Company: STAK
Filing Date: 2025-11-05
Form Type: 20-F
Source: 0001493152-25-020818
Chunk: 7

Company: STAK Inc.
Filing Date: 2025-11-05
Form: 20-F
Item: Item 3
Chunk 7
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●                                               You                                            
    may face difficulties in protecting your interests, and your ability to protect your rights
     through U.S. courts may be limited, because we are incorporated under Cayman Islands law. 
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●                                              You                                            
    may be unable to present proposals before annual general meetings or extraordinary general
                               meetings not called by shareholders.                           
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●                                            Recently                                        
    introduced economic substance legislation of the Cayman Islands may impact the Company or
                                         its operations.                                     
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●                                    Certain                                 
    judgments obtained against us by our shareholders may not be enforceable.
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●                                                We                                            
      are a foreign private issuer within the meaning of the rules under the Exchange Act, and 
    as such we are exempt from certain provisions applicable to U.S. domestic public companies.
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●                                                 We                                              
    are an emerging growth company within the meaning of the Securities Act and may take advantage
                              of certain reduced reporting requirements.                          
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●                                                We                                            
      are a foreign private issuer within the meaning of the rules under the Exchange Act, and 
    as such we are exempt from certain provisions applicable to U.S. domestic public companies.
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●                                                We                                            
    may lose our foreign private issuer status in the future, which could result in significant
                                   additional costs and expenses.                              
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9
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Risks Related to Our Business and Industry
 
Our operating history may not be indicative of our future growth or financial results and we may not be able to sustain our historical growth rates.
 
Our operating history may not be indicative of our future growth or financial results. There is no assurance that we will be able to increase our revenues in future periods. Our growth rates may decline for any number of possible reasons, and some of them are beyond our control, including decreasing customer demand, increasing competition, declining growth of the marketing industry in general, emergence of alternative business models, or changes in government policies or general economic conditions. We will continue to expand our sales network and product offerings to bring greater convenience to our customers and to increase our customer base and number of transactions. However, the execution of our expansion plan is subject to uncertainty and the total number of items sold and number of transacting customers may not grow at the rate we expect for the reasons stated above. If our growth rates decline, investors’ perceptions of our business and prospects may be adversely affected and the market price of our Ordinary Shares could decline.
 
We cannot assure you that we will