Company: STAK
Filing Date: 2025-11-14
Form Type: F-1
Source: 0001493152-25-023494
Chunk: 67

Company: STAK Inc.
Filing Date: 2025-11-14
Form: F-1
Chunk 67
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                 |  7,500 |

On May 20, 2024, the Company effected a one thousand-for-one subdivision of shares to shareholders, which increased the total number of authorized and issued ordinary shares from 50,000 to 50,000,000, and decreased the par value of ordinary shares from $1 to $0.001. Then the shareholders surrendered an aggregate of 40,000,000 ordinary shares to the Company for no consideration, which shares were cancelled thereafter. Following the surrender, the issued and outstanding ordinary shares are 10,000,000 of par value of $0.001 per share.

On February 27, 2025,
the Company issued warrants to the Kingswood Capital Partners, LLC, the representative of the underwriters in the IPO, to purchase an
aggregate of 70,517 ordinary shares (the “Representative’s Warrants”). Such Representative’s Warrants have an
exercise price of $4.80 per share. The Representative’s Warrants may be exercised in cash or on a cashless basis, and are exercisable
for five years from February 27, 2025 to 5:00 p.m., Eastern time, February 25, 2030. The Representative’s Warrants are not redeemable
by the Company. As of the date of this prospectus,·70,517 ordinary shares were reserved and no shares were exercised.

On June 5, 2025, the Company by way of resolution of shareholders passed at the EGM of the Company (i) re-designated and re-classified 37,500,000 ordinary shares as 37,500,000 Class A Ordinary Shares of par value $0.001 each, cancelled 12,500,000 ordinary shares and created a new share class of 12,500,000 Class B Ordinary Shares of par value $0.001 each; (ii) immediately after such implementation of dual class structure, increased the Company’s authorized share capital to $100,000 divided into (a) 75,000,000 Class A Ordinary Shares of a par value of $0.001 each and (b) 25,000,000 Class B Ordinary Shares of a par value of $0.001 each, by creation of an additional 37,500,000 Class A Ordinary Shares and 12,500,000 Class B Ordinary Shares; (iii) immediately after such implementation of dual class structure and the increase of authorized share capital, adopted the second amended and rest