Company: STAK
Filing Date: 2025-11-14
Form Type: F-1
Source: 0001493152-25-023494
Chunk: 61

Company: STAK Inc.
Filing Date: 2025-11-14
Form: F-1
Chunk 61
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 aimed at addressing concerns raised by the Council of the European Union as to offshore structures engaged in certain activities which attract profits without real economic activity. With effect from January 1, 2019, the International Tax Co-operation (Economic Substance) Act (Revised) (the “Substance Act”) came into force in the Cayman Islands introducing certain economic substance requirements for in-scope Cayman Islands entities which are engaged in certain “relevant activities,” which in the case of exempted companies incorporated before January 1, 2019, applies in respect of financial years commencing July 1, 2019, onwards. However, it is anticipated that our Company may remain out of scope of the legislation or else be subject to more limited substance requirements.

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<div align='center'>TAXATION</div>

See “Item 10. Additional Information —10.E. Taxation” of our most recent Annual Report on Form 20-F, which is incorporated by reference
in this prospectus.

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<div align='center'>PLAN OF DISTRIBUTION</div>

We are offering
Units directly to certain investors without participation of underwriters or placement agents. We will enter into subscription agreements
directly with investors in connection with this offering. Price and other terms will be determined through arm’s length negotiation
between our company and each of the investors. Our obligations to issue and sell the Units offered hereby to the investors are subject
to the conditions set forth in the securities purchase agreements. An investor’s obligation to purchase Units offered hereby is
subject to the conditions set forth in the relevant subscription agreement as well.

The closing of
the sale of Units in this offering is currently expected to take place on or about , 2025.

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<div align='center'>EXPENSES OF THE OFFERING</div>

Set forth below is an itemization of the total expenses, which are expected to be incurred in connection with the offer and sale of our securities in this offering. With the exception of the registration fee payable to the SEC, all amounts are estimates.

| SEC registration fee    |     | $ |   2,009 |
| Legal fees and expenses |     | $ | 117,723 |
| Total                   |     | $ | 119,732 |

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<div align='center'>LEGAL MATTERS</div>

We are being represented by Han Kun Law Offices LLP with respect to certain legal matters of United States federal securities and New York state law. The validity