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MKDWELL Tech (MKDW) CEO has voting say on 26M shares

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

MKDWELL Tech Inc. (MKDW) discloses that Chief Executive Officer and Chairman Ming-Chia Huang has updated his beneficial ownership in this Amendment No. 3 to Schedule 13D. Huang is deemed to beneficially own 26,340,340 shares, representing 76.4% of the outstanding ordinary shares and Class A preferred shares (treated as converted).

This includes sole voting and dispositive power over 340,340 shares (65,974 ordinary shares and 274,366 Class A preferred shares) and shared voting power over 26,000,000 ordinary shares held by 20 shareholders who, under a July 17, 2026 Deed of Confirmation of Acting in Concert, have agreed to vote in accordance with Huang’s directions. Huang has no dispositive power over these concert-party shares. The filing also notes a 1-for-30 reverse stock split of the ordinary shares completed on January 26, 2026.

Positive

  • None.

Negative

  • None.

Filing Explained

Huang’s disclosed 76.4% ownership includes preferred shares carrying 100 votes each, so it is not a one-vote-per-share measure.

The amendment reports a July 17 deed under which Huang directs voting on 26,000,000 concert-party ordinary shares, but has no dispositive power over them; the structural effect is voting influence without ownership of those shares.

Each ordinary share carries one vote, while each Class A preferred share carries 100 votes. The filing treats the 274,366 preferred shares as converted only to calculate the 76.4% ownership figure, so that percentage is not a one-vote-per-share measure.

Item 4 states that Huang has no present plans for the listed corporate actions, while reserving the right to increase or decrease his holdings; any such change would be addressed in a later ownership filing.

Beneficial ownership shares 26,340,340 shares Aggregate shares beneficially owned by Ming-Chia Huang used to compute ownership percentage
Ownership percentage 76.4% Percent of class represented by Ming-Chia Huang’s beneficial ownership
Sole voting and dispositive power shares 340,340 shares 65,974 ordinary shares plus 274,366 Class A preferred shares under sole control
Shared voting power shares 26,000,000 ordinary shares Ordinary shares subject to Deed of Acting in Concert with 20 shareholders
Ordinary shares outstanding 34,198,442 ordinary shares Outstanding ordinary shares used as the base for percentage ownership
Class A preferred shares outstanding 274,366 Class A preferred shares Outstanding preferred shares, each entitled to 100 votes
Reverse stock split ratio 1-for-30 Reverse stock split of ordinary shares effective January 26, 2026
Votes per Class A preferred share 100 votes per share Each Class A preferred share is entitled to 100 votes
beneficial owner financial
"the Reporting Person is the beneficial owner of 65,974 ordinary shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
acting in concert financial
"entered into the Deed of AIC with Ming-Chia Huang, which confirm that the Concert Shareholders shall act in concert"
When investors or shareholders are "acting in concert," they are coordinating their decisions—like votes, buying or selling shares, or public statements—to achieve a common goal, such as gaining control or influencing company policy. This matters to investors because coordinated groups can change who runs a company or sway key votes, and regulators often treat them as a single party for disclosure, takeover rules, and voting thresholds; think of several teammates pooling their efforts to tip the outcome of a close game.
reverse stock split financial
"the Issuer completed the 1-for-30 reverse stock split of the Company's ordinary shares"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
dispositive power financial
"sole dispositive power over 65,974 ordinary shares and 274,366 Class A preferred shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Class A preferred shares financial
"274,366 Class A preferred shares outstanding as of the date of this form"
Class A preferred shares are a specific type of company stock that gives holders a higher claim than ordinary shareholders on dividends and on company assets if the business winds down, often with a fixed dividend payment and limited or no voting rights. Think of them as a priority ticket in line: they offer more steady income and protection than common shares but usually less potential for big price gains and less influence over company decisions, which matters to investors balancing income, risk and control.

FAQ

How much of MKDWELL Tech Inc. (MKDW) does Ming-Chia Huang beneficially own after Amendment No. 3?

