Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 166

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 166
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 Company agrees to pay advisory fees to the Representative for its financial advisor service in connection with the Offering in the amount of Seventy Thousand dollars ($70,000) payable as follows: (i) Fifty Thousand dollars ($50,000) will be paid upon the execution of this engagement letter and (ii) the remaining Twenty Thousand dollars ($20,000) will be paid within 3 business days upon public filing of the registration statement. Notwithstanding anything to the contrary in this prospectus, the compensation and expenses provided for in the Underwriting Agreement shall be subject to such reduction as may be necessary for the compensation to comply with FINRA Rule 5110. Right of First Refusal In addition, the Company agrees to grant the representative a right of first refusal (the “Right of First Refusal”), exercisable at the sole discretion of the representative for twelve months from the closing day of this offering, to provide investment banking service to the Company on an exclusive basis and on terms that are the same or more favorable to the Company comparing to terms offered to the Company by other underwriters or placement agents. For these purposes, the investment banking service includes, without limitation, (a) acting as lead manager for any underwritten public offering; and (b) acting as placement agent, initial purchaser in connection with any private offering of securities of the Company. The Right of First Refusal shall be subject to FINRA Rule 5110(g)(5). Lock-up Agreements We agree that, subject to certain exceptions, we will not without the prior written consent of the underwriters, during the 180 days after the closing of the offering (the “restricted period”): •offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of capital stock of our Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of our Company, except for the shares or options issued under the Company’s incentive plan; •file or cause to be filed any registration statement with the SEC relating to the offering of any shares of capital stock of our Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of our Company; or •enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of capital stock of our Company whether any such transaction described above