Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 215

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 215
---
 100,000,000 ordinary shares at a purchase price per share of $0.10, for gross proceeds of $10,000,000, of which proceeds will be used for working capital and other general corporate purposes. Pursuant to such purchase agreement, within 45 days of the date of the purchase agreement, the Company will file a registration statement on Form F-1 with the SEC to register the shares sold. The Company will use commercially reasonable efforts to cause the Registration Statement to become effective within 90 days following its filing with the SEC, or, in the event of a “full review” by the SEC, within 120 days following its filing.

On March 19, 2025, the Company entered into three separate debt conversion agreements (the “Debt Conversion Agreements”) with three creditors of the Company, being Mr. Ming-Chia Huang, a director and the chief executive officer of the Company, Ms. Ya-Hui Wu, the spouse of Mr. Huang, and AWinner Limited, which is controlled by Mr. Chung-Yi Sun, a director of the Company, to convert such debts owed into equity of the Company.Among these, (i) an amount of $823,100 owed to Mr. Ming-Chia Huang will be converted into 8,231,000
ordinary shares of par value $0.0001 each in the Company, which will be redesignated into 8,231,000 of the Company’s Class A Preferred
Shares of par value $0.0001, each having the right to 100 votes at a meeting of the shareholders of the Company or on any resolution
of shareholders, subject to approval by shareholders of the Company by an ordinary resolution; (ii) an amount of $550,000 owed to Ms.
Ya-Hui Wu will be converted into 5,500,000 ordinary shares of par value $0.0001 each in the; and (iii) an amount of $1,110,000 owed to
AWinner Limited will be converted into 11,100,000 ordinary shares of par value $0.0001 each in the Company.

| II-3 |

Item 8. Exhibits and Financial Statement Schedules

| Exhibit 
 No.     
 3.1     
 3.2     |     | Description                                                                                                                                                                                                                                                                                                                                                                       
 Amended and Restated Memorandum and Articles of Association of MKDWELL Tech Inc., as currently in effect (incorporated herein by reference to Exhibit 1.