Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 31

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 31
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 problems in a timely manner and our current and potential
shareholders may lose confidence in our financial reporting, which may harm our business and the trading price of our Class A Ordinary
Shares. The absence of ICFR may inhibit investors from purchasing our Class A Ordinary Shares and may make it more difficult for us to
raise funds in debt or equity financing. Additional material weaknesses or significant deficiencies may be identified in the future.
If we identify such issues or if we are unable to produce accurate and timely financial statements, our stock price may decline and we
may be unable to maintain compliance with the Nasdaq Capital Market Company Guide.

We
may make acquisitions which could divert the attention of our management, and which may not be integrated successfully into our existing
business.

We
may pursue acquisitions to increase our market penetration, enter new geographic markets and expand the scope of services we provide.
We cannot guarantee we will identify suitable acquisition candidates, that acquisitions will be completed on acceptable terms or that
we will be able to integrate successfully the operations of any acquired business into our existing business. The acquisitions could
be of significant size and involve operations in multiple jurisdictions. The acquisition and integration of another business would divert
management attention from other business activities. This diversion, together with other difficulties we may incur in integrating an
acquired business, could have a material adverse effect on our business, financial condition and results of operations. In addition,
we may borrow money or issue capital stock to finance acquisitions. Such borrowings might not be available on terms as favorable to us
as our current borrowing terms and may increase our leverage, and the issuance of capital stock could dilute the interests of our stockholders.
Currently, we are not contemplating the acquisition of any specific entity.

  17  

Risk
Related to Our Corporate Structure

We
are incorporated under the law of the British Virgin Islands and conduct substantially all of our operations, and all of our directors
and executive officers reside, outside of the U. S. You may face difficulties in protecting your interests, and your ability to protect
your rights through U. S. courts may be limited.

We
are incorporated under the laws of the British Virgin Islands. We conduct our operations outside the U. S. and substantially all of our
assets are located outside the U. S. In addition, substantially all of our directors and executive officers named in this Annual Report
reside outside the U. S., and most of their assets are located outside the U. S. As a result, it may be