CompStak , Inc. announced that it will issue 5,827,577 series B preferred shares at issue price of $3.13874 per share for gross proceeds of $18,291,249 on January 9, 2019. The shares are convertible and non-cumulative. The dividend on preferred shares will have fixed value of $0.2511 per share. The preferred shares will convertible into common shares at fixed conversion price of $3.13874 per share.