Company: KMRK
Filing Date: 2025-03-25
Form Type: DRS/A
Source: 0001013762-25-001825
Chunk: 90

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-25
Form: DRS/A
Chunk 90
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 expressed, implied or forecast by our forward -lookingstatements. Accordingly, you should be careful about relying on any forward -lookingstatements. Except as required under the laws, we do not have any intention or obligation to update publicly any forward -lookingstatements after the distribution of this prospectus, whether as a result of new information, future events, changes in assumptions, or otherwise. 48 Industry Data and Forecasts This prospectus contains certain data and information that we obtained from various government and industry publications through publicly available sources. Statistical data in these publications may include projections based on a number of assumptions. Our industry may not grow at the rate projected by market data, or at all. Failure of this industry to grow at the projected rate may have a material and adverse effect on our business and the market price of our Shares. In addition, the dynamic toy industry results in significant uncertainties for any projections or estimates relating to the growth prospects or future condition of our operations. Furthermore, if any one or more of the assumptions underlying the market data are later found to be incorrect, actual results may differ from the projections based on these assumptions. You should not place undue reliance on these forward -lookingstatements. 49

USE OF PROCEEDS After deducting the estimated underwriters’ discount and offering expenses payable by us, we expect to receive net proceeds of approximately $[*] (or approximately $[*] if the underwriters exercise their over -allotmentoption in full) from this offering, based on an assumed IPO price of $[*] per Class A Share, which is the price set forth on the cover page of this prospectus. The net proceeds from this offering must be remitted to Hong Kong before we will be able to use the funds to grow our business. We intend to use the net proceeds of this offering as follows, after we complete the remittance process: •approximately [60% for potential investments and/or acquisition of a factory in Vietnam and/or other South East Asian countries]; •approximately [15% for expansion and recruitment of product designers and engineers]; •approximately [10% to obtain licensed rights from internationally renowned intellectual properties licensors for co -brandedproducts]; and •remaining [15% for general administration and working capital]. We believe the net proceeds and our current cash resources are sufficient to fund our use of proceeds allocations. We intend to invest in or acquire a manufacturing base in Vietnam and/or other South East Asian countries occupying a total floor area of approximately 4,000 square feet and is equipped with full -fledgedproduction