Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 151

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 151
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 representative in connection with the roadshow; and (iv) “tombstone or Lucite” advertisements.

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The representative is entitled to a fee with respect to future financings of equity, equity-linked or debt or other capital raising activity (other than the exercise by any person or entity of any options, warrants or other convertible securities) consummated with investors introduced by the representative since the engagement of the underwriters to date, provided that the future financing is consummated at any time within the twelve (12) months period following the earlier of the expiration or termination of our engagement of the underwriters and subject to compliance with FINRA Rule 5110(g)(5)(B).

Representative’s Warrants

In addition to the foregoing, we have agreed to issue warrants to the representative of the underwriters to purchase such number of Ordinary Shares equal to five percent (5%) of the total number of Ordinary Shares sold in this Offering (including any Ordinary Share sold pursuant to the exercise of the over-allotment option). Such warrants shall have an exercise price equal to 120% of the offering price of the Ordinary Shares sold to investors in this Offering and may be exercised on a cashless basis. The Representative’s Warrants will be exercisable its issuance date and will terminate on the fifth anniversary of the commencement of sales for this Offering. Furthermore, the Representative’s Warrants and the underlying Ordinary Shares will be deemed compensation by FINRA, and therefore will be subject to compliance with FINRA Rule 5110. In accordance with FINRA Rule 5110(e)(1), and except as otherwise permitted by FINRA rules, neither the Representative’s Warrants nor any of our Ordinary Shares issued upon exercise of the Representative’s Warrants may be sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities for a period of 180 days from the commencement of sales of this Offering. In addition, although the Representative’s Warrants and the underlying Ordinary Shares are registered by the registration statement, we have also agreed that the Representative’s Warrants will provide for unlimited piggyback registration and one demand registration right at our expense and an additional demand registration right at the holder’s expense for a period of five (5) years from commencement of sales of this Offering in compliance with FINRA Rule 5110(g)(8).

We will bear all fees and expenses attendant to registering the Ordinary Shares