CSRC Filing Summary: STAK Inc. Paves the Way for NASDAQ Listing

As of July 31, 2024, a total of 51 companies had successfully completed the filing procedures with the China Securities Regulatory Commission (CSRC). By August 31, this number increased to 52, indicating that one new company completed its filing in August. The company that completed its CSRC filing in August was STAK Inc., making it the only filer for the month.

▲  Number of companies

▲ Companies’ Name

Companies That Completed Filings in August

1.STAK Inc. ( 斯塔克工业集团有限公司 )

On August 9, 2024, STAK Inc. received the CSRC’s notification for overseas issuance and listing. According to this notification, STAK Inc. plans to issue no more than 5,750,000 ordinary shares and list on the NASDAQ Stock Exchange in the United States.

In August, STAK Inc. was the only company to complete its filing with the CSRC, marking a decrease of two companies compared to July. While the number of companies completing their filings in August declined, STAK Inc.’s successful filing represents a crucial step towards entering the international capital market. This development not only reflects the ongoing global expansion of Chinese companies but also provides important insights and references for other companies.

Disclaimer: Hexcellence Consulting, a registered Malaysian company specializing in all aspects of going public in U.S. Capital Markets. The information herein is for informational purposes only and does not constitute legal, financial, or investment advice. While we prioritize accuracy, some data may be sourced from third-party reputable sources. Our views expressed here are our own and may not represent those of third parties or regulatory bodies.

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