Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 108

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 108
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 employees.

Home country practice in lieu of certain Nasdaq corporate governance requirements

The Company has informed Nasdaq that it intends to follow certain BVI corporate governance practices in lieu of certain requirements of the Rule 5200 Series and 5600 Series of The Nasdaq Stock Market LLC Rules (the “Rules”) below:

| 1. | Rule                                                                                                                              
 5605(b)(2) of the Nasdaq Listing Rules, which requires that independent directors must have regularly scheduled meetings at which 
 only independent directors are present.                                                                                           |

| 2. | Rule                                                                                                                                         
 5620(a) of the Nasdaq Listing Rules, which requires that each company listing common stock or voting preferred stock, and their equivalents, 
 shall hold an annual meeting of shareholders no later than one year after the end of the company’s fiscal year-end.                          |

| 3. | Rule                                                                                                                              
 5620(b) of the Nasdaq Listing Rules, which requires that each company that is not a limited partnership shall solicit proxies and 
 provide proxy statements for all meetings of shareholders and shall provide copies of such proxy solicitation to Nasdaq.          |

| 4. | Rule                                                                                                                                    
 5635(a) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to the issuance of securities in        
 connection with the acquisition of the stock or assets of another company if: (1) where, due to the present or potential issuance       
 of common stock, including shares issued pursuant to an earn-out provision or similar type of provision, or securities convertible      
 into or exercisable for common stock, other than a public offering for cash: (A) the common stock has or will have upon issuance        
 voting power equal to or in excess of 20% of the voting power outstanding before the issuance of stock or securities convertible        
 into or exercisable for common stock; or (B) the number of shares of common stock to be issued is or will be equal to or in excess      
 of 20% of the number of shares of common stock outstanding before the issuance of the stock or securities; or (2) any director, officer 
 or substantial shareholder (as defined by Rule 5635(e)(3)) of the company has a 5% or greater interest (or such persons collectively    
 have a 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