Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 17

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 17
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. See page 31 of “Risk 
 Factors – Risks Related to Doing Business in China” for further details.                                                              |

| ● | We                                                                                                                                      
 face uncertainty with respect to indirect transfers of equity interests in PRC resident enterprises by their non-PRC holding companies. 
 See page 31 of “Risk Factors                                                                                                            
 – Risks Related to Doing Business in China” for further details.                                                                        |

| ● | You                                                                                                                              
 may experience difficulties in effecting service of process, enforcing foreign judgments or bringing actions in China against us 
 or our management named in this prospectus based on foreign laws. See page 31 of “Risk Factors – Risks Related to                
 Doing Business in China” for further details.                                                                                    |

Risks Related to This Offering and the Ordinary Shares (for a more detailed discussion, see “Risk Factors – Risks Related to This Offering and the Ordinary Shares” beginning on page 32 of this prospectus)

| ● | The                                                                                                                 
 market price for the Ordinary Shares may be volatile. See page 32 of “Risk Factors – Risks Related to This Offering 
 and the Ordinary Shares” for further details.                                                                       |

| ● | If                                                                                                                                       
 securities or industry analysts do not publish research or reports about our business, or if they adversely change their recommendations 
 regarding the Ordinary Shares, the market price for the Ordinary Shares and trading volume could decline. See page 33 of “Risk           
 Factors – Risks Related to This Offering and the Ordinary Shares” for further details.                                                   |

| ● | Because                                                                                                                             
 our initial public offering price is substantially higher than our net tangible book value per share, you will experience immediate 
 and substantial dilution. See page 34 of “Risk Factors – Risks Related to This Offering and the Ordinary Shares”                    
 for further details.                                                                                                                |

| ● | Because                                                                                                                     
 we do not expect to pay dividends in the foreseeable future after this Offering, you must rely on price appreciation of the 
 Ordinary Shares for return on your investment. See page 34 of “Risk Factors – Risks Related to This Offering                
 and the Ordinary Shares” for further details.                                                                               |

| 11 |

| ● | Substantial                                                                                                                       
 future sales or perceived potential sales of Ordinary Shares in the public market could cause the price of the Ordinary Shares to 
 decline. See page 34 of “Risk Factors – Risks Related to This Offering and the Ordinary Shares” for                               
 further details.                                                                                                                  |

| ● | You                                                                                                                            
 must rely