Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 40

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 40
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 10% or greater interest),
directly or indirectly, in the company or assets to be acquired or in the consideration to be paid in the transaction or series of related
transactions and the present or potential issuance of common stock, or securities convertible into or exercisable for common stock, could
result in an increase in outstanding common shares or voting power of 5% or more.

5.
Rule 5635(b) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to the issuance of securities when
the issuance or potential issuance will result in a change of control of the company.

6.
Rule 5635(c) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to the issuance of securities when
a stock option or purchase plan is to be established or materially amended or other equity compensation arrangement made or materially
amended, pursuant to which stock may be acquired by officers, directors, employees, or consultants, except for: (1) warrants or rights
issued generally to all security holders of the company or stock purchase plans available on equal terms to all security holders of the
company (such as a typical dividend reinvestment plan); (2) tax qualified, non-discriminatory employee benefit plans (e. g., plans that
meet the requirements of Section 401(a) or 423 of the Internal Revenue Code) or parallel nonqualified plans, provided such plans are
approved by the company’s independent compensation committee or a majority of the company’s independent directors; or plans
that merely provide a convenient way to purchase shares on the open market or from the company at Market Value; (3) plans or arrangements
relating to an acquisition or merger as permitted under IM-5635-1; or (4) issuances to a person not previously an employee or director
of the company, or following a bona fide period of non-employment, as an inducement material to the individual’s entering into
employment with the company, provided such issuances are approved by either the company’s independent compensation committee or
a majority of the company’s independent directors. Promptly following an issuance of any employment inducement grant in reliance
on this exception, a company must disclose in a press release the material terms of the grant, including the recipient(s) of the grant
and the number of shares involved.

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7.
Rule 5635(d) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to a