Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 39

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 39
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 Company hold a large portion
of the company’s listed securities following the offering. Therefore, we may be subject to the additional and more stringent criteria
of Nasdaq Capital Market for our continued listing.

Securities
analysts may not publish favorable research or reports about our business or may publish no information at all, which could cause our
Share price or trading volume to decline.

If
a trading market for our Class A Ordinary Shares develops, the trading market will be influenced to some extent by the research and reports
that industry or financial analysts publish about us and our business. We do not control these analysts. As a newly public company, we
may be slow to attract research coverage and the analysts who publish information about our Class A Ordinary Shares will have had relatively
little experience with us or our industry, which could affect their ability to accurately forecast our results and could make it more
likely that we fail to meet their estimates. In the event we obtain securities or industry analyst coverage, if any of the analysts who
cover us provide inaccurate or unfavorable research or issue an adverse opinion regarding our Share price, our Share price could decline.
If one or more of these analysts cease coverage of us or fail to publish reports covering us regularly, we could lose visibility in the
market, which in turn could cause our Share price or trading volume to decline and result in the loss of all or a part of your investment
in us.

Investors
may have difficulty enforcing judgments against us, our directors and management.

Click
Holdings was incorporated under the laws of the British Virgin Islands and a majority of our directors and officers reside outside the
U. S. Moreover, many of these persons do not have significant assets in the U. S. As a result, it may be difficult or impossible to effect
service of process within the U. S. upon these persons, or to recover against us or them on judgments of U. S. courts, including judgments
predicated upon the civil liability provisions of the U. S. federal securities laws.

There
is uncertainty as to whether the courts of the British Virgin Islands would recognize or enforce judgments of U. S. courts obtained in
actions against us or our directors and officers predicated upon the civil liability provisions of the U. S. federal securities laws,
or entertain original actions brought in the British Virgin Islands against us or our directors and officers predicated solely upon U. S.
federal securities laws. Further, there is no treaty in effect between the U. S. and the