Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 35

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 35
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 may be unrelated to our actual or expected operating performance and financial condition or prospects,
making it difficult for prospective investors to assess the rapidly changing value of our Class A Ordinary Shares.

The
price of our Class A Ordinary Shares may be volatile and subject to wide fluctuations in response to factors including the following:

  actual                                                                                                                                   
  actual                                                                                                                                   
  failure                                                                                                                                  
  issuance                                                                                                                                 
  Share                                                                                                                                    
  additions                                                                                                                                
  our                                                                                                                                      
  disputes                                                                                                                                 
  announcement                                                                                                                             
  sales                                                                                                                                    
  market                                                                                                                                   
  changes                                                                                                                                  
  market                                                                                                                                   
  changes                                                                                                                                  
  general                                                                                                                                  

These
and other market and industry factors may cause the market price and demand for our Class A Ordinary Shares to fluctuate
substantially, regardless of our actual operating performance, which may limit or prevent investors from readily selling their
Shares and may otherwise negatively affect the liquidity of our Class A Ordinary Shares. In addition, the stock market in general,
and Nasdaq Capital Market and emerging growth companies in particular, have experienced extreme price and volume fluctuations that
have often been unrelated or disproportionate to the operating performance of these companies. Such rapid and substantial price
volatility, including any stock run-up, may be unrelated to our actual or expected operating performance and financial condition or
prospects, making it difficult for prospective investors to assess the rapidly changing value of our Class A Ordinary Shares. Such
broad market fluctuations, and other factors (such as variations in operating results, and changes in regulations affecting us and
our industry) may adversely affect the market price of our Class A Ordinary Shares, if a market for them develops.

Volatility
in our Share price may subject us to securities litigation.

The
market for our Class A Ordinary Shares may have, when compared to seasoned issuers, significant price volatility and we expect that our
Share price may continue to be more volatile than that of a seasoned issuer for the indefinite future. In the past, plaintiffs have often
initiated securities class action litigation against a company following periods of volatility in the market price of its securities.
We may, in the future, be the target of similar litigation, which could result in substantial costs and liabilities and could divert
management’s attention and resources.

Our
Class A Ordinary Shares are expected to initially trade under $5.00 per Class A Ordinary Share and thus would be known as a penny stock.
Trading in penny stocks has certain restrictions and these restrictions could negatively affect the price and liquidity of our Class
A Ordinary Shares.

Our