Company: KMRK
Filing Date: 2025-06-25
Form Type: F-1/A
Source: 0001213900-25-057444
Chunk: 165

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-06-25
Form: F-1/A
Chunk 165
---
 with and upon closing of the Offering, the Company shall grant warrants equal to five percent (5.0%) of the total number of Class A Shares issued in the Offering (the “Warrants”); provided that the Warrants shall be exercisable at a strike price equal to one hundred twenty -fivepercent (125.0%) of the Offering price offered to the public, for nominal consideration. Any and all Warrants to be issued to ATIS will be due and payable upon the closing of the IPO and shall be issued to ATIS in conjunction with the closing of the IPO (unless otherwise agreed to in writing). The Warrants shall not be sold during the Offering, or sold, transferred, assigned, pledged, or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the securities by any person for a period of 180 days immediately following the date of the commencement of sales of the IPO, except that they may be transferred to any member participating in the IPO and the officers or partners thereof, if all securities so transferred remain subject to the lock -uprestriction for the remainder of the time period. The Warrants shall be exercisable from the date of issuance and for a term of three (3) years. The Warrants shall contain cashless exercise provisions and shall be non -callableand non -cancelablewith immediate demand and/or piggy -backregistration rights to the satisfaction of ATIS at the Company’s expense, so that they are registered in the Registration Statement being filed by the Company for its IPO where applicable. The Representative’s Warrants provide for one immediate demand registration right and/or unlimited piggy -backregistration rights at the Company’s expense, so that they are registered in this registration statement. The one demand registration right will not be greater than five years from the commencement of the offering, and the unlimited piggyback registration rights will not be greater than seven years from the commencement of the offering. The Representative’s Warrants and the Class A Shares underlying the Representative’s Warrants, have been deemed compensation by the Financial Industry Regulatory Authority, or FINRA, and are therefore subject to a 180 -daylock -uppursuant to Rule 5110(g)(1) of FINRA. The Warrants shall also have customary anti -dilutionprovisions for stock dividends, splits, mergers, and any future stock issuance, etc., at a price(s) below said exercise price per share and shall