Company: KMRK
Filing Date: 2025-07-16
Form Type: 424B4
Source: 0001213900-25-064537
Chunk: 102

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-07-16
Form: 424B4
Chunk 102
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 For the six months ended September 30, 2024, cash provided by investing activities was US$53,285. Cash provided by interest received US$53,285. For the six months ended September 30, 2023, cash used in investing activities was US$15,720. Cash used in financing activities For the six months ended September 30, 2024, cash used in financing activities amounted to US$144,580, which consisted of proceeds from bank loans of approximately US$0.6million, repayment of bank borrowing of US$87,993, payment of lease liabilities of US$60,668, net repayments to related parties of US$266,905. For the six months ended September 30, 2023, cash used in financing activities amounted to US$327,290, which consisted of proceeds from bank loans of approximately US$0.6million, repayment of bank borrowing of US$118,356, and payment of lease liabilities of US$87,498. Our use of cash was primarily related to operating activities and payment for offering cost in the years ended March 31, 2024 and 2023. We have historically financed our operations primarily through our cash flow generated from our operations and bank borrowings. In view of the current cash and bank balances, funds generated by our operating activities and bank loans, we believe our Company has sufficient resources to meet the working capital needs in the next 12 months from the date the audited financial statements are issued. However, our ability to meet the liquidity and capital requirements will be subject to future economic conditions and other factors which are beyond our control.

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We may declare or pay dividends in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our Board after considering our financial condition, results of operations, capital requirements, contractual requirements, business prospects and other factors the Board deems relevant, and subject to the restrictions contained in any future financing instruments. We intend to use the net proceeds from the IPO in the following manner: •approximately 60% for potential investments and/or acquisition of a factory in Vietnam and/or other South East Asian countries; •approximately 15% for expansion and recruitment of product designers and engineers; •approximately 10% to obtain licensed rights from internationally renowned intellectual properties licensors for co -brandedproducts; and •remaining 15% for general administration and working capital. Cash Flows The following table sets forth a summary of our combined cash flows for the years