STAK Enters Memorandum Of Understanding To Launch U.S. Subsidiary To Develop, Market, And Commercialize Modular Gas-To-Electricity Power Generation Systems

The Subsidiary is expected to be incorporated in Delaware, with operations conducted through a wholly owned entity in Texas. STAK will hold a 60% equity interest in the Subsidiary and will consolidate its financial results. The Subsidiary will operate under STAK's strategic direction, with STAK overseeing all sales, branding, and capital markets activities.