MKDWELL Tech (NASDAQ: MKDW) clears Streeterville convertible debt

Rhea-AI Filing Summary

MKDWELL Tech Inc. reports that it has fully repaid its outstanding convertible debt to Streeterville Capital, LLC. The company had issued an unsecured convertible promissory note with a principal amount of $1,851,000, for which it previously received a purchase price of $1,700,000.

The note, originally issued under a securities purchase agreement dated November 26, 2024, had been subject to a standstill agreement, an amendment to the conversion price, and a later forbearance and standstill agreement that extended its maturity. On March 27, 2026, MKDWELL Tech exercised its contractual right to make an early prepayment of all outstanding balances under the note.

Form 6-K: How Foreign Companies Report to the SEC →

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 March 2026

Commission File Number 001-42197

MKDWELL Tech Inc.

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

Hsinchu Science Park,

Hsinchu City 300, 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 ☐

Settlement of Outstanding Balance under Convertible Note with Streeterville Capital, LLC

MKDWELL Tech Inc. (Nasdaq: MKDW, MKDWW) (the “Company”), previously disclosed in its current reports on Form 6-K furnished on December 3, 2024, December 11, 2024, March 5, 2025, May 14, 2025 and December 5, 2025, that it had entered into a securities purchase agreement dated November 26, 2024 with Streeterville Capital