Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 136

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 136
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 liabilities, which would be considered off-balance sheet arrangements as of June 30, 2024. Cetus Capital does not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. Cetus Capital has not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non-financial assets.

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<div align='center'>UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION</div>

The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X and presents the combination of the historical financial information of Cetus Capital and MKD BVI, adjusted to give effect to the Business Combination and the other events contemplated by the Business Combination Agreement. Unless otherwise indicated or the context otherwise requires, references to the “ Combined Company” refer to MKDWELL Tech Inc. and its consolidated subsidiaries after giving effect to the Business Combination.

Defined terms included below shall have the same meaning as terms defined and included elsewhere in this prospectus.

Introduction

The Company is providing the following unaudited pro forma condensed combined financial information to aid you in your analysis of the financial aspects of the Business Combination, which was closed on July 31, 2024. As a result of such Business Combination, Cetus Capital became a wholly-owned subsidiary of MKDWELL Tech Inc., or the Company. This prospectus only includes the separate financial statements of MKD BVI and Cetus Capital up to June 30, 2024. As a result, the Company has not yet issued its consolidated financial statements consolidating those of its subsidiaries, which includes MKD BVI and Cetus Capital, for the period commencing on July 1, 2024.

The unaudited pro forma condensed combined balance sheet combines the unaudited condensed balance sheet of Cetus Capital as of June 30, 2024, with the unaudited condensed balance sheet of MKD BVI as of June 30, 2024, giving effect to the Business Combination as if it had been consummated on that date.

The unaudited pro forma condensed combined statement of operations for the six months ended June 30, 2024 and for the year ended December 31, 2023, combines the unaudited condensed statement of