Company: KMRK
Filing Date: 2025-03-07
Form Type: DRS/A
Source: 0001213900-25-021451
Chunk: 190

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-07
Form: DRS/A
Chunk 190
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 of US$1,367,829 was transferred to amount due from K -MarkIndustrial Limited of US$1,367,829; and •On March31, 2024, the Company entered into an offsetting agreement with K -MarkIndustrial Limited and a supplier of the Company, pursuant to which the amount due from K -MarkIndustrial Limited of US$2,752,680 was offset against the trade payables of US$2,752,680. NOTE 22 — COMMITMENTS AND CONTINGENCIES As of March 31, 2024 and 2023, the Company has no material commitments or contingencies. NOTE 23 — SUBSEQUENT EVENTS In accordance with ASC topic 855, Subsequent Events, which established general standards of accounting for and disclosure of events that occur after the balance sheet date but before combined financial statements are issued, the Company has evaluated all events or transactions that occurred after March 31, 2024, up through the date the Company issued the audited combined financial statements. During the period, the Company did not have any material subsequent events other than disclosed above. F-22

K-TECH SOLUTIONS COMPANY LIMITED AND SUBSIDIARY
UNAUDITED INTERIM CONDENSED COMBINED BALANCE SHEETS (Currency expressed in United States Dollars (“US$”)

|                                                                                                                                                                                                      |     | Note |     |     As of 
 March 31, 
      2024 |   |     |         As of 
 September 30, 
          2024 |   |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|-----:|:----|----------:|:--|:----|--------------:|:--|
|                                                                                                                                                                                                      |     |      |     |       US$ 
 (Audited) |   |     |           US$ 
   (Unaudited) |   |
| ASSETS                                                                                                                                                                                               |     |      |     |           |   |     |               |   |
| Current assets:                                                                                                                                                                                      |     |      |     |           |   |     |               |   |
| Cash and cash equivalents                                                                                                                                                                            |     |      |     | 5,385,536 |   |     |     5,635,228 |   |
| Accounts receivables, net                                                                                                                                                                            |     |    4 |     | 1,224,980 |   |     |     3,200,169 |   |
| Amounts due from related parties                                                                                                                                                                     |