STAK Inc. Ordinary Shares
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $23.4M
- Price
- $1.22
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.94%
- Volume
- 4.1M
About
Stak Inc. focuses on the development, manufacturing, and distribution of specialized equipment for the oil and gas industry. The company provides a wide array of oilfield vehicles, including trucks designed for oil pumping, well maintenance and repair, hydraulic fracturing, well flushing and de-waxing, and boiler operations, alongside other general service vehicles. In addition to its vehicle fleet, Stak Inc. offers a comprehensive suite of oilfield production and maintenance equipment. This ranges from components for well repair and entire fracking systems, to tools for well cleaning and wax removal, oil collection apparatus, and boiler systems, among other essential oilfield gear. Furthermore, Stak Inc. extends its services to include automation solutions for its specialized equipment, covering software development, client training, and system debugging. Founded in 2020, Stak Inc. is headquartered in Changzhou, China, and operates as a subsidiary under Lanying Capital Ltd.
Quick stats
Shares outstanding19.2M
Computed float19.2M
Float / shares100.0%
Key info
SectorEnergy
IndustryOil & Gas Equipment & Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002002453
Websitehttps://www.stakindustry.com
AI Summary
AI-generated1/6
minorbullishoperations update
STAK Inc. to Launch AI-Ready Distributed Power Solutions Through Proposed U.S. Subsidiary
STAK Inc. signed a memorandum of understanding to establish a majority-owned U.S. subsidiary focused on modular gas-to-electricity generation systems for AI data centers.
The new Delaware-incorporated entity will operate out of Texas, with STAK holding a 60% equity stake and consolidating its financial results.
The flagship product is a containerized unit capable of generating up to 1.4 megawatts, designed for rapid deployment in energy-intensive applications.
Commercial deployment is expected in the near term, subject to the execution of definitive agreements and necessary EPA and state-level environmental permits.
Red flags
- Deal is based on an MOU, not definitive agreements; closing is not guaranteed.
- New business line (power generation) is distinct from core oilfield equipment business, implying execution risk.
- Requires EPA and state permits, which can be time-consuming and uncertain.