Company: STAK
Filing Date: 2025-11-14
Form Type: F-1
Source: 0001493152-25-023494
Chunk: 4

Company: STAK Inc.
Filing Date: 2025-11-14
Form: F-1
Chunk 4
---
 Yang Holding Ltd. Unless
otherwise noted, the share and per share information in this prospectus reflects the completion of the implementation of dual class
structure and re-classification of the applicable ordinary shares issued and sold prior to the completion date of the implementation
of dual class structure.

Immediately prior to the completion of this offering, the Company has an aggregate of 4,010,349 Class A Ordinary Shares with one vote each and 9,200,000 Class B Ordinary Shares with 30 votes each, $0.001 par value per share issued and outstanding.

We are an “emerging growth company” as defined under the federal securities laws and will be subject to reduced public company reporting requirements. See “ Prospectus Summary—Implications of Being an Emerging Growth Company” and “ Risk Factors” on pages 14 and 16, respectively.

We will continue to be a “controlled company” as defined under the Nasdaq Stock Market Rules because our controlling shareholder, Mr. Chuanbo Jiang, our CEO and Chairman of the board, currently owns 83.7% of our total issued and outstanding Class B
Ordinary Shares, representing 82.5% of the total voting power of as the date of this prospectus, and will own 83.7% of our total issued and outstanding Class B Ordinary Shares, representing 81.6% of the total voting power following the completion of this offering, assuming that all Units are sold and none of the Warrants included in the Units is exercised. Although we do not intend to rely on the “controlled company” exemption under the Nasdaq listing rules, we could elect to rely on this exemption in the future. If we elect to rely on the “controlled company” exemption, a majority of the members of our board of directors might not be independent and our nominating and corporate governance and compensation committees might not consist entirely of independent directors.

We are not a Chinese operating company but a Cayman Islands holding company without material operations and this structure involves unique risks to investors. Investors in our securities should be aware that they are not holding equity interests in our Chinese operating companies directly. Investors are purchasing equity solely in STAK Inc. 斯塔克工 业集团有限公司 , our Cayman Islands holding company. The risks could result in a material change in the value of the securities we are registering for sale or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors. Our securities offered in this offering are securities of our