Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 37

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 37
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 could lead to volatile price movements in the Company’s Ordinary Shares that are not directly correlated to the
operating performance of the Company.

  21  

It
is not expected that the Company will pay dividends in the near future.

It
is expected that the Company will retain most, if not all, of the Company’s available funds and any future earnings to fund the
development and growth of the Company’s business. As a result, it is not expected that the Company will pay any cash dividends
in the near future.

The
Company’s Board will have complete discretion as to whether to distribute dividends. Even if the Company’s Board decides
to declare and pay dividends, the timing, amount and form of future dividends, if any, will depend on the future results of operations
and cash flow, capital requirements and surplus, the amount of distributions, if any, received from the Company’s subsidiaries,
the Company’s financial condition, contractual restrictions and other factors deemed relevant by the board of directors. There
is no guarantee that the Company’s shares will appreciate in value or that the trading price of the shares will not decline.

If
securities and industry analysts do not publish research or publish inaccurate or unfavorable research or cease publishing research about
the Company, the price and trading volume of the Company’s securities could decline significantly.

The
trading market for the Company’s Ordinary Shares will depend in part on the research and reports that securities or industry analysts
publish about the Company or its business. Securities and industry analysts do not currently, and may never, publish research on the
Company. If no securities or industry analysts commence coverage of the Company, the trading price for the Company’s Ordinary Shares
would likely be negatively impacted. In the event securities or industry analysts initiate coverage, if one or more of the analysts who
cover the Company downgrade its securities or publish inaccurate or unfavorable research about its business, its stock price would likely
decline. If one or more of these analysts cease coverage of the Company or fail to publish reports on the Company, demand for the Company’s
Ordinary Shares could decrease, which might cause the share price and trading volume of the Company’s Ordinary Shares to decline.

The
Company is a foreign private issuer within the meaning of the rules under the Exchange Act, and as such it is exempt from certain provisions
applicable to domestic public companies in the United States.

As
a foreign private issuer, the Company will be exempt from certain provisions of the securities rules and regulations in the United States
that are