Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 34

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 3
Chunk 34
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 otherwise affect negatively the
price and liquidity of the Company’s Ordinary Shares. Many of these factors and conditions are beyond the control of the Company
or the Company shareholders.

The
Company’s share price may be volatile and could decline substantially.

The
market price of the Company’s Ordinary Shares may be volatile, both because of actual and perceived changes in the Company’s
financial results and prospects, and because of general volatility in the stock market. The factors that could cause fluctuations in
the Company’s share price may include, among other factors discussed in this section, the following:

  actual                                                                                                            

  19  

  changes                                                                                                                              
  in economic and financial market conditions;                                                                                         
  changes                                                                                                                              
  in the market valuations of other companies in the same industry;                                                                    
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  announcements                                                                                                                        
  mergers                                                                                                                              
  additions                                                                                                                            
  changes                                                                                                                              
  the                                                                                                                                  
  the                                                                                                                                  
  the                                                                                                                                  
  potential                                                                                                                            
  changes                                                                                                                              
  natural                                                                                                                              
  the                                                                                                                                  

In
addition, the stock markets have experienced significant price and trading volume fluctuations from time to time, and the market prices
of the equity securities of retailers have been extremely volatile and are sometimes subject to sharp price and trading volume changes.
These broad market fluctuations may materially and adversely affect the market price of the Company’s Ordinary Shares.

The
Company may issue additional ordinary shares or other equity or convertible debt securities without approval of the holders of the Company’s
Ordinary Shares, which would dilute existing ownership interests and may depress the market price of the Company’s Ordinary Shares.

The
Company may issue additional ordinary shares or other equity or convertible debt securities of equal or senior rank in the future without
approval of the holders of the Company’s Ordinary Shares in certain circumstances, given its status as a foreign private issuer
and its reliance on certain exemptions from the Nasdaq listing rules available to foreign private issuers.

The
Company’s issuance of additional ordinary shares or other convertible equity or debt securities of equal or senior rank would have
the following effects: (1) the proportionate ownership interest of the Company’s existing shareholders may decrease; (2) the amount
of cash available per share, including for payment of dividends in the future, may decrease; (3) the relative voting power of each previously
outstanding the Company’s Ordinary Share may be diminished; and (4)