Company: KMRK
Filing Date: 2025-09-24
Form Type: 424B3
Source: 0001213900-25-091102
Chunk: 30

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-09-24
Form: 424B3
Chunk 30
---
 be deprived of such PCAOB inspections,
which could result in limitations or restrictions to our access of the U.S. capital markets.

<div align='center'>14</div>

As
part of a continued regulatory focus in the U.S. on access to audit and other information currently protected by national law,
in June 2019, a bipartisan group of lawmakers introduced bills in both houses of the U.S. Congress that, if passed, would
require the SEC to maintain a list of issuers for which PCAOB is not able to inspect or investigate the audit work performed by a
foreign public accounting firm for such issuers completely. The proposed Ensuring Quality Information and Transparency for
Abroad-Based Listings on our Exchanges Act prescribes increased disclosure requirements for these issuers and, beginning in 2025,
the delisting from U.S. national securities exchanges of issuers included on the SEC’s list for three consecutive
years. It is unclear if this proposed legislation will be enacted. Furthermore, there have been recent deliberations within the
U.S. government regarding potentially limiting or restricting China-based companies from accessing U.S. capital
markets.

On
May 20, 2020, the U.S. Senate passed the HFCA Act, which includes requirements for the SEC to identify issuers whose audit
work is performed by auditors that the PCAOB is unable to inspect or investigate completely because of a restriction imposed by a
non-U.S. authority in the auditor’s local jurisdiction. The U.S. House of Representatives passed the HFCA Act on
December 2, 2020, and the HFCA Act was signed into law on December 18, 2020. Additionally, in July 2020, the U.S.
President’s Working Group on Financial Markets issued recommendations for actions that can be taken by the executive branch,
the SEC, the PCAOB or other federal agencies and department with respect to Chinese companies listed on U.S. stock exchanges and
their audit firms, in an effort to protect investors in the U.S. In response, on November 23, 2020, the SEC issued
guidance highlighting certain risks (and their implications to U.S. investors) associated with investments in China-based
issuers and summarizing enhanced disclosures the SEC recommends China- based issuers make regarding such risks.

On March 24,
2021, the SEC adopted interim final rules relating to the implementation of certain disclosure and documentation requirements in the HFCA
Act. On December 2, 202