Company: KMRK
Filing Date: 2025-05-19
Form Type: F-1
Source: 0001213900-25-045262
Chunk: 30

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-05-19
Form: F-1
Chunk 30
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 charter addressing the committee’s purpose and responsibilities; •the requirement that a listed company have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee’s purpose and responsibilities; and •the requirement for an annual performance evaluation of the nominating and governance committee and compensation committee. Controlled companies must still comply with the exchange’s other corporate governance standards. These include having an audit committee and the special meetings of independent or non -managementdirectors. Upon the completion of this offering, the outstanding shares of the Company will consist of 21,500,000 Ordinary Shares which consist of 17,000,000 Class A Shares and 4,500,000 Class B Shares, assuming the underwriter does not exercise its overallotment option to purchase additional Class A Shares. On December2, 2024, Mr.Kwok Yiu Fai, Mr.Kwok Yiu Keung and Mr.Kwok Yiu Wah entered into an Acting in Concert Agreement pursuant to which they undertake that following the completion of this offering, the controlling shareholders shall act in concert in relation to all matters that require the decisions of the shareholders of the Company. As a result of the Acting in Concert Agreement, our Controlling Shareholders will collectively own 76.7% of our total issued and outstanding Ordinary Shares or control 91.9% of the total voting power upon the completion of this offering, assuming the underwriters do not exercise their over -allotmentoption. As a result of the Acting in Concert Agreement, our Controlling Shareholders hold a majority of the voting power of KTech and therefore will be able to exert significant control over our management and affairs requiring shareholder approval, including approval of significant corporate transactions. This concentration of ownership may not be in the best interests of all of our shareholders. As a “controlled company,” we are permitted to elect not to comply with certain corporate governance requirements. We do not plan to rely on these exemptions, but we may elect to do so after we complete the offering. 11

THE OFFERING

| Class A Shares being offered by us                          |     | 2,000,000 Class A Shares (or 2,300,000 Class A Shares if the underwriters exercise their overallotment option to purchase additional Class A Shares in full).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Number of Shares outstanding prior to this offering         |     | 15,000,000 Class A Shares and 4,500,000 Class B Shares