Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 210

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 210
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owed to Mr. Ming-Chia Huang will be converted into 8,231,000newordinary shares of the Company, which will be redesignated into 8,231,000new Class A preferred shares subject to approval by shareholders of the Company by an ordinary resolution; (ii) an amount of $ 550,000owed to Ms. Ya-Hui Wu will be converted into 5,500,000new ordinary shares of the Company; and (iii) an amount of $ 1,110,000owed to AWinner Limited will be converted into 11,100,000new ordinary shares of the Company. The execution of the Debt Conversion Agreements will decrease the Company’s liabilities and increase the Company’s equity.

The shares to be issued have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and were offered pursuant to the exemption provided in Rule 903 of Regulation S under the Securities Act of the Securities Act because all of the investors were non-U.S. Persons.

The Company has evaluated subsequent events through the date of issuance of the consolidated financial statements and does not identify any other events that would have material financial impact on the Company’s consolidated financial statements.

| F-35 |

<div align='center'>PART II

INFORMATION NOT REQUIRED IN PROSPECTUS</div>

Item 6. Indemnification of Directors and Officers

Pursuant to the BVI Companies Act and the Company’s Amended and Restated Memorandum and Articles of Association, the Company shall indemnify against all expenses, including legal fees, and against all judgments, fines and amounts paid in settlement and reasonably incurred in connection with legal, administrative or investigative proceedings any person who: (a) is or was a party or is threatened to be made a party to any threatened, pending or completed proceedings, whether civil, criminal, administrative or investigative, by reason of the fact that the person is or was a director, an officer or a liquidator of the Company; or (b) is or was, at the request of the Company, serving as a director or in any other capacity is or was acting for, another body corporate or a partnership, joint venture, trust or other enterprise. This indemnification does not apply to a person unless the person acted honestly and in good faith and in what he believed to be the best interests of the Company and, in the case of criminal proceedings, the person had no reasonable cause to believe that his conduct was unlawful.

Under the Company’s Am