Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 124

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 124
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 the period from July 1,                                                                                                                
 2024 through the date of the prospectus.                                                                                                   |
| (2) | The transaction amount represented the shareholders’ capital contributions to our PRC                                                      
 operating subsidiary YLAN in exchange for equity interest of YLAN, and all capital contributions have been received within the             
 corresponding periods. In September 2023, WFOE entered into a share transfer agreement with YLAN’s                                         
 former shareholders to acquire 100% voting equity interests of YLAN at the consideration of $0.7 million (RMB5.2 million). The transaction 
 has been treated as a corporate restructuring of entities under common control as part of the Reorganization process.                      |

Share Issuances in May 2023 and Share Splits in May 2024

Upon our incorporation in the Cayman Islands in May 2023, we issued 50,000 shares to our initial shareholders at par value $1 per share. We effected a one thousand-for-one subdivision of shares to the shareholders in May 2024, whereby increased the total number of issued and outstanding 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 a pro-rata number of Ordinary Shares of 40,000,000 to the Company for no consideration and thereafter such shares were cancelled. Following the surrender, the issued and outstanding Ordinary Shares were 10,000,000 of par value of $0.001 per share. The share numbers in this prospectus have given effect to the one thousand-for-one subdivision of shares, unless expressly indicated otherwise:

| Shareholder          |     | Number of Ordinary Shares |     |   | Consideration |
|:---------------------|:----|--------------------------:|:----|:--|--------------:|
| Lanying Capital Ltd  |     |                 7,700,000 |     | $ |        38,500 |
| MT. Yang Holding Ltd |     |                 1,500,000 |     | $ |         7,500 |
| Mr. Huailiang Xu     |     |                   400,000 |     | $ |         2,000 |
| Mr. Haoyu Xiong      |     |                   300,000 |     | $ |         1,500 |
| Mr. Cheukyin Tai     |     |                   100,000 |