Company: MKDWW
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001641172-25-002607
Chunk: 143

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: 20-F
Item: Item 19
Chunk 143
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 cancelled and converted into an aggregate of 13,855,239

The
par value of ordinary shares is $ 0.0001 1,386 26,042,934 14,761,546 25,280,472 14,329,371

The
loss per share before and after the retrospective adjustments are as follows.

SCHEDULE OF LOSS PER SHARE BEFORE AND AFTER THE RETROSPECTIVE ADJUSTMENTS

                                                                      For the years ended December 31,                                                                                                  
                                                                      2022                                                                                  2023                                        
                                                                      Before                                                After                           Before                          After       
                                                                      adjustment                                            adjustment                      adjustment                      adjustment  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Net loss per share attributable to ordinary shareholders                                                                                                                                              
  - Basic and diluted                                                 $                                         ( 0.05      $                   ( 0.09      $                   ( 0.06      $           
  Weighted average shares used in calculating net loss per share                                                                                                                                        
  - Basic and diluted                                                                                       26,042,934                      14,761,546                      25,280,472                  

As
of December 31, 2024, the Company and its major subsidiaries were as follows:

SCHEDULE OF COMPANY AND ITS MAJOR SUBSIDIARIES

  Subsidiaries                                              Date of incorporation      Place of incorporation                  Principal activities                                                                        
  MKD                                                       July 25, 2023              British Virgin Islands                  Nonoperating shell company                                                                  
  MKD BVI                                                   March 30, 2023             British Virgin Islands      100.00      Investment holding                                                                          
  MKD Taiwan                                                September 26, 2006         Taiwan, PRC                  62.36      Trading, designing and manufacturing industrial embedded system and automotive electronics  
  MKDWELL (Samoa) Technology Inc. (“ MKD Samoa”)            March 19, 2010             Samoa                        62.36      Investment holding                                                                          
  MKDWELL (Shanghai) Technology Ltd. (“ MKD Shanghai”)      August 1, 2011             Shanghai, PRC                62.36      Trading industrial embedded system and automotive electronics                               
  MKD Jiaxing                                               January 30, 2018           Zhejiang, PRC                77.85      Trading, designing and manufacturing industrial embedded system and automotive electronics  
  Cetus Capital                                             June 7, 202