STAK Inc. held an extraordinary general meeting on June 5, 2025, in Changzhou, China. Shareholders approved the reclassification of 37,500,000 ordinary shares into Class A ordinary shares and the creation of 12,500,000 Class B ordinary shares. Additionally, an increase in the authorised share capital to US$100,000 was approved. The adoption of the Second Restated Memorandum and Articles of Association was also approved. Furthermore, the company was authorised to repurchase 7,700,000 Class A Ordinary Shares from Lanying Capital Limited, in exchange for issuing 7,700,000 Class B Ordinary Shares to Lanying.
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