Company: STAK
Filing Date: 2025-11-14
Form Type: F-1
Source: 0001493152-25-023494
Chunk: 37

Company: STAK Inc.
Filing Date: 2025-11-14
Form: F-1
Chunk 37
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 an immediate increase in net tangible book value of $0.04 to existing shareholders and an immediate dilution in net tangible book value of $0.21 per share to investors purchasing Units in this offering. The dilution information discussed above is illustrative only and may change based on the actual public offering price and other terms of this offering. The following table illustrates such dilution:

|                                                                                 |     | Per   
 share |      |
|:--------------------------------------------------------------------------------|:----|:------|-----:|
| Public                                                                          
 offering price per Unit                                                         |     | $     | 1.00 |
| Net                                                                             
 tangible book value per share as of June 30, 2025                               |     | $     | 0.75 |
| Pro                                                                             
 forma net tangible book value per share after giving effect to this offering    |     | $     | 0.79 |
| Amount                                                                          
 of dilution in net tangible book value per  share to investors in this offering |     | $     | 0.21 |

A $0.10 increase in the public offering price of $1.0 per Unit would increase our pro forma net tangible book value as of June 30, 2025 after this offering, given the same assumptions described above, by approximately $300,000, or $0.02 per share, and would increase dilution to new investors by approximately $0.08 per share, assuming that the number of Units offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting estimated offering expenses payable by us.

We may also increase or decrease the number of Units we are offering. An increase of 100,000 in the number of Units would not affect the net tangible book value per share and per share for dilution to investors in this offering, given the same assumptions described above.

The pro forma information as discussed above is illustrative only. Our net tangible book value following the completion of this offering is subject to adjustment based on the actual public offering price of our Units and other terms of this offering determined at the pricing.

The following table summarizes, on a pro forma basis as of June 30, 2025, the total number of shares purchased from us, the total cash consideration paid to us, and the average price per share paid by existing shareholders and by investors in this offering. The table below reflects an assumed public offering price of $1.0 per Unit and excludes estimated offering expenses payable by us.

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