Company: KMRK
Filing Date: 2025-03-25
Form Type: DRS/A
Source: 0001013762-25-001825
Chunk: 96

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-03-25
Form: DRS/A
Chunk 96
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 us. On [*], the Company passed a written resolution to re -designateand re -classifyits existing authorized ordinary shares. Prior to the re -classificationexercise, the Company is authorized to issue a maximum of 500,000,000 ordinary shares of a single class with a par value of USD0.0001 each. Subsequent to the re -classificationexercise, the Company’s authorized shares was 500,000,000 ordinary shares with a par value of US$0.0001 each comprising (a) [*] Class A Shares with a par value of US$0.0001 each; and (b) [*] Class B Shares with a par value US$0.0001 each. On [*], the Company had [18,000,000] Class A Shares and [1,500,000] Class B Ordinary Shares, issued and outstanding, respectively. Holders of Class A Shares and Class B Shares vote together as one class on all matters submitted to a vote by the shareholders at any general meeting of the Company and have the same rights except each Class A Share is entitled to one (1) vote and each Class B Share is entitled to ten (10) votes. All such Class B Ordinary Shares are held by our Controlling Shareholders. 55

As at the date of this prospectus, the ownership of our subsidiary are as follows:

The Company, the issuer in this offering, was incorporated as a business company in the BVI on December2, 2024. We first began operations in [*] through its operating subsidiary, KMT. [16,500,000] Shares were legally and beneficially owned by our Controlling Shareholders. [3,000,000] Shares were legally and beneficially owned by five corporations, all of whom have no affiliation with us. Our Controlling Shareholders presently holds [95.0]% of the voting power of KTech and will hold [91.8]% of the voting power immediately after this offering and sales of our Class A Shares by the selling shareholder pursuant to the Resale Prospectus. Because more than 50% of the voting power of the Company is held by our Controlling Shareholders after the completion of this offering, we will be a controlled company under the Nasdaq Capital Market corporate governance rules. See “ Risk Factors — Risks Related to Our Shares.” At each general meeting, each Class A shareholder who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its