Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 152

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 152
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 issuable upon exercise of the Representative’s Warrants. The exercise price and number of Ordinary Shares issuable upon exercise of the Representative’s Warrants may be adjusted in certain circumstances, in accordance with FINRA Rule 5110(g)(8).

Some of the underwriters are expected to make offers and sales both inside and outside the United States through their respective selling agents. Any offers or sales in the United States will be conducted by broker-dealers registered with the SEC.

Indemnification; Indemnification Escrow

We
have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act and liabilities
arising from breaches of representations and warranties contained in the underwriting agreement, or to contribute to payments that the
underwriters may be required to make in respect of those liabilities.

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Concurrently
with the execution and delivery of the underwriting agreement, the Company will set up an escrow account with a third-party escrow agent
in the United States and will fund such account with $400,000 from the offering proceeds that may be utilized by the underwriters to
fund any bona fide indemnification claims of the underwriters arising during the 12-month period following the closing of the Offering.
The escrow account will be interest bearing. All funds that are not subject to
an indemnification claim will be returned to us after the applicable period expires. The Company will pay the reasonable fees and expenses
of the escrow agent.

Lock-Up Agreements

Our
directors and officers and holders of five percent (5%) or more of our outstanding shares as of the effective date of this registration
statement will enter into customary “lock-up” agreements in favor of the underwriters for a period of six (6) months from
the closing of this Offering. We have agreed with the underwriters that for a period of eighteen (18) months from the closing
of this Offering, we will not (a) offer, issue, sell, contract to sell, encumber, grant any option for the sale of, or otherwise dispose
of any of our securities, subject to certain exceptions, without prior consent of the representative of the underwriters; (b) file or
caused to be filed any registration statement with the SEC relating to the offering of any capital shares or any securities convertible
into or exercisable or exchangeable for capital shares; or (c) enter into any swap or other agreement or arrangement that transfers,
in whole or in part, any of