MKDWELL Tech Inc. Announces One-For-Twenty Reverse Share Split as Part of Nasdaq Compliance Initiative

Rhea-AI Summary

MKDWELL Tech (Nasdaq: MKDW) will implement a one-for-twenty reverse share split effective November 18, 2026, following board approval.

The split covers ordinary and class A preferred shares and takes effect at 9:00 a.m. Eastern Time, with split-adjusted trading beginning that day. Outstanding ordinary shares will fall from 36,354,390 as of November 12 to approximately 1,817,720; class A preferred shares will decrease to 13,719. Outstanding warrants will receive proportional share-count and exercise-price adjustments. The company describes the split as part of its plan to maintain Nasdaq continued-listing compliance. It follows a one-for-thirty reverse split completed January 26, 2026.

Positive

• None.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.One-for-twenty reverse split is tied to the company's plan to maintain Nasdaq continued-listing compliance.

News Explained

The release adds a voting distinction: CEO and director Ming-Chia Huang holds all class A preferred shares, each carrying 100 votes compared with one vote for each ordinary share.

Key Figures

Reverse split ratio: 1-for-20 Effective time: 9:00 a.m. Eastern Time, November 18, 2026 Issued and outstanding ordinary shares: 36,354,390 to approximately 1,817,720 shares +2 more

Reverse split ratio

1-for-20

Ordinary shares and Class A preferred shares

Effective time

9:00 a.m. Eastern Time, November 18, 2026

Reverse Share Split takes effect

Issued and outstanding ordinary shares

36,354,390 to approximately 1,817,720 shares

As of November 12, 2026, and after the split

Treasury ordinary shares

1,212,667 to 60,634 shares

After the Reverse Share Split

Class A preferred shares

274,367 to 13,719 shares

After the Reverse Share Split

Key Terms

reverse share split, cusip, treasury shares, warrants

4 terms

reverse share split financial

"approved a Reverse Share Split on its ordinary shares"

A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.

cusip financial

"The new CUSIP number for the ordinary share"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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treasury shares financial

"The Company also holds 1,212,667 ordinary shares as treasury shares"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

warrants financial

"adjustments will be made to the number of ordinary shares issuable upon exercise"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

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Hsinchu, Taiwan, Nov. 13, 2026 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (the “Company”) (Nasdaq: MKDW), an automotive electronics manufacturer, today announced that its Board of Directors has approved a Reverse Share Split on its ordinary shares and class A preferred shares on a one-for-twenty basis (the “Reverse Share Split”). The Reverse Share Split will take effect at 9:00 a.m., Eastern Time, on November 18, 2026 (the “Effective Time”).

The ordinary shares will continue to trade on The Nasdaq Capital Market under the existing symbol “MKDW” and will begin trading on a split-adjusted basis when the market opens on November 18, 2026. The new CUSIP number for the ordinary share following the Reverse Share Split will be G6209W132.

At the Effective Time, every twenty ordinary shares of the Company will be automatically reclassified and combined into one ordinary share with no par value. As a result of the Reverse Share Split, the number of issued and outstanding ordinary shares will reduce from 36,354,390 shares (the number of ordinary shares issued and outstanding as of November 12, 2026) to approximately 1,817,720 shares. The Company also holds 1,212,667 ordinary shares as treasury shares, which will be reduced to 60,634 shares. 274,367 class A preferred shares each having no par value will be reduced to 13,719 shares. All of such class A preferred shares are held by Mr. Ming-Chia Huang, the Company’s chief executive officer and director. Each ordinary share entitles the holder to one vote per share, and each class A preferred share entitles the holder to 100 votes per share. No fractional shares will be issued in connection with the Reverse Share Split and fractional amounts will be rounded up to the nearest whole number at the participant level.

Additionally, at the Effective Time, proportionate adjustments will be made, based on the one-for-twenty ratio, to the number of ordinary shares issuable upon exercise of the Company’s outstanding warrants (Nasdaq: MKDWW) to purchase one ordinary share (the “Warrants”), including a proportional decrease in the number of ordinary shares issuable upon exercise of each Warrant and a corresponding proportional increase in the exercise price of each Warrant. This adjustment is additional to the previous adjustment made in January 26, 2026, when the Company completed a one-for-thirty reverse split of its ordinary shares and class A preferred shares.

The Reverse Share Split is a proactive measure as part of the Company’s strategic plan to maintain compliance with Nasdaq’s continued listing requirements, while also strengthening the Company’s long-term capital structure.

About MKDWELL Tech Inc.

Through its operating subsidiaries, MKDWELL Tech Inc. manufactures and supplies automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Its business covers research and development, design, production and sales, with a focus on intelligent control systems and LiDAR sensors. Through its operating subsidiaries, the Company also conducts smart-home and Internet-of-Things (IoT) product businesses and provides OEM and ODM solutions for international brand and retail customers. The Company’s operations span Taiwan, mainland China and Hong Kong.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. MKDWELL Tech Inc. may also make forward-looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, such as expectations with regard to revenue or regulatory compliance, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company. Further information regarding these and other risks is included in the Company’s filings with the SEC. The Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For further information, please contact:

MKDWELL Tech Inc.
Email: ir@mkdwell.com 

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does MKDWELL Tech's reverse share split take effect, and what is the ratio?

MKDWELL Tech's one-for-twenty reverse share split takes effect at 9:00 a.m. Eastern Time on November 18, 2026. Ordinary shares begin split-adjusted trading that day on The Nasdaq Capital Market under MKDW. The split also applies to class A preferred shares.

How will MKDWELL Tech's reverse split affect outstanding warrants?

Outstanding warrants will receive a proportional decrease in the ordinary shares issuable upon exercise and a corresponding proportional increase in exercise price, based on the one-for-twenty ratio. These adjustments take effect with the reverse split and are additional to the adjustment associated with the January 26, 2026 reverse split.