Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 159

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 159
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 a floor price of $0.178 for the possible future conversions into Ordinary Shares. In the event a conversion notice is delivered where the conversion price is less than the floor price, the Company may satisfy the conversion by payment of the applicable conversion amount multiplied by 110% in cash within two trading days, or alternatively, the Company may reduce the floor price (subject to applicable Nasdaq rules and regulations) to a price at or below the conversion price and deliver the applicable conversion shares.

Upon the occurrence of a Trigger Event, the Investor shall have the right to increase the balance of the Note by 15% for Major Trigger Event and 10% for Minor Trigger Event. In addition, the Note provides that upon the occurrence of an Event of Default, the interest rate shall accrue on the outstanding balance at the rate equal to the lesser of 18% per annum or the maximum rate permitted under applicable law.

The following table sets forth certain information with respect to each Selling Securityholder, including (i) the ordinary shares beneficially owned by the Selling Securityholder prior to this offering, (ii) the number of Resale Shares to be sold by the Selling Securityholder pursuant to this prospectus, and (iii) the Selling Securityholder’s beneficial ownership after completion of this offering. The registration of the Resale Shares does not necessarily mean that the Selling Securityholders will sell all or any of such Resale Shares, but the number of the ordinary shares and percentages set forth in the final two columns below assume that all Resale Shares being offered by the Selling Securityholders pursuant to this prospectus are sold. See “Plan of Distribution.”

| Selling Securityholder        |     | Number of Ordinary Shares Owned 
 Currently(1)                    |           |     | Percentage of Ordinary Shares Owned Currently |     |   |     | Maximum Number of Ordinary Shares to be Sold Pursuant to this Prospectus |             |     | Ordinary Shares Owned Immediately Following Sale of the Maximum Number of Ordinary Shares in this Offering |            |     | Percentage of Ordinary Shares Owned After this Offering |     |   |
| Streeterville Capital LLC (2) |     |                                 | 1,800,000 |     |                                               | 9.7 | % |     |                                                                          |  10,730,094 |     |                                                                                                            | —          |     |                                                         |   — |   |
| D. Boral Capital LLC (3)      |     |                                 |    57,500 |     |                                               | 0.3 | % |