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Ipos overview

Click Holdings Ltd. (CLIK)


Company Overview

Proposed Symbol CLIK
Company Name Click Holdings Ltd.
Exchange NASDAQ Capital
Share Price $4.00
Employees 14 (as of 12/31/2023)
Status Priced
Shares Offered 1,400,000
Offer amount $5,600,000
Shares Over Alloted
Company Address UNIT 709, 7/F., OCEAN CENTRE 5 CANTON ROAD TSIM SHA TSUI, KOWLOON 00000
Company Phone 852 3758 2780
Company Website www.clicksc.com.hk
CEO Chun Sing Chan
State of Inc
Fiscal Year End 12-31
Total Offering Expense $1,189,860.00
Shareholder Shares Offered
Shares Outstanding 14,900,000
Lockup Period (days) 180
Lockup Expiration 2025-04-07 00:00:00
Quiet Period Expiration 2024-11-18 00:00:00
CIK 0002020027
DealId 1300634-110616

Company Description

We are a human resources solutions provider, specializing in offering comprehensive human resources solutions in three principal sectors, namely (i) professional solution services, (ii) nursing solution services, and (iii) logistics and other solution services. We primarily focused on talent sourcing and the provision of temporary and permanent personnel to customers. Our primary market is in Hong Kong and our diverse clientele includes accounting and professional firms, Hong Kong listed companies, nursing homes, individual patients, logistics companies and warehouses. We specialize primarily in placing professional accountants and company secretaries, registered nurses and healthcare workers as well as other blue-collar workers, for direct hire and contract staffing roles. --- Revenue increased by approximately $1.5 million or 36.1% from $4.2 million in FY2022 to $5.7 million in FY2023 which was mainly attributable to (i) increase in revenue from professional solution services by approximately $1.1 million or 112.5%; (ii) increase in revenue from logistic and other solution services by approximately $0.6 million or 47.2%; countered by (iii) slight decrease in revenue from nursing solution services by approximately $0.2 million or 8.5%. The increase in total revenue in FY2023 was largely driven by the professional solution services segment which represents services provided directly by our in-house employees rather than services provided by independent contractors from our talent pool as in nursing solution services and logistic and other services segments. Professional solution services provided by our Group include (i) the secondment of senior executives such as CFOs and company secretaries to perform compliance, financial reporting and financial management functions for customers; (ii) the provision of accounting and audit professionals to perform audit work under the instruction of Certified Public Accountant firms; and (iii) the provision of corporate finance experts to assist in drafting of documents including circulars, announcements and others for Hong Kong listed companies and listing documents for private companies planning to go public. --- Our principal executive office is located at Unit 709, 7/F., Ocean Centre, 5 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong and our telephone number at this address is +852 3758 2780. Our registered office in the British Virgin Islands is located at the office of Corporate Registrations Limited, Sea Meadow House (P.O. Box 116), Road Town, Tortola, British Virgin Islands. We maintain a website at www.clicksc.com.hk. Our agent for service of process in the U.S. is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor New York, NY 10168.