Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 70

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 70
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, fines or similar fiscal or revenue obligations of the Company; |
| ● | in                                                                                                                                      
 obtaining judgment there was no fraud on the part of the person in whose favor judgment was given or on the part of the court;          |
| ● | no                                                                                                                                      
 new admissible evidence relevant to the action was submitted prior to the rendering of the judgment by the BVI courts;                  |
| ● | recognition                                                                                                                             
 or enforcement of the judgment in the BVI would not be contrary to public policy; and                                                   |
| ● | the                                                                                                                                     
 proceedings pursuant to which judgment was obtained were not contrary to natural justice.                                               |

There is therefore uncertainty with regard to BVI law as to whether a judgment obtained from the United States courts under civil liability provisions of the securities laws will be determined by the courts of the BVI as penal or punitive in nature. If such a determination is made, the courts of the BVI are also unlikely to recognize or enforce the judgment against a BVI company. Because the courts of the BVI have yet to rule on whether such judgments are penal or punitive in nature, it is uncertain whether they would be enforceable in the BVI.

The Company is an “emerging growth company,” as defined under the federal securities laws, and the Company cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make the Company’s securities less attractive to investors.

The Company will be an “emerging growth company” as defined in the JOBS Act, and it will remain an “emerging growth company” until the earliest to occur of (1) the last day of the fiscal year (a) following the fifth anniversary of the Closing, (b) in which the Company has total annual gross revenue of at least $1.235 billion or (c) in which the Company is deemed to be a large accelerated filer, which means the market value of the Company’s Shares held by non-affiliates exceeds $700 million as of the last business day of the prior second fiscal quarter, and (2) the date on which the Company issued more than $1.0 billion in non-convertible debt during the prior three-year period. It is expected that the Company will take advantage of exemptions from various reporting requirements that are applicable to most other public companies, whether or not they are classified as “emerging growth companies,” including, but not limited to, an exemption from the provisions of Section 404(b) of the Sarbanes-Oxley Act requiring that the Company’s independent registered