Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 32

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 3
Chunk 32
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 additional requirements necessary to maintain our foreign
private issuer status. If we lose our foreign private issuer status on this date, we will be required to file with the SEC periodic reports
and registration statements on U. S. domestic issuer forms, which are more detailed and extensive than the forms available to a foreign
private issuer. We will also have to mandatorily comply with U. S. federal proxy requirements, and our officers, directors, and principal
shareholders will become subject to the short-swing profit disclosure and recovery provisions of Section 16 of the Exchange Act.
In addition, we will lose our ability to rely upon exemptions from certain corporate governance requirements under the Nasdaq rules. As
a U. S.-listed public company that is not a foreign private issuer, we will incur significant additional legal, accounting, and other expenses
that we will not incur as a foreign private issuer in order to maintain a listing on a U. S. securities exchange.

We incur increased costs as a result of being
a public company.

We incur significant legal,
accounting and other expenses as a public company that we did not incur as a private company. Compliance with U. S. laws and regulations
and the Nasdaq Capital Market Company Guide increases our legal and financial compliance costs and makes some corporate activities more
time-consuming and costly. As a public company, we are required to increase the number of independent directors and adopt policies regarding
internal controls and disclosure controls and procedures. We have incurred additional costs in obtaining director and officer liability
insurance. In addition, we incur additional costs associated with our public company reporting requirements. It may also be more difficult
for us to find qualified persons to serve on our Board or as executive officers. We are currently evaluating and monitoring developments
with respect to these rules and regulations, and we cannot predict or estimate with any degree of certainty the amount of additional costs
we may incur or the timing of such costs.

The Sarbanes-Oxley Act, as
well as rules subsequently implemented by the SEC, impose various requirements on the corporate governance practices of public companies.

Our status as an “emerging growth company”
under the JOBS Act may make it more difficult to raise capital as and when we need it.

We are an “emerging growth company,” as defined in the
Jumpstart Our Business Startups Act (“JOBS Act”) and will remain an emerging growth company until the earlier of (i) the
last day of the fiscal year (a) following the fifth anniversary of the