Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 51

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 51
---
 you may lose some or all of your investment.

Following
the consummation of the business combination with Cetus Capital, the market price of the Ordinary Shares is likely to be highly volatile
and may be subject to wide fluctuations in response to a variety of factors, including the following:

  the                                                                                              

  29  

  the                                                                                                                                      
  the                                                                                                                                      
  the                                                                                                                                      
  coverage                                                                                                                                 
  changes                                                                                                                                  
  changes                                                                                                                                  
  changes                                                                                                                                  
  risks                                                                                                                                    
  risks                                                                                                                                    
  changes                                                                                                                                  

In
addition, the stock markets have experienced extreme price and volume fluctuations that have affected and continue to affect the market
prices of equity securities of many companies. These fluctuations have often been unrelated or disproportionate to the operating performance
of those companies. Broad market and industry factors, as well as general economic, political, regulatory and market conditions, may
negatively affect the market price of the Company’s Ordinary Shares, regardless of the Company’s actual operating performance.
Furthermore, due to their cost of acquiring the Company’s Ordinary Shares other than through the IPO of Cetus Capital being significantly
less than the effective price per share of Cetus Capital common stock paid by investors in the IPO of Cetus Capital, the ability of such
insiders who acquired shares at a lower cost to sustain the negative effects of any such volatility will be much greater than such investors
in the IPO of Cetus Capital or investors that acquired Cetus Capital common stock in the open market following the consummation of the
IPO of Cetus Capital.

Volatility
in the Company’s stock price could subject the Company to securities class action litigation.

In
the past, securities class action litigation has often been brought against a company following a decline in the market price of its
securities. If the Company faces such litigation, it could result in substantial costs and a diversion of management’s attention
and resources, which could harm its business.

The
future sales of shares by the Company’s shareholders and future exercise of registration rights may adversely affect the market
price of the Company’s Ordinary Shares.

Sales
of a substantial number of the Company’s Ordinary Shares in the public market could occur at any time. If the Company’s shareholders
sell, or the market perceives that such shareholders intend to sell, substantial amounts of the Company’s Ordinary Shares in the
public market, the market price of the Company’s Ordinary Shares could decline. The presence of these additional securities trading
in the public market may have an adverse effect on the market