Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 58

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 4
Chunk 58
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daq notified the Company that it had approved the Company’s application
to list its ordinary shares on the Nasdaq Capital Market. The Company’s securities were transferred to the Nasdaq Capital Market
at the opening of business on March 25, 2025.

The
Company is subject to certain of the informational filing requirements of the Exchange Act. Since the Company is a “foreign private
issuer,” it is exempt from the rules and regulations under the Exchange Act prescribing the furnishing and content of proxy statements,
and the officers, directors and principal shareholders of the Company are exempt from the reporting and “short-swing” profit
recovery provisions contained in Section 16 of the Exchange Act with respect to their purchase and sale of Ordinary Shares. In addition,
the Company is not required to file reports and financial statements with the SEC as frequently or as promptly as U. S. public companies
whose securities are registered under the Exchange Act. However, the Company is required to file with the SEC an Annual Report on Form
20-F containing financial statements audited by an independent accounting firm. The SEC also maintains a website at www. sec. gov that
contains reports and other information that the Company files with or furnishes electronically to the SEC. The Company maintains a website
at www. mkdwell. com. The reference to our website is an inactive textual reference only, and information contained therein or connected
thereto does not form part of this report.

The
mailing address of the Company’s principal executive office is 1F, No. 6-2, Duxing Road, Hsinchu Science Park, Hsinchu City 300,
Taiwan, and its telephone number is +886-3-5781899. Our transfer agent and warrant agent is Continental Stock Transfer & Trust Company,
1 State Street, 30th Floor, New York, NY 10004.

B.
Business Overview

Overview

MKD
uses artificial intelligence of things (“ AIoT”) technology to bring comfort and safety to travelers, leading to a more intelligent
future of travel. Our mission is to use AIoT technology to enable Intelligent, Secure, and Comfortable driving to make life on the road
more colorful. MKDWELL Tech Inc., or the Company, is a business company incorporated in the BVI as a holding company. The Company’s
Ordinary Shares are listed on the Nasdaq Global Market, and the Company’s Warrants are listed on the Nasdaq Capital Market. Following
the completion of