Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 134

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 134
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 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 operations of Cetus Capital for the six months ended June 30, 2024 with the unaudited condensed statements of comprehensive loss for the six months ended June 30, 2024 of MKD BVI, and the audited statement of operations of Cetus Capital for the year ended December 31, 2023 with the audited consolidated statements of comprehensive loss for the year ended December 31, 2023 of MKD BVI, giving effect to the Business Combination as if it had been consummated on January 1, 2024, the beginning of the earliest period presented.

The unaudited pro forma condensed combined balance sheet was derived from and should be read in conjunction with the following historical financial statements:

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The unaudited pro forma condensed combined statement of operations for the six months ended June 30, 2024, has been prepared using the following:

The unaudited pro forma condensed combined statement of operations for the year ended December 31, 2023, has been prepared using the following:

The unaudited pro forma condensed combined financial information should be read in conjunction with “ Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other financial information included elsewhere in this prospectus.

Description of the Business Combination

On June 20, 2023, Cetus Capital, MKD Taiwan, MKD BVI and certain other parties entered into the Business Combination Agreement, which