Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 146

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 146
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 indemnify its officers and directors.

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<div align='center'>DESCRIPTION OF SECURITIES</div>

The Company is a business company incorporated in the BVI and its affairs are governed by the Amended and Restated Memorandum and Articles of Association, the Companies Act and the common law of the BVI.

The Company has the following series of securities registered pursuant to Section 12(b) of the Securities Exchange Act:

| Title                                                                                    
 of each class                                                                            |     | Trading   
 Symbol(s) |     | Name                            
 of exchange on which registered |
| Ordinary                                                                                 
 Shares, $0.0001 par value per share                                                      |     | MKDW      |     | The                             
 NASDAQ Stock Market LLC         |
| Warrants*,                                                                               
 each exercisable to purchase one Ordinary Share at an exercise price of $11.50 per share |     | MKDWW     |     | The                             
 NASDAQ Stock Market LLC         |

The Company’s Ordinary Shares

The following includes a summary of the terms of the Company’s Ordinary Shares, based on its Amended and Restated Memorandum and Articles of Association and BVI law.

General.The Company is authorized to issue an unlimited amount of shares with US$0.0001 par value each divided into (a) ordinary shares and (b) five (5) classes of preferred shares. All of the Company’s issued and outstanding ordinary shares are fully paid and non-assessable. Certificates representing the ordinary shares do not need to be issued as a matter of BVI law and will not be issued. The Company may not issue shares to bearer. the Company’s shareholders who are non-residents of the BVI may freely hold and transfer their ordinary shares.

Dividends.The holders of the Company Ordinary Shares are entitled to such dividends as may be declared by its Board of Directors subject to the Amended and Restated Memorandum and Articles of Association and the Companies Act. The Amended and Restated Memorandum and Articles of Association provides that the Company may authorize a dividend if the directors are satisfied, on reasonable grounds, that the Company will satisfy the “solvency test” as set out in the Companies Act, meaning that, immediately after the dividend, the value of the Company’s assets exceeds its liabilities, and the Company is able to pay its debts as they fall due.

Shareholders’ Meetings.The following summarizes certain relevant provisions of BVI law and the Amended and Restated Memorandum and Articles of Association in relation to our shareholders’ meetings:

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