Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 96

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 14
Chunk 96
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ITEM
14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS

Material
Modifications to the Rights of Security Holders

Other
than as disclosed elsewhere in this Annual Report, there have not been any material modifications to the rights of shareholders.

Use
of Proceeds

Initial
Public Offering

The
following “ Use of Proceeds” information relates to the registration statement on Form F-1 (File No. 333-280522), as amended,
initially filed with the SEC on June 27, 2024, in relation to our initial public offering, which was declared effective by the SEC on
September 30, 2024. On October 10, 2024, we completed our initial public offering in which we issued and sold an aggregate of 1,400,000
ordinary shares, at a price of $4.00 per share, for gross proceeds of approximately $5.6 million, before deducting underwriting discounts
and offering expenses. R. F. Lafferty & Co., Inc. acted as the primary underwriter for the Offering while Revere Securities LLC acted
as the co-manager for our initial public offering.

We
incurred expenses of approximately $1.6 million in connection with our initial public offering, which included approximately $0.4 million
for underwriting discounts and commissions. The net proceeds raised from the initial public offering were approximately $4.0 million
after deducting underwriting discounts 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 initial public 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.

None of the net proceeds from our initial public offering were directly or indirectly paid to the directors, officers
of our Company or their associates, persons owning 10% or more
of our Class A ordinary shares, or our affiliates.

As of June 30, 2025, we have utilized(i)
approximately HK$10.4 million for the acquisition of human resources solution providers; (ii) approximately HK$0.5 million for development
of a cloud human resources system and recruitment platform; (iii) approximately HK$2.6 million for expansion and recruitment