Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 42

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 3
Chunk 42
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 requirements we are not following and describe the home country practices we are following. However,
if we choose to follow home country practices in the future, our shareholders may be afforded less protection than they would otherwise
enjoy under the Nasdaq Capital Market corporate governance listing standards applicable to U. S. domestic issuers.

We
may lose our foreign private issuer status in the future, which could result in significant additional costs and expenses.

We
are a foreign private issuer, and therefore, we are not required to comply with all of the periodic disclosure and current reporting
requirements of the Exchange Act. The determination of foreign private issuer status is made annually on the last business day of an
issuer’s most recently completed second fiscal quarter. We would lose our foreign private issuer status if, for example, more than
50% of our Class A Ordinary Shares are directly or indirectly held by residents of the United States and we fail to meet additional requirements
necessary to maintain our foreign private issuer status. If we lose our foreign private issuer status on this date, we will be required
to file with the SEC periodic reports and registration statements on U. S. domestic issuer forms, which are more detailed and extensive
than the forms available to a foreign private issuer. We will also have to mandatorily comply with U. S. federal proxy requirements, and
our officers, directors, and principal shareholders will become subject to the short-swing profit disclosure and recovery provisions
of Section 16 of the Exchange Act. In addition, we will lose our ability to rely upon exemptions from certain corporate governance requirements
under the Nasdaq rules. As a U. S.-listed public company that is not a foreign private issuer, we will incur significant additional legal,
accounting, and other expenses that we will not incur as a foreign private issuer in order to maintain a listing on a U. S. securities
exchange.

We
will incur increased costs as a result of being a public company.

We
will incur significant legal, accounting and other expenses as a public company that we did not incur as a private company. Compliance
with U. S. laws and regulations and the Nasdaq Capital Market Company Guide increases our legal and financial compliance costs and makes
some corporate activities more time-consuming and costly. As a public company, we will be required to increase the number of independent
directors and adopt policies regarding internal controls and disclosure controls and procedures. We have incurred additional costs in
obtaining director and officer liability insurance. In addition, we incur additional costs