Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 63

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 63
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center'>USE OF PROCEEDS</div>

We estimate that we will receive net proceeds from this Offering of approximately $3.2 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by us. These estimates are based upon an initial offering price of $4.00 per share.

We plan to use the net proceeds of this Offering in the following order of priority:

| ● | Approximately                                                                    
 60% for set up a qualified factory and to obtain specialized vehicle permission; |
| ● | Approximately                                                                    
 10% for research and development; and                                            |
| ● | Approximately                                                                    
 30% for working capital and other general corporate purposes.                    |

To the extent that our actual net proceeds are not sufficient to fund all of the proposed purposes, we will decrease our allocation of the net proceeds for the purposes set out above on a pro rata basis. We would anticipate raising additional capital through equity or debt financing sufficient to fund our proposed uses above.

The amounts and timing of any expenditures will vary depending on the amount of cash generated by our operations, and the rate of growth, if any, of our business, and our plans and business conditions. The foregoing represents our current intentions based upon our present plans and business conditions to use and allocate the net proceeds of this Offering. Our management will have significant flexibility in applying and discretion to apply the net proceeds of the Offering. If an unforeseen event occurs or business conditions change, we may use the proceeds of this Offering differently than as described in this prospectus.

Pending deployment of the net proceeds for the uses described above, the funds may be placed in short-term deposits with financial institutions or used to invest in short-term money market instruments.

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<div align='center'>DIVIDEND POLICY</div>

We have no formal dividend policy. We currently intend to retain all available funds and any future earnings to fund the development and growth of our business and to repay indebtedness and, therefore, we do not anticipate paying any cash dividends in the foreseeable future. Additionally, our ability to pay dividends on our Shares is limited by various factors such as our future financial performance and bank covenants. Any future determination to pay dividends will be at the discretion of our board of directors, subject to compliance with covenants in current and future agreements governing our and our subsidiaries’ indebtedness, and will depend on our results of operations, financial condition, capital requirements and other factors that our board of directors may deem relevant.

| 38 |

<div align='center