Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 97

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 14
Chunk 97
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 of in-house
service team; (iv) approximately HK$2.6 million for expanding our talent pool; and (v) approximately HK$5.2 million for general administration
and working capital. Due to rising interest rates, approximately HK$3.5 million of the proceeds originally earmarked for our cloud human
resources system and recruitment platform was reallocated to repay a bank loan. The remaining HK$1.2 million will still be applied to
the development of that platform. Save for the change as mentioned above, the proceeds from our initial public offering were used in the manner as disclosed in our registration statement on Form F-1 (File No. 333-280522)
as amended, initially filed with the SEC on June 27, 2024.

Secondary
Offering

The
following “ Use of Proceeds” information relates to the registration statement on Form F-1, as amended (File No. 333-285922),
which was declared effective by the SEC on March 31, 2025, in relation to a best effort offering (“ Second Offering”)

We
incurred expenses of approximately $0.8 million in connection with the Second Offering, which included approximately $0.6 million for
placement agents’ commissions. The net proceeds raised from the Second Offering were approximately $7.4 million after deducting
placement agents’ commissions and the offering expenses payable by us. None of the transaction expenses included payments to directors
or officers of our Company or their associates, persons owning more than 10% or more of our equity securities, or our affiliates. None
of the net proceeds we received from the Second Offering were paid, directly or indirectly, to any of our directors or officers or their
associates, persons owning 10% or more of our equity securities, or our affiliates.

As
of June 30, 2025, we have utilized all the proceed s from
our Second Offering

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ITEM
15. CONTROLS AND PROCEDURES