Company: KMRK
Filing Date: 2025-07-16
Form Type: 424B4
Source: 0001213900-25-064537
Chunk: 129

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-07-16
Form: 424B4
Chunk 129
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 or established a formal policy or procedure for determining the amount of compensation paid to our executive officers. The Board of directors will make an independent evaluation of appropriate compensation to key employees, with input from management. The Board of directors has oversight of executive compensation plans, policies and programs. For the six months ended September30, 2024 and 2023, we paid an aggregate compensation of US$77,489 and US$77,226, respectively, in cash (including salaries, bonus and mandatory provident fund contributions) to our executive officers and directors. For the years ended March 31, 2025, 2024 and 2023, we paid an aggregate compensation of US$186,113, US$222,347 and US$218,067, respectively, in cash (including salaries, bonus and mandatory provident fund contributions) to our executive officers and directors. Our Hong Kong subsidiary is required by law to make contributions equal to certain percentages of each employee’s salary for his or her mandatory provident fund. We have also not made any agreements with our directors or executive officers to provide benefits upon termination of employment. Corporate Governance Practices Foreign Private Issuer After the consummation of the IPO, we will qualify as a “foreign private issuer” under the SEC rules and Nasdaq Capital Market Company Guide. As a foreign private issuer, we will be exempt from the rules under the Exchange Act related to the furnishing and content of proxy statements, and our officers, directors and principal shareholders will be exempt from the reporting and short -swingprofit recovery provisions contained in Section 16 of the Exchange Act. Also, we are not required to comply with Regulation FD, which restricts the selective disclosure of material information. However, we will file with the SEC, within 120 days after the end of each fiscal year, or such applicable time as required by the SEC, an annual report on Form 20 -Fcontaining financial statements audited by an independent registered public accounting firm, and we will submit to the SEC from time to time, on Form 6 -K, reports of information that would likely be material to an investment decision in our Class A Shares. As a “foreign private issuer,” as defined by the SEC, we are permitted to follow home country corporate governance practices, instead of certain corporate governance standards required by the Nasdaq Capital Market for U.S. companies. The exemptions are subject to our disclosure of which requirements we are not following and the equivalent BVI requirements. Below are some of the exemptions afforded to foreign