el principal suscriptor, con Revere Securities como co-director. La oferta se llevó a cabo de acuerdo con la declaración de registro de la compañía en el Formulario F-1, que fue declarada efectiva por la SEC el 30 de septiembre de 2024. El prospecto y más información están disponibles a través de los suscriptores y el sitio web de la SEC.

Click Holdings (CLIK)는 홍콩에 본사를 둔 인사 솔루션 제공업체로, 초기 공모의 마감을 발표했습니다. 회사는 1,400,000주를 주당 4.00달러에 제공하여 총 수익 560만 달러를 모금했습니다. 주식 거래는 2024년 10월 9일에 나스닥 자본 시장에서 시작되었으며, 'CLIK' 기호로 거래됩니다.

R.F. Lafferty & Co., Inc.는 주요 인수자 역할을 하였고, Revere Securities가 공동 관리자로 참여했습니다. 이 공모는 회사의 F-1 양식 등록신청에 따라 진행되었으며, 이 등록신청은 2024년 9월 30일 SEC에 의해 유효하다고 선언되었습니다. 투자 설명서 및 추가 정보는 인수자와 SEC 웹사이트를 통해 제공됩니다.

Click Holdings (CLIK), un fournisseur de solutions en ressources humaines basé à Hong Kong, a annoncé la clôture de son introduction en bourse. La société a proposé 1.400.000 actions ordinaires à 4,00 $ l'action, levant ainsi des produits bruts de 5,6 millions de dollars. La négociation des actions a commencé sur le Nasdaq Capital Market le 9 octobre 2024, sous le symbole 'CLIK'.

R.F. Lafferty & Co., Inc. a agi en tant que souscripteur principal, avec Revere Securities en tant que co-responsable. L'offre a été réalisée conformément à la déclaration d'enregistrement de l'entreprise sur le formulaire F-1, qui a été déclarée effective par la SEC le 30 septembre 2024. Le prospectus et des informations supplémentaires sont disponibles par l'intermédiaire des souscripteurs et sur le site Web de la SEC.

Click Holdings (CLIK), ein in Hongkong ansässiger Anbieter von Personallösungen, hat den Abschluss seines Börsengangs bekannt gegeben. Das Unternehmen bot 1.400.000 Stammaktien zu je 4,00 $ an und erzielte brutto Einnahmen von 5,6 Millionen Dollar. Der Handel mit den Aktien begann am 9. Oktober 2024 an der Nasdaq Capital Market unter dem Symbol 'CLIK'.

R.F. Lafferty & Co., Inc. fungierte als Hauptunterzeichner, während Revere Securities als Co-Manager agierte. Die Emission wurde gemäß der Registrierungsanmeldung des Unternehmens auf Formular F-1 durchgeführt, die am 30. September 2024 von der SEC für wirksam erklärt wurde. Der Prospekt und weitere Informationen sind über die Underwriter und die Website der SEC erhältlich.

Positive
  • Successfully completed initial public offering
  • Raised $5.6 million in gross proceeds
  • Shares now trading on Nasdaq Capital Market
  • Expanded access to capital markets for potential future growth
Negative
  • Potential dilution of existing shareholders' ownership
  • Increased regulatory and reporting requirements as a public company
  • Additional expenses related to being publicly traded

Insights

The successful completion of Click Holdings 's IPO marks a significant milestone for the company. Raising $5.6 million in gross proceeds provides CLIK with substantial capital to fuel its growth initiatives in the competitive human resources solutions sector. The pricing at $4.00 per share and the listing on the Nasdaq Capital Market under the symbol "CLIK" offer increased visibility and potential liquidity for investors.

However, it's important to note that with a relatively small offering size of 1.4 million shares, the stock may experience higher volatility and potentially trading volume in the near term. The company's focus on talent sourcing and staffing services across various industries in Hong Kong presents both opportunities and challenges, given the region's dynamic economic landscape.

Investors should closely monitor CLIK's ability to effectively deploy the raised capital, expand its client base and improve its market position. The involvement of reputable underwriters and legal counsel adds credibility to the offering, but as with any newly public company, financial performance and execution of growth strategies will be critical factors to watch in the coming quarters.

Hong Kong, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Click Holdings Limited (“CLIK” or the “Company”), a Hong Kong-based human resources solutions provider primarily focusing on talent sourcing and the provision of temporary and permanent personnel to customers including accounting and professional firms, Hong Kong listed companies, nursing homes, individual patients, logistics companies and warehouses, today announced the closing of its previously announced initial public offering of an aggregate 1,400,000 Ordinary Shares (“the Offering”) at a price of $4.00 per share (“the Offering Price”) to the public, for a total gross proceeds of $5.6 million to the Company, before deducting underwriting discounts and offering expenses.

The Ordinary Shares began trading on the Nasdaq Capital Market on October 9, 2024, under the symbol "CLIK."

R.F. Lafferty & Co., Inc. (“Lafferty”), a full-service broker/dealer, acted as the primary underwriter for the Offering. Revere Securities LLC (“Revere”), a full-service broker/dealer, acted as the co-manager for the Offering. Dorsey & Whitney LLP, David Fong & Co, Beijing Dacheng Law Offices, LLP (Shenzhen) and Ogier are acting as U.S., Hong Kong, PRC and BVI legal counsel to the Company, respectively. Wei, Wei & Co., LLP is acting as the independent accountants of the Company. VCL Law LLP is acting as the U.S. legal counsel to Lafferty and Revere for the Offering.

The Offering is being conducted pursuant to the Company’s registration statement on Form F-1 (File No. 333-280522), as amended, which was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on September 30, 2024. The Offering is being made only by means of a prospectus, which forms part of the registration statement. Copies of the final prospectus related to the Offering may be obtained, when available, from R.F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005, by phone at +1 212 293 9090 or by email at offering@rflafferty.com; or Revere Securities LLC, 560 Lexington Ave 16th floor, New York, NY, 10022, by phone at +1 212 688 2350 or by email at contact@reversesecurities.com. A copy of the final prospectus relating to the Offering can be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Click Holdings Limited
Click Holdings Limited is a human resources solutions provider, specializing in offering comprehensive human resources solutions in three principal sectors, namely (i) professional solution services, (ii) nursing solution services, and (iii) logistics and other solution services. We are primarily focused on talent sourcing and the provision of temporary and permanent personnel to customers. Our primary market is in Hong Kong and our diverse clientele includes accounting and professional firms, Hong Kong listed companies, nursing homes, individual patients, logistics companies and warehouses. We specialize primarily in placing professional accountants and company secretaries, registered nurses and healthcare workers, as well as other blue-collar workers, for direct hire and contract staffing roles. For more information, please visit our website https://clickholdings.com.hk.

FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Luda Technology Group Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

offerings@rflafferty.com
Equity Capital Markets
R. F. Lafferty & Co., Inc.
40 Wall Street, 27th Floor, 
New York, NY 10005
212.293.9090


FAQ

How much did Click Holdings (CLIK) raise in its IPO?

Click Holdings (CLIK) raised gross proceeds of $5.6 million in its initial public offering.

When did Click Holdings (CLIK) begin trading on the Nasdaq?

Click Holdings (CLIK) began trading on the Nasdaq Capital Market on October 9, 2024.

What was the offering price for Click Holdings 's (CLIK) IPO?

The offering price for Click Holdings 's (CLIK) IPO was $4.00 per Ordinary Share.

How many shares did Click Holdings (CLIK) offer in its IPO?

Click Holdings (CLIK) offered an aggregate of 1,400,000 Ordinary Shares in its initial public offering.

Click Holdings Limited Ordinary Share

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