Click Holdings arranges $100M share facility
Click Holdings Ltd. set up a $100 million equity purchase facility over up to 36 months, supported by a new SEC registration commitment.
Rhea-AI Filing Summary
Click Holdings Ltd. (CLIK) entered into an Equity Purchase Agreement with Crom Structured Opportunities Fund I, LP on September 14, 2026, allowing the company, at its sole discretion and subject to conditions, to issue and sell Class A ordinary shares for an aggregate purchase price of up to $100,000,000 during a defined Commitment Period.
The Commitment Period ends on the earliest of the investor purchasing the full $100,000,000 commitment, 36 months after September 14, 2026, written termination by the company outside specified restricted times, or certain bankruptcy-related events. The company may send Advance Notices from time to time to direct the investor to buy shares in minimum advance amounts of $15,000 and maximum advances up to the lesser of $1,000,000 or the Average Daily Trading Value, with pricing based on 90% of the VWAP of the ordinary shares.
In connection with this facility, Click Holdings entered into a Registration Rights Agreement with the investor, under which it agreed to file a registration statement with the SEC covering the maximum number of registrable securities permitted within 30 calendar days of September 14, 2026. The company will also pay $10,000 by wire transfer to the investor’s legal counsel for expenses related to preparing the Purchase Agreement.
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Key Figures
Key Terms
Equity Purchase Agreement financial
Registration Rights Agreement regulatory
VWAP financial
Commitment Period financial
Average Daily Trading Value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What financing arrangement did CLIK announce in this Form 6-K?
How long does the new $100 million equity facility for CLIK last?
What are the minimum and maximum advance sizes under CLIK’s Equity Purchase Agreement?
What SEC registration obligation does CLIK have under the Registration Rights Agreement?
What expenses will CLIK pay in connection with the Equity Purchase Agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.