Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 36

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 36
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 issue options to purchase or share awards of up
to 1,500,000 Class A Shares. As of the date of this Annual Report, we have not awarded any shares and no options to purchase Class A Shares
have been exercised and no Class A Shares have been issued upon exercised vested options, in each case under the said plan. As a result
of these grants and potential future grants, we expect to continue to incur significant share-based compensation expenses in the future.
The amount of these expenses is based on the fair value of the share-based awards. We account for compensation costs for all share options
using a fair-value based method and recognize expenses in our statements of profit or loss and other comprehensive income. The expenses
associated with share-based compensation will decrease our profitability, perhaps materially, and the additional securities issued under
share-based compensation plans will dilute the ownership interests of our shareholders. However, if we limit the scope of our share-based
compensation plan, we may not be able to attract or retain key personnel who expect to be compensated by options.

We employ a mail forwarding service, which
may delay or disrupt our ability to receive mail in a timely manner.

Mail addressed to the Company
and received at its registered office will be forwarded unopened to the forwarding address supplied by the Company to be dealt with. None
of the Company, its directors, officers, advisors or service providers (including the organization which provides registered office services
in the BVI) will bear any responsibility for any delay howsoever caused in mail reaching the forwarding address.

Risks Related to Doing Business in Hong Kong

Although the audit report included in this
Annual Report is prepared by U. S. auditors who are currently inspected by the PCAOB, there is no guarantee that future audit
reports will be issued by auditors inspected by the PCAOB and, as such, in the future investors may be deprived of the benefits of such
inspection. Furthermore, trading in our securities may be prohibited under the HFCA Act if the SEC subsequently determines our audit
work is performed by auditors that the PCAOB is unable to inspect or investigate completely, and as a result, U. S. national securities
exchanges, such as the NASDAQ Capital Market, may determine to delist our securities. Furthermore, on December 29, 2022 the AHFCA
Act was enacted, which amended the HFCA Act by requiring the SEC to prohibit an issuer’s securities from trading on any U. S. stock
exchanges