Company: KMRK
Filing Date: 2025-03-25
Form Type: DRS/A
Source: 0001013762-25-001825
Chunk: 95

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-25
Form: DRS/A
Chunk 95
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 the offering (assuming the selling shareholder disposes of the entire [*] Shares pursuant to the resale prospectus) Note: On [*] 2024, Mr. Kwok Yiu Fai, Mr. Kwok Yiu Keung and Mr. Kwok Yiu Wah entered into an Acting in Concert Agreement pursuant to which they undertake that following the completion of this offering, the controlling shareholders shall act in concert in relation to all matters that require the decisions of the shareholders of the Company. As a result of the Acting in Concert Agreement, our Controlling Shareholders will collectively control [91.8]% of the total voting power upon the completion of this offering and the sale of our Class A Shares by the Selling Shareholders pursuant to the Resale Prospectus. The above chart assumes an offering of [*] Class A Shares, and assumes that the Underwriters’ over -allotmentoption is not exercised. Reorganization Prior to the incorporation of the Company, our principal operations were carried out through KMT. KMT was wholly owned by our Controlling Shareholders being Mr.Kwok Yiu Fai, Mr.Kwok Yiu Keung and Mr.Kwok Yiu Wah. On December2, 2024, K -TechSolutions Company Limited was incorporated under the laws of the BVI, and was authorized to issue a maximum of 500,000,000 ordinary shares of a single class with par value of US$0.0001 per share. A total of 30,000 ordinary shares were issued and allotted to Mr.Kwok Yiu Fai, Mr.Kwok Yiu Keung and Mr.Kwok Yiu Wah. On December20, 2024, as part of the reorganization in contemplation of this offering, we completed a share swap transaction, pursuant to which KTech acquired all the issued shares of KMT from Mr.Kwok Yiu Fai, Mr.Kwok Yiu Keung and Mr.Kwok Yiu Wah by way of allotting and issuing an aggregate of 19,470,000 ordinary shares to them. As of the date of this prospectus, KMT, our Hong Kong operating subsidiary, are wholly -owned, directly by the Company. As a result, the Company total issued 19,500,000 ordinary shares to them. On December30, 2024, our Controlling Shareholders sold a total of [3,000,000] ordinary shares to five corporations, all of whom have no affiliation with