Click Holdings Limited announced the approval of a proposed 1-for-30 share consolidation of its Class A and Class B ordinary shares. The share consolidation is scheduled to become market effective on October 10, 2025.
The primary objective of this share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1 per share. This action is crucial for maintaining its listing on the Nasdaq Capital Market.
Upon effectiveness, every 30 issued and outstanding ordinary shares will automatically be consolidated into 1 issued and outstanding ordinary share. The total number of shares outstanding will decrease from 34,362,000 to 1,145,400 on a post-consolidation basis, with any fractional shares rounded up.
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