Loeb Guides STAK Inc. in $5 Million Initial Public Offering

Loeb & Loeb represented STAK Inc., a company focused on the research, development, manufacturing and sale of oilfield-specialized production and maintenance equipment, in its initial public offering of 1,250,000 ordinary shares at a public offering price of $4.00 per share, generating total gross proceeds of $5 million before underwriting discounts and expenses.

The ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol “STAK” on February 26, 2025. 

The Loeb team was led by Lawrence Venick, managing partner of the firm’s Hong Kong and Beijing offices, and included Capital Markets associates Rongwei Xie and Jeffrey Yeung.

For more information, please see the company’s press release.