Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 120

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 120
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 Hu, and Johannes AG Beekmans is an “independent director” as defined under the Nasdaq rules. Our board of directors is composed of a majority of independent directors.

Committees of the Board of Directors

We have establishedan audit committee, a compensation committee and a nomination committee under our board of directors. We have adopted a charter for each of the three committees. Each committee’s members and functions are described below.

Audit Committee.

Our Audit Committee consists of our three independent directors, and is chaired by Zhaohui Randall Xu. We have determined that each member of our Audit Committee will satisfy the requirements of Section 303A of the Corporate Governance Rules/ Rule 5605(c)(2) of the Listing Rules of the Nasdaq and meet the independence standards under Rule 10A-3 under the Exchange Act. We have determined that Zhaohui Randall Xu qualifies as an “audit committee financial expert.” The Audit Committee oversees our accounting and financial reporting processes and the audits of the financial statements of our Company. The Audit Committee is responsible for, among other things:

| ● | reviewing                                                                                                                            
 and recommending to our board for approval, the appointment, re-appointment or removal of the independent auditor, after considering 
 its annual performance evaluation of the independent auditor;                                                                        |
| ● | approving                                                                                                                            
 the compensation and terms of engagement of the independent auditor and pre-approving all auditing and non-auditing services         
 permitted to be performed by our independent auditors at least annually;                                                             |
| ● | reviewing                                                                                                                            
 with the Independent Registered Public Accounting Firm any audit problems or difficulties and management’s response;                 |
| ● | discussing                                                                                                                           
 with our independent auditor, among other things, the audits of the financial statements, including whether any material information 
 should be disclosed, issues regarding accounting and auditing principles and practices;                                              |

| 78 |

| ● | reviewing                                                                                                                            
 and approving all proposed related party transactions, as defined in Item 404 of Regulation S-K under the Securities Act;            |
| ● | discussing                                                                                                                           
 the annual audited financial statements with management and the Independent Registered Public Accounting Firm;                       |
| ● | reviewing                                                                                                                            
 the adequacy and effectiveness of our accounting and internal control policies and procedures and any special steps taken to monitor 
 and control major financial risk exposures;                                                                                          |
| ● | approving                                                                                                                            
 annual audit plans, and undertaking an annual performance evaluation of the internal audit function;                                 |
| ● | establishing                                                                                                                         
 and overseeing procedures