Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 13

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 13
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2024 and listing on Nasdaq does not require further review or approval by CSRC. However, see “ Risk Factors—Risks Related to Doing Business in China.”

Recent Developments

Consummation of the Business Combination with Cetus Capital

On June 20, 2023, Cetus Capital Acquisition Corp., a Delaware corporation (“Cetus Capital”) entered into a Business Combination Agreement (the “Business Combination Agreement”), with MKD Technology Inc., a Taiwan corporation (“MKD Taiwan”), MKDWELL Limited, a company incorporated in the British Virgin Islands (“BVI”), and Ming-Chia Huang, in his capacity as the representative of the shareholders of MKD Taiwan (the “Shareholders’ Representative”), pursuant to which, among other things: (A) the Shareholders’ Representative will incorporate MKDWELL Tech Inc., a BVI business company (the “Company”), for the purpose of serving as the public listed company whose shares are listed on The Nasdaq Stock Market LLC (“Nasdaq”); (B) the Company will incorporate MKDMerger1 Inc., a BVI business company and wholly-owned subsidiary of the Company (“Merger Sub 1”), for the sole purpose of merging with and into MKD BVI (the “Acquisition Merger”) with MKD BVI being the surviving entity and a wholly-owned subsidiary of the Company; (C) the Company will incorporate MKDMerger2 Inc., a BVI business company and wholly-owned subsidiary of the Company (“Merger Sub 2”), for the sole purpose of merging with and into Cetus Capital (the “SPAC Merger”, and together with the Acquisition Merger, the “Mergers”; and the transactions contemplated by the Business Combination Agreement being collectively referred to as the “Business Combination”), in which Cetus Capital will be the surviving entity; (D) MKD BVI and Merger Sub 1 will effect the Acquisition Merger; and (E) Cetus Capital and Merger Sub 2 will effect the SPAC Merger. Following the consummation of the Business Combination on July 31, 2024, the Company became a publicly traded company listed on Nasdaq.

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Following the closing of the Business Combination, Cetus Capital became a wholly owned subsidiary of the Company. The Ordinary Shares and Warrants of the Company are traded on Nasdaq under the symbols “MKDW” and “MKDWW,” respectively. Immediately following the closing of the Business Combination, on August 1,