Company: MKDWW
Filing Date: 2025-04-15
Form Type: 424B3
Source: 0001641172-25-004780
Chunk: 133

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-15
Form: 424B3
Chunk 133
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2, 2023 and 2024, respectively. We intend to fund our future capital expenditures with our existing cash balance and proceeds from this offering. We will continue to incur capital expenditures as needed to meet the expected growth of our business.

Tabular Disclosure of Contractual Obligations

The following table sets forth our contractual obligations as of December 31, 2024. The amounts are gross and undiscounted and include contractual interest payments.

|                                           |     | Payment Due by Period 
 Total                 |           |     | Less than 1 year |           |     | 1-3 years |           |     | 3-5 years |   |
|:------------------------------------------|:----|:----------------------|----------:|:----|:-----------------|----------:|:----|:----------|----------:|:----|:----------|:--|
| Bank borrowing                            |     | $                     | 5,586,360 |     |                  | 2,771,498 |     |           | 2,814,862 |     |           | - |
| Payments of leaseback                     |     |                       | 1,512,566 |     |                  | 1,242,154 |     |           |   270,412 |     |           | - |
| Operating and financing lease commitments |     |                       |    61,147 |     |                  |    61,147 |     |           |         - |     |           | - |
| Related party loans                       |     |                       | 2,162,876 |     |                  | 2,162,876 |     |           |         - |     |           | - |
| Loans from third parties                  |     |                       |   121,375 |     |                  |   121,375 |     |           |           |     |           |   |
| Total                                     |     | $                     | 9,444,324 |     |                  | 6,359,050 |     |           | 3,085,274 |     |           | - |

We are currently involved in a litigation matter with the previous U.S. legal advisor of Cetus Capital, which is one of our subsidiaries, and may be required to pay related reasonable attorneys’ fees. The amount was not able to be quantified at this stage, and hence no related liability was accrued in the financial statements.Other than those shown above, we did not have any significant capital and other