Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 68

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 68
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As a result of all of the above, the Company’s public shareholders may have more difficulty in protecting their interests in the face of actions taken by management, members of the board of directors or controlling shareholders than they would as public shareholders of a U.S. company. Therefore, you may not be able to effectively enjoy the protection offered by the U.S. laws and regulations that intend to protect public investors.

BVI companies may not have standing to initiate a derivative action in a federal court of the United States. As a result, your ability to protect your interests if you are harmed in a manner that would otherwise enable you to sue in a United States federal court may be limited to direct shareholder lawsuits.

| 38 |

Because the Company is incorporated under the laws of the BVI, it may be more difficult for its shareholders to enforce judgments against the Company than it would if they were shareholders of a company incorporated in another jurisdiction.

There is no statutory recognition in the BVI of judgments obtained in the United States, although any final and conclusive monetary judgment for a definite sum obtained against the Company in U.S. federal or state courts would be treated by the BVI courts as a cause of action in itself and sued upon as a debt at common law so that no retrial of the issues would be necessary provided that:

| ● | the                                                                                                                                     
 U.S. court issuing the judgment had jurisdiction in the matter and the Company either submitted to such jurisdiction or was resident    
 or carrying on business within such jurisdiction and was duly served with process;                                                      |
| ● | the                                                                                                                                     
 judgment given by the U.S. court was not in respect of penalties, taxes, fines or similar fiscal or revenue obligations of the Company; |
| ● | in                                                                                                                                      
 obtaining judgment there was no fraud on the part of the person in whose favor judgment was given or on the part of the court;          |
| ● | no                                                                                                                                      
 new admissible evidence relevant to the action was submitted prior to the rendering of the judgment by the BVI courts;                  |
| ● | recognition                                                                                                                             
 or enforcement of the judgment in the BVI would not be contrary to public policy; and                                                   |
| ● | the                                                                                                                                     
 proceedings pursuant to which judgment was obtained were not contrary to natural justice.                                               |

There is therefore uncertainty with regard to BVI law as to whether a judgment obtained from the United States courts under civil liability provisions of the securities laws will be determined by the courts of the BVI as penal or punitive in nature. If such a determination is made,