Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 109

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 109
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, or securities convertible   
 into or exercisable for common stock, could result in an increase in outstanding common shares or voting power of 5% or more.           |

| 69 |

| 5. | Rule                                                                                                                               
 5635(b) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to the issuance of securities when 
 the issuance or potential issuance will result in a change of control of the company.                                              |

| 6. | Rule                                                                                                                                        
 5635(c) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to the issuance of securities when          
 a stock option or purchase plan is to be established or materially amended or other equity compensation arrangement made or materially      
 amended, pursuant to which stock may be acquired by officers, directors, employees, or consultants, except for: (1) warrants or rights      
 issued generally to all security holders of the company or stock purchase plans available on equal terms to all security holders            
 of the company (such as a typical dividend reinvestment plan); (2) tax qualified, non-discriminatory employee benefit plans (e.g.,          
 plans that meet the requirements of Section 401(a) or 423 of the Internal Revenue Code) or parallel nonqualified plans, provided            
 such plans are approved by the company’s independent compensation committee or a majority of the company’s independent                      
 directors; or plans that merely provide a convenient way to purchase shares on the open market or from the company at Market Value;         
 (3) plans or arrangements relating to an acquisition or merger as permitted under IM-5635-1; or (4) issuances to a person not previously    
 an employee or director of the company, or following a bona fide period of non-employment, as an inducement material to the individual’s    
 entering into employment with the company, provided such issuances are approved by either the company’s independent compensation            
 committee or a majority of the company’s independent directors. Promptly following an issuance of any employment inducement                 
 grant in reliance on this exception, a company must disclose in a press release the material terms of the grant, including the recipient(s) 
 of the grant and the number of shares involved.                                                                                             |

| 7. | Rule                                                                                                                               
 5635(d) of the Nasdaq Listing Rules, which requires that shareholder approval is required prior to a 20% Issuance at a price that  
 is less than the Minimum Price. (A) “Minimum Price”