MKDWELL Tech sets up $100M stock sale program
Rhea-AI Filing Summary
MKDWELL Tech Inc. (MKDW) established an at-the-market equity offering program by entering into an At the Market Offering Agreement with Maxim Group LLC, allowing the company to issue and sell ordinary shares with an aggregate offering price of up to $100,000,000 from time to time at its discretion. Sales will be made through or to Maxim Group LLC, acting as sales agent or principal, under MKDWELL’s effective Form F-3 registration statement and a related prospectus supplement filed on September 11, 2026, including sales through The Nasdaq Capital Market as “at the market” offerings under Rule 415. The company will pay a tiered placement fee on gross proceeds and reimburse specified expenses, is not obligated to sell any shares, and plans to use any net proceeds for general corporate purposes such as working capital, capital expenditures and potential acquisitions or strategic investments.
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Filing Explained
The
Key Figures
ATM program size: $100,000,000 aggregate offering price
Placement fee tier 1: 3.0% of gross sales
Placement fee tier 2: 2.75% of gross sales
+3 more
6 metrics
ATM program size
$100,000,000 aggregate offering price
Maximum aggregate offering price of ordinary shares under the at-the-market program
Placement fee tier 1
3.0% of gross sales
Fee on aggregate gross proceeds up to and including $10 million
Placement fee tier 2
2.75% of gross sales
Fee on aggregate gross proceeds above $10 million and up to and including $20 million
Placement fee tier 3
2.5% of gross sales
Fee on aggregate gross proceeds in excess of $20 million
Counsel fee reimbursement cap
$50,000
Maximum reimbursement for Agent’s counsel fees, excluding periodic due diligence fees
Quarterly due diligence reimbursement
$5,000 per fiscal quarter
Cap on quarterly reimbursement while the Sales Agreement remains in effect and quarterly due diligence is performed
Key Terms
at-the-market offering, Form F-3, prospectus supplement, Rule 415, +2 more
6 terms
at-the-market offering financial
"with respect to an at-the-market offering program under which the Company may offer"
An at-the-market offering is a method companies use to sell new shares of stock directly into the open market over time, rather than all at once. This allows them to raise money gradually, similar to selling small pieces of a product instead of a large batch. For investors, it means the company can access funding more flexibly, but it may also increase the supply of shares and influence the stock’s price.
Form F-3 regulatory
"pursuant to the Company’s registration statement on Form F-3 (No. 333-296481)"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
prospectus supplement regulatory
"and prospectus supplement related to the Offering Program filed with the Securities"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Rule 415 regulatory
"deemed to be an “at the market” offering as defined in Rule 415 of the Securities"
Rule 415 is a U.S. Securities and Exchange Commission regulation that lets a company register securities ahead of time and then offer them for sale in pieces over an extended period under a “shelf” registration, so offerings can be launched quickly when market conditions suit the issuer. For investors, it signals that management has a ready way to raise capital fast—useful for seizing opportunities but potentially dilutive to existing shareholders, like a company pre-loading a credit line it can tap as needed.
General Instruction I.B.5 of Form F-3 regulatory
"including, if applicable, General Instruction I.B.5 of Form F-3 immediately prior"
indemnification and contribution regulatory
"and has also provided the Agent with customary indemnification and contribution rights"
Offering Details
ATM
Offering
Offering Type
ATM
Use of Proceeds
Net proceeds from issuances under the program are intended for general corporate purposes, which may include additions to working capital, financing of capital expenditures, future acquisitions and strategic investment opportunities.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MKDWELL Tech Inc. (MKDW) announce in this Form 6-K?
MKDWELL Tech Inc. entered into an At the Market Offering Agreement with Maxim Group LLC, creating an at-the-market program to sell up to $100,000,000 of its ordinary shares under its existing Form F-3 registration statement and a related prospectus supplement.
How large is MKDWELL (MKDW)’s new at-the-market equity program?
The at-the-market offering program permits MKDWELL Tech Inc. to sell ordinary shares with an aggregate offering price of up to $100,000,000. Sales may occur from time to time, at the company’s sole discretion, through or to Maxim Group LLC as sales agent or principal.
What fees will MKDWELL (MKDW) pay Maxim Group LLC under the Sales Agreement?
MKDWELL will pay Maxim a placement fee equal to 3.0% of gross proceeds up to and including $10 million, 2.75% on proceeds over $10 million up to $20 million, and 2.5% on proceeds above $20 million, plus specified expense reimbursements.
How does MKDWELL (MKDW) intend to use proceeds from the at-the-market offering?
MKDWELL intends to use net proceeds from any share issuances for general corporate purposes, which may include additions to working capital, financing of capital expenditures, future acquisitions and strategic investment opportunities, with no current plans or commitments as of the report date.
Under what registration does MKDWELL (MKDW) conduct this offering?
The at-the-market offering will be conducted under MKDWELL Tech Inc.’s existing Form F-3 registration statement (No. 333-296481) and a related prospectus supplement for the offering program filed on September 11, 2026 with the U.S. Securities and Exchange Commission.
AI-generated analysis. How Rhea-AI works. Not financial advice.
