Click Holdings Ltd.·4

Jun 8, 7:35 AM ET

Chan Chun Sing 4

Research Summary

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Click Holdings (CLIK) CEO Chan Chun Sing Acquires Shares

What Happened

  • Chan Chun Sing, CEO of Click Holdings Ltd. (CLIK), acquired a total of 5,300,000 shares on May 29, 2026 as consideration for the Company’s purchase of Axiom Digital Limited: 4,500,000 Class A ordinary shares and 800,000 Class B ordinary shares (per a Sale & Purchase Agreement).
  • He also made open-market purchases on June 4–5, 2026 totaling 52,000 shares at prices of $1.92, $1.85, $1.90 and $1.74 per share, costing approximately $97,100 in aggregate. All reported transactions are purchases (no sales reported).

Key Details

  • Transaction dates and prices:
    • May 29, 2026 — 4,500,000 Class A and 800,000 Class B shares issued as deal consideration (code J; price N/A).
    • June 4, 2026 — 15,000 shares @ $1.92 ($28,800).
    • June 5, 2026 — 10,000 shares @ $1.92 ($19,200); 12,000 @ $1.85 ($22,200); 5,000 @ $1.90 ($9,500); 10,000 @ $1.74 ($17,400).
  • Open-market purchases total: 52,000 shares for ~$97,100.
  • Approximate holdings after these transactions (based on footnotes reporting prior indirect holdings): ~4,565,520 Class A shares (65,520 prior indirect) and ~1,127,047 Class B shares (327,047 prior indirect), plus the 52,000 market shares noted above.
  • Footnotes of interest:
    • F1: The 4.5M Class A and 800k Class B shares were issued as consideration under a Sale & Purchase Agreement for Axiom Digital Limited.
    • F2/F3: Prior indirect holdings noted — 327,047 Class B via Circuit Delight Ltd.; 65,520 Class A via spouse’s interest in Classic Impact Ltd.
  • Filing information and timeliness:
    • Form filed June 8, 2026 (period of report includes May 29, 2026). The May 29 issuance (J-code) appears to have been reported late relative to the typical two-business-day Form 4 deadline; the June 4–5 open-market purchases were filed within the required window.

Context

  • The large issuance (J-code) represents consideration for an acquisition, not an open-market vote of confidence; such deal-related issuances are administrative and common when shares are used as purchase consideration.
  • The smaller open-market buys (code P) are straightforward purchases and represent direct insider buying of company stock (~$97k total).
  • No options exercised, no sales, gifts, or awards were reported in this filing.