Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 16

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 16
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 stipulated on the Special Administrative Measures for the Access of Foreign Investment (Negative List) (2021 Version) (the “2021 Negative List”), promulgated by the Ministry of Commerce of the PRC (“MOFCOM”) and the National Development and Reform Commission of the PRC (“NDRC”), and its newer version, the 2024 Negative List, which became effective on November 1, 2024. Therefore, we are able to conduct our business through our wholly-owned PRC Subsidiaries without being subject to restrictions imposed by the foreign investment laws and regulations of the PRC.

<div align='center'>Summary Risk Factors</div>

Our prospectus should be considered in light of the risks, uncertainties, expenses, and difficulties frequently encountered by similar companies. Below please find a summary of the principal risks we face, organized under relevant headings. These risks are discussed more carefully in the section titled “ Risk Factors.”

| 8 |

Risks Related to Our Business and Industry (for a more detailed discussion, see “Risk Factors – Risks Related to our Business and Industry” beginning on page 17 of this prospectus)

| ● | We cannot assure you that we will maintain profitability. See page 17                                                                    
 of “Risk Factors – Risks Related to our Business and Industry” for further details.                                                      |
| ● | We                                                                                                                                       
 operate in a volatile industry where the demand for oil equipment can fluctuate significantly, often in correlation with oil and         
 natural gas prices, which makes it difficult for investors to evaluate our future prospects, and we cannot assure you that our current   
 or future strategies will be successfully implemented or will generate sustainable profit. See page 17 of “Risk Factors                  
 – Risks Related to our Business and Industry” for further details.                                                                       |
| ● | We                                                                                                                                       
 have a limited operating history and experience in specialized oilfield equipment and integrated solutions, which makes it difficult     
 to evaluate our business. We cannot assure you that the market for our products will develop as we expect or that we will be able        
 to maintain the growth rate that we have experienced to date. See page 17 of “Risk Factors – Risks Related                               
 to our Business and Industry” for further details.                                                                                       |
| ● | Failure                                                                                                                                  
 to maintain and enlarge our customer base or strengthen customer engagement may adversely affect our business and results of operations. 
 See page 18 of “Risk Factors – Risks Related to our Business and Industry” for further details.                                          |
| ● |