Click Prices IPO to Raise $5.6 Million; Shares Lower

MT Newswires Live10-09

Click Holdings (CLIK) said Wednesday it priced its initial public offering of 1.4 million shares at $4 apiece for $5.6 million in gross proceeds.

The company said it granted underwriters a 45-day option to buy up to an additional 210,000 shares at the offering price.

Click, a Hong Kong-based human resources provider, said it expects to close the offering around Thursday.

Shares of the company were about 25% lower in recent Wednesday trading.

Price: 3.29, Change: -0.71, Percent Change: -17.75

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