STOCK TITAN

MKDW (Nasdaq) Form 144: 427,406 shares from debt/sponsor conversions listed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MKDWELL Tech Inc. submitted a notice under Section 144 regarding proposed sales of ordinary shares arising from debt conversions and post‑business‑combination transfers. The excerpt lists 427,406 shares with transaction dates 03/19/2025 and 03/24/2025, and references broker information for trades on Nasdaq.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notice documents intended resale of shares tied to debt conversions and sponsor transfers.

The excerpt lists proposed sales of ordinary shares totaling 427,406 shares with dates 03/19/2025 and 03/24/2025

These notices are procedural disclosures required when certain holders seek to sell restricted or control stock; timing and execution depend on broker procedures and compliance with resale conditions.

This filing documents the mechanics of share transfers tied to debt conversions and the SPAC sponsor conversion.

The text specifies the shares were acquired via a "debt conversion of loans to issuer into ordinary shares" and conversions by "Cetus Sponsor LLC following the business combination." Those phrases define the origin of the shares.

Actual sale execution, price, and proceeds are not shown in the excerpt; subsequent broker filings or confirmations would record trade details.

Shares listed for resale 427,406 shares listed in the Form 144 excerpt
Conversion/transfer date 03/19/2025 date shown for conversions/transfers
Conversion/transfer date 03/24/2025 date shown for conversions/transfers
Exchange referenced Nasdaq market referenced for securities to be sold
Broker location reference Tiger Brokers (NZ) Limited, Auckland broker/dealer contact info in excerpt
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
debt conversion financial
"Debt conversion of loans to issuer into ordinary shares"
business combination corporate
"following the business combination of MKDWELL Tech Inc."
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does MKDW Form 144 disclose about the shares being sold?

The filing discloses proposed sales of ordinary shares arising from debt conversions and sponsor conversions. The excerpt shows 427,406 shares tied to dates 03/19/2025 and 03/24/2025, and references Nasdaq trading.

Who are the parties holding shares referenced in the MKDW Form 144?

The excerpt names AWinner Limited and Cetus Sponsor LLC as holders after debt-to-equity conversions and post‑business‑combination conversions. It states these entities hold the ordinary shares listed for resale.

Does the MKDW Form 144 state the sale proceeds or sale price?

No. The provided excerpt lists share quantities and conversion origins but does not disclose sale prices or aggregate proceeds. Execution details would appear in trade confirmations or subsequent market reports.

When were the shares in the MKDW Form 144 acquired or converted?

The excerpt shows conversion/transfer dates of 03/19/2025 and 03/24/2025, indicating when the debt conversions and sponsor conversions were recorded in the filing.