CLIK Announces Pricing of $8.28 Million Public Offering of Ordinary Shares
Click Holdings (NASDAQ: CLIK), a Hong Kong-based HR solutions provider specializing in Seniors Nursing Care, Logistics, and Professional HR services, has announced the pricing of its public offering of 13,800,000 ordinary shares at $0.6 per share.
The offering is expected to generate gross proceeds of approximately $8.28 million before deducting placement agent fees and other expenses. The closing is anticipated on April 2, 2025, subject to customary conditions.
Pacific Century Securities and Revere Securities are serving as co-placement agents for this offering, which is being conducted pursuant to an SEC-declared effective registration statement on Form F-1.
Click Holdings (NASDAQ: CLIK), un fornitore di soluzioni HR con sede a Hong Kong specializzato in assistenza agli anziani, logistica e servizi HR professionali, ha annunciato il prezzo della sua offerta pubblica di 13.800.000 azioni ordinarie a 0,6 $ per azione.
Si prevede che l'offerta genererà proventi lordi di circa 8,28 milioni di dollari prima della detrazione delle commissioni degli agenti di collocamento e di altre spese. La chiusura è prevista per il 2 aprile 2025, soggetta a condizioni consuete.
Pacific Century Securities e Revere Securities stanno fungendo da co-agenti di collocamento per questa offerta, che viene condotta in base a una dichiarazione di registrazione efficace dichiarata dalla SEC sul modulo F-1.
Click Holdings (NASDAQ: CLIK), un proveedor de soluciones de recursos humanos con sede en Hong Kong especializado en cuidado de ancianos, logística y servicios profesionales de recursos humanos, ha anunciado el precio de su oferta pública de 13,800,000 acciones ordinarias a $0.6 por acción.
Se espera que la oferta genere ingresos brutos de aproximadamente $8.28 millones antes de deducir las comisiones de los agentes de colocación y otros gastos. Se anticipa que el cierre tendrá lugar el 2 de abril de 2025, sujeto a condiciones habituales.
Pacific Century Securities y Revere Securities están actuando como co-agentes de colocación para esta oferta, que se lleva a cabo de acuerdo con una declaración de registro efectiva declarada por la SEC en el Formulario F-1.
Click Holdings (NASDAQ: CLIK)는 홍콩에 본사를 둔 인사 솔루션 제공업체로, 노인 간호, 물류 및 전문 HR 서비스에 특화되어 있으며, 공모의 가격을 13,800,000주 보통주에 대해 주당 0.6달러로 발표했습니다.
이번 공모는 약 828만 달러의 총 수익을 창출할 것으로 예상되며, 배치 에이전트 수수료 및 기타 비용을 공제하기 전의 금액입니다. 마감은 2025년 4월 2일로 예상되며, 일반적인 조건에 따라 진행됩니다.
Pacific Century Securities와 Revere Securities는 이번 공모의 공동 배치 에이전트로 활동하고 있으며, 이는 SEC에서 승인된 F-1 양식의 등록 선언에 따라 진행됩니다.
Click Holdings (NASDAQ: CLIK), un fournisseur de solutions RH basé à Hong Kong spécialisé dans les soins aux personnes âgées, la logistique et les services RH professionnels, a annoncé le prix de son offre publique de 13 800 000 actions ordinaires à 0,6 $ par action.
On s'attend à ce que l'offre génère des recettes brutes d'environ 8,28 millions de dollars avant de déduire les frais des agents de placement et d'autres dépenses. La clôture est prévue pour le 2 avril 2025, sous réserve des conditions habituelles.
Pacific Century Securities et Revere Securities agissent en tant que co-agents de placement pour cette offre, qui est réalisée conformément à une déclaration d'enregistrement déclarée efficace par la SEC sur le formulaire F-1.
Click Holdings (NASDAQ: CLIK), ein in Hongkong ansässiger Anbieter von HR-Lösungen, der sich auf die Pflege von Senioren, Logistik und professionelle HR-Dienstleistungen spezialisiert hat, hat die Preisgestaltung seines öffentlichen Angebots von 13.800.000 Stammaktien zu 0,6 $ pro Aktie bekannt gegeben.
Es wird erwartet, dass das Angebot brutto Einnahmen von etwa 8,28 Millionen Dollar generiert, bevor die Gebühren der Platzierungsagenten und andere Kosten abgezogen werden. Der Abschluss wird für den 2. April 2025 erwartet, vorbehaltlich üblicher Bedingungen.
Pacific Century Securities und Revere Securities fungieren als Co-Platzierungsagenten für dieses Angebot, das gemäß einer von der SEC genehmigten Registrierungserklärung auf dem Formular F-1 durchgeführt wird.
- Secured $8.28 million in gross proceeds through public offering
- Potential dilution of existing shareholders due to issuance of 13.8 million new shares
- Low share price of $0.6 may indicate market weakness
Insights
Click Holdings 's $8.28 million public offering reveals concerning capital-raising terms that warrant investor attention. The company is issuing 13.8 million ordinary shares at
This offering constitutes approximately
While the capital infusion may strengthen CLIK's balance sheet to support its HR solutions businesses in Seniors Nursing Care, Logistics, and Professional services, the unfavorable offering terms suggest potentially significant underlying financial challenges. The involvement of two placement agents (Pacific Century Securities and Revere Securities) for a relatively small offering further indicates potential difficulties in generating sufficient investor interest.
Existing shareholders will likely experience immediate value erosion due to this substantial dilution. The key question becomes whether management can deploy this capital effectively enough to generate returns that eventually overcome the significant dilution impact. Without clear communication about strategic capital allocation plans, this offering represents a distinctly negative development for current investors.
Hong Kong, April 01, 2025 (GLOBE NEWSWIRE) -- Click Holdings Limited (NASDAQ: CLIK) (“Click” or the “Company”), a provider of human resources (“HR”) solutions in Hong Kong specializing in Seniors Nursing Care, Logistics, and Professional HR services, today announced the pricing of its public offering of 13,800,000 ordinary shares at a public offering price of
Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately
Pacific Century Securities LLC and Revere Securities LLC acted as co-placement agents in connection with this offering.
The securities described above were offered pursuant to a registration statement on Form F-1, as amended (File No. 333-285922) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on March 31, 2025. The offering was being made only by means of a prospectus which is a part of the Registration Statement. A final prospectus relating to the offering will be filed with the SEC. Copies may be obtained from Pacific Century Securities LLC, 60-20 Woodside Avenue Ste 211Queens, NY 11377 (+1)212-970-8868 and from Revere Securities LLC, 560 Lexington Ave 16th floor, New York, NY 10022, at +1 (212) 688-2350.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Click Holdings Limited
Click Holdings Limited is a holding company incorporated in the British Virgin Islands, and all of its operations are carried out by its operating subsidiaries in Hong Kong, JFY Corporate Services Company Limited and Click Services Limited. The Company 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. The Company provides services to a broad range of customers including Certified Public Accountant firms, charitable organizations, non-governmental organizations, small and medium-sized businesses and Hong Kong listed companies.
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to satisfy the closing conditions related to the offering, our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
For enquiry, please contact:
Click Holdings Limited
Unit 709, 7/F., Ocean Centre
5 Canton Road
Tsim Sha Tsui, Kowloon
Hong Kong
Email: jack.wong@jfy.hk
Phone: +852 2691 8900
FAQ
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