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MKDWELL Tech approves 1-for-20 reverse split for Nov. 18

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Form Type
6-K

Rhea-AI Filing Summary

MKDWELL Tech Inc. has approved a one-for-twenty reverse share split of its ordinary and Class A preferred shares, effective at 9:00 a.m. Eastern Time on November 18, 2026. The company says the action is part of its initiative to maintain compliance with Nasdaq’s continued listing requirements.

Issued and outstanding ordinary shares will reduce from 36,354,390 as of November 12, 2026 to approximately 1,817,720. Treasury ordinary shares will be reduced from 1,212,667 to 60,634, and Class A preferred shares from 274,367 to 13,719. CEO and director Ming-Chia Huang holds all Class A preferred shares; each carries 100 votes, compared with one vote per ordinary share. No fractional shares will be issued, and fractional amounts will be rounded up to the nearest whole number at the participant level. At the effective time, warrant share quantities will decrease proportionately and exercise prices will increase proportionately.

Filing Explained

The board-approved one-for-twenty consolidation of ordinary and Class A preferred shares is scheduled for November 18, 2026: each twenty shares become one, reducing share counts and proportionally raising per-share prices; the split itself does not change company value.

Reverse split ratio 1-for-20 Applies to ordinary and Class A preferred shares; effective November 18, 2026
Issued and outstanding ordinary shares 36,354,390 before; approximately 1,817,720 after Before count as of November 12, 2026; split effective November 18, 2026
Treasury ordinary shares 1,212,667 before; 60,634 after Reverse split effective November 18, 2026
Class A preferred shares 274,367 before; 13,719 after Reverse split effective November 18, 2026
Votes per ordinary share 1 vote Voting rights stated in the announcement
Votes per Class A preferred share 100 votes Voting rights stated in the announcement
split-adjusted basis technical
"begin trading on a split-adjusted basis"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
treasury shares financial
"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.
fractional shares financial
"No fractional shares will be issued"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
continued listing requirements regulatory
"Nasdaq’s continued listing requirements"
Rules a stock exchange sets that a publicly traded company must keep meeting to stay listed and tradable on that exchange, such as minimum share price, market value, timely financial reports, and basic governance practices. Like a club’s membership rules, they matter because falling short can lead to warnings, penalties or removal from the exchange, which can cut liquidity, hurt share value and increase the risk for investors.
Warrants financial
"outstanding warrants to purchase one ordinary share"
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.
Split Ratio 1-for-20 reverse split
Effective Date November 18, 2026
Shares Before Split 36,354,390
Shares After Split 1,817,720
Other Share Class After Split 13,719
Share Count As Of November 12, 2026

FAQ

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

When does MKDW’s reverse split take effect?

MKDW’s one-for-twenty reverse split takes effect at 9:00 a.m. Eastern Time on November 18, 2026. Ordinary shares will begin trading on a split-adjusted basis when the market opens that day under the existing symbol MKDW.

How many MKDW ordinary shares will be outstanding after the reverse split?

Issued and outstanding ordinary shares will reduce from 36,354,390 as of November 12, 2026 to approximately 1,817,720 after the split. The company separately reports that treasury ordinary shares will be reduced from 1,212,667 to 60,634.

How will the MKDW reverse split affect warrants and fractional shares?

At the effective time, the number of ordinary shares issuable upon exercise of each warrant will decrease proportionately under the one-for-twenty ratio, while the warrant exercise price will increase proportionately. No fractional shares will be issued; fractional amounts will be rounded up to the nearest whole number at the participant level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2026

 

Commission File Number 001-42197

 

MKDWELL Tech Inc.

 

1F, No. 6-2, Duxing Road,

Hsinchu Science Park,

Hsinchu City 300096, Taiwan

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

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

 

The board of directors of MKDWELL Tech Inc. (Nasdaq: MKDW, MKDWW) (the “Company”), a British Virgin Islands business company, have approved a reverse share split of its ordinary shares and class A preferred shares, having no par value, each 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.

 

Regulation FD Disclosure.

 

On November 13, 2026, the Company issued a press release announcing the Reverse Share Split. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 6-K and is incorporated by reference herein.

 

 
 

 

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

 

This current report on Form 6-K and the press release furnished as Exhibit 99.1 contain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Please refer to the “Forward-Looking Statements” section in Exhibit 99.1 for additional information.

 

EXHIBITS

 

Exhibit No.   Description
99.1   Press Release dated November 13, 2026, announcing the Company’s Reverse Share Split

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

MKDWELL Tech Inc.  
 

 

 
By: /s/ Ming-Chia Huang  
Name: Ming-Chia Huang  
Title: Chief Executive Officer and Director  
     
Date: November 13, 2026  

 

 

 


Exhibit 99.1

 

 

 

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

 

Hsinchu, Taiwan, November 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

 

 

 

 

Filing Exhibits & Attachments

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