Ming-Chia Huang is reported as the beneficial owner of 26,340,340 shares, representing 76.4% of MKDWELL Tech Inc.’s ordinary and Class A preferred shares (the preferred shares treated as converted for this calculation).

What direct shareholdings in MKDWELL Tech Inc. (MKDW) does Ming-Chia Huang control?

He has sole voting and dispositive power over 65,974 ordinary shares and 274,366 Class A preferred shares, for a total of 340,340 shares over which he directly controls both voting and disposition.

What is the acting-in-concert arrangement affecting MKDWELL Tech Inc. (MKDW)?

On July 17, 2026, 20 shareholders holding an aggregate of 26,000,000 ordinary shares entered a Deed of Acting in Concert (Deed of AIC) with Ming-Chia Huang, agreeing to exercise all voting rights in accordance with his directions.

Does Ming-Chia Huang have dispositive power over the 26,000,000 concert-party shares of MKDW?

No. The filing states that while he has shared voting power over 26,000,000 ordinary shares through the Deed of AIC, Mr. Huang does not have dispositive power over the shares owned by the Concert Shareholders.

What reverse stock split did MKDWELL Tech Inc. (MKDW) complete in 2026?

On January 26, 2026, MKDWELL Tech Inc. completed a 1-for-30 reverse stock split of its ordinary shares, under which every 30 issued ordinary shares were automatically reclassified and combined into 1 ordinary share.

How many MKDWELL Tech Inc. shares are outstanding according to this Schedule 13D/A?

The percentage calculation is based on 34,198,442 ordinary shares outstanding and 274,366 Class A preferred shares outstanding, with the Class A preferred shares treated as converted into ordinary shares solely for computing Ming-Chia Huang’s percentage ownership.

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

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G6209W108

(CUSIP Number)
Ming-Chia Huang
1F, No. 6-2 Duxing Road, Hsinchu Science Park
Hsinchu City, F5, 300
886-3-5781899

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/17/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Sole Voting Power and Sole Dispositive Power shown in Boxes 7 and 9 consists of (i) 65,974 ordinary shares; and (ii) 274,366 Class A preferred shares. Shared Voting Power shown in Box 8 consists of 26,000,000 ordinary shares held by 20 individuals/entities who signed a deed of confirmation of acting in concert with Ming-Chia Huang (the "Deed of AIC"). On July 17, 2026, 20 shareholders (the "Concert Shareholders") holding an aggregated of 26,000,000 ordinary shares entered into the Deed of AIC with Ming-Chia Huang, which confirm that the Concert Shareholders shall act in concert with and follow the lead and directions of Mr. Huang in respect of the Company so as to support the stability and continuity of the control of the Company. The Concert Shareholders shall exercise all voting rights attaching to the shares in accordance with the directions and lead of Mr. Huang and consult with Mr. Huang and follow his instructions prior to voting on any resolution of the Company. The Concert Shareholders shall not exercise any voting rights in any manner inconsistent with the directions of Mr. Huang. Mr. Huang does not have dispositive power over the shares owned by the Concert Shareholders. The Percentage in Box 13 is based on the quotient obtained by dividing (a) the aggregate number of ordinary shares and Class A preferred shares owned by the Reporting Person as set forth in Row 11 by (b) the sum of (i) 34,198,442 ordinary shares outstanding as of the date of this form, and (ii) 274,366 Class A preferred shares outstanding as of the date of this form. The aggregate number of Class A preferred shares beneficially owned by the Reporting Person as set forth in clauses "(a)" and "(b)" of this footnote are treated as converted into ordinary shares only for the purpose of computing the percentage ownership of the Reporting Person. Each ordinary share is entitled to one vote and each Class A preferred share is entitled to 100 votes.


SCHEDULE 13D


Ming-Chia Huang
Signature:/s/ Ming-Chia Huang
Name/Title:Ming-Chia Huang
Date:08/27/2026