Company: KMRK
Filing Date: 2025-05-19
Form Type: F-1
Source: 0001213900-25-045262
Chunk: 17

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-05-19
Form: F-1
Chunk 17
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, the Company total issued 19,500,000 ordinary shares to them. On December30, 2024, our Controlling Shareholders sold a total of 3,000,000 ordinary shares to five corporations, all of whom have no affiliation with us. On May15, 2025, the Company passed a written resolution to re -designateand re -classifyits existing authorized ordinary shares. Prior to the re -classificationexercise, the Company was authorized to issue a maximum of 500,000,000 ordinary shares of a single class with a par value of US$0.0001 each. Subsequent to the re -classificationexercise, the Company’s authorized shares were 500,000,000 ordinary shares with a par value of US$0.0001 each comprising ( a) 495,500,000 Class A Shares with a par value of US$0.0001 each; and (b) 4,500,000 Class B Shares with a par value US$0.0001 each. On May16, 2025, the Company had 15,000,000 Class A Shares and 4,500,000 Class B 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. For a description of the reorganization primarily to facilitate our IPO in the U.S, see “ Corporate History and Structure — Reorganization.” Immediately following this offering, our Controlling Shareholders will hold 76.7% of our outstanding Shares or 91.9% of the total voting power of the Company, assuming 2,000,000 Class A Shares are issued in the offering and no exercise of the over - allotmentoption by the underwriters (or 75.7% of our outstanding Shares or 91.5% of the total voting power if the underwriters exercise their over -allotmentoption). As a result of the Acting in Concert Agreement, our Controlling Shareholders hold a majority of the voting power of KTech and we will be a controlled company under the Nasdaq Capital Market corporate governance rules. For more details, see “ Corporate History and Structure.” Transfers of Cash to