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

Company: STAK Inc.
Filing Date: 2025-11-14
Form: F-1
Chunk 11
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 said increased of authorized share capital took effect to reflect the changes of the authorized share capital and the rights of Class B Ordinary Shares; and (iv) approved, subject to the effectiveness of the said dual class structure, the increase of authorized share capital and the adoption of the second amended and restated memorandum and articles of association, the Company’s repurchase of 7,700,000 Class A Ordinary Shares held by Lanying Capital Limited in consideration of and out of the proceeds of the Company’s new issuance of 7,700,000 Class B Ordinary Shares to Lanying Capital Limited and the Company’s repurchase of 1,500,000 Class A Ordinary Shares held by MT. Yang Holding Ltd in consideration of and out of the proceeds of the Company’s new issuance of 1,500,000 Class B Ordinary Shares to MT. Yang Holding Ltd. Throughout this prospectus, the share and per share information reflects the completion of the implementation of dual class structure and re-classification of the applicable ordinary shares issued and sold prior to the completion date of the implementation of dual class structure, unless otherwise indicated.

Our business is conducted through our wholly-owned subsidiaries in mainland China and we do not operate in Hong Kong, Macau, or Taiwan. Our consolidated financial statements are presented in U.S. dollars. In this prospectus, we refer to assets, obligations, commitments, and liabilities in our consolidated financial statements in U.S. dollars. These dollar references are based on the exchange rate of RMB to U.S. dollars, determined as of a specific date or for a specific period. Changes in the exchange rate will affect the amount of our obligations and the value of our assets in terms of U.S. dollars which may result in an increase or decrease in the amount of our obligations (expressed in dollars) and the value of our assets, including accounts receivable (expressed in dollars).

The expressions “associated company”, “related corporation” and “subsidiary” shall have the respective meanings ascribed to them in the Companies Act (As Revised) of the Cayman Islands (the “Companies Act”), as the case may be. Any discrepancies in tables included herein between the total sum of amounts listed and the totals thereof are due to rounding. Accordingly, figures shown as totals in certain tables may not be an arithmetic aggregation of the figures that precede them.

Certain of our customers and suppliers are referred to in this prospectus by their trade names. Our contracts with these customers and suppliers are typically with an entity or entities in the