Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 289

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 289
---
. As of December 31, 2023 and 2022, there were noshares of Class B common stock issued and outstanding.

Preferred Stock— Our amended and restated certificate of incorporation authorizes the Company to issue 1,000,000shares of preferred stock with a par value of $ 0.0001per share with such designations, rights and preferences as may be determined from time to time by the Company’s Board of Directors. As of December 31, 2023 and 2022, there were noshares of preferred stock issued or outstanding.

Warrants— The Public Warrants will become exercisable commencing on the later of 12 months from the effective date of the Company’s registration statement for the IPO or the date of the consummation of a Business Combination. The Public Warrants will expire five years from the consummation of a Business Combination or earlier upon redemption or liquidation.

The Company will not be obligated to deliver any Class A common stock pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration statement under the Securities Act covering the issuance of the Class A common stock issuable upon exercise of the Public Warrants is then effective and a prospectus relating thereto is current, subject to the Company satisfying its obligations with respect to registration. No warrant will be exercisable and the Company will not be obligated to issue Class A common stock upon exercise of a warrant unless the Class A common stock issuable upon such warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the warrants.

| F-82 |

CETUS CAPITAL ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

Note 8 - Stockholders’ Equity (Continued)

Once the warrants become exercisable, the Company may redeem the Public Warrants:

| ● | in                                                                                                                                            
 whole and not in part;                                                                                                                        |
| ● | at                                                                                                                                            
 a price of $0.01 per warrant;                                                                                                                 |
| ● | at                                                                                                                                            
 any time after the warrants become exercisable,                                                                                               |
| ● | upon                                                                                                                                          
 not less than 30 days’ prior written notice of redemption to each warrant holder;                                                             |
| ● | if,                                                                                                                                           
 and only if, the reported last sale price of the Class A common stock equals or exceeds $18.00 per share (as adjusted for share subdivisions, 
 share dividends, re