Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 58

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 58
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 that the Ordinary Shares will be subject to delisting. The Company would have the right to appeal a determination to delist its Ordinary Shares to a hearings panel. The Company intends to actively monitor the closing bid price of the Ordinary Shares and will evaluate available options to regain compliance with the Minimum Bid Price Requirement. However, there can be no assurance that the Company will regain compliance during the initial 180-day compliance period, secure a second compliance period or maintain compliance with the other Nasdaq Listing Rules.

On September 19, 2024, the Company received a notification letter from Nasdaq, indicating that the Company was no longer in compliance with the minimum Market Value of Listed Securities (“MVLS”) of $50,000,000 required for continued listing on The Nasdaq Global Market, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Requirement”) since the Company failed to meet the MVLS Requirement for a period of 30 consecutive business days from August 5, 2024 to September 18, 2024. Consequently, the Company applied for a transfer of its ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market. On March 20, 2025, Nasdaq notified the Company that it had approved the Company’s application to list its ordinary shares on the Nasdaq Capital Market. The listing of the Company’s Ordinary Shares were transferred to the Nasdaq Capital Market at the opening of business on March 25, 2025.

To remedy any deficit in funds or shareholder equity in order to satisfy Nasdaq’s continuing listing standards or other minimum bid price requirements, if any, the Company may have to raise additional funding through dilutive equity investments or other external sources, but there is no certainty such external funding will be available or on acceptable terms, or the Company may have to conduct reverse stock splits to consolidate its shares. If the Company fails to meet Nasdaq’s continued listing requirements and Nasdaq delists the Company’s Ordinary Shares from trading on its exchange and the Company is not able to list its securities on another national securities exchange, the Company could face significant material adverse consequences, including:

| ● | a                                                                                              
 limited availability of market quotations for the Company’s Ordinary Shares;                   |
| ● | reduced                                                                                        
 liquidity and trading price for the Company’s Ordinary Shares;                                 |
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 limited amount of news and analyst coverage for the Company; and                               |
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 decreased ability to issue additional securities or obtain additional