Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 191

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 191
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94,470 |   |
| Cash paid for interest                                                                         |     |            8,548 |   |     |     32,063 |   |

The accompanying notes are an integral part of these unaudited interim condensed combined financial statements.

F-26

K-TECH SOLUTIONS COMPANY LIMITED Notes to the unaudited INTERIM CONDENSED combined financial statements NOTE 1 — BUSINESS OVERVIEW AND BASIS OF PRESENTATION K -TechSolutions Company Limited (the “Company”), was incorporated in the British Virgin Islands (“BVI”) with limited liability under Companies Act on December2, 2024. The registered office of the Company is Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands. The Company is controlled by Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah. Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu Wah are referred to as the controlling shareholders. The Company is principally engaged in design, development, testing and sales of a diverse portfolio of toy products ranging from simple plastic toy products to more complex electromechanical toy products in Hong Kong through its direct wholly owned subsidiary that is incorporated and domiciled in Hong Kong, namely K -MarkTechnology Limited (“K -MarkTechnology”). Details of the Company are set out in the table as follows:

Reorganisation The Company was incorporated in the BVI on December 2, 2024 and is a holding company with no material operations. K -MarkTechnology Limited was incorporated in Hong Kong as a limited liability company. On December30, 2024, as part of the reorganization, the Company acquired K -MarkTechnology Limited. As a result, K -MarkTechnology Limited became a direct wholly owned subsidiary of the Company. During the years presented in these combined financial statements, the control of these entities has been demonstrated by Kwok Yiu Keung, Kwok Yiu Fai and Kwok Yiu, as joint owners, as if the Reorganization had taken place at the beginning of the earlier date presented. Accordingly, the combination has been treated as a corporate restructuring of entities under common control and thus the current capital structure has been retroactively presented in prior periods as if such structure existed at that time and in accordance with ASC 805 -50-45-5, the entities under common control are presented on a combined basis for all periods to which such entities were under common control. The combination of the Company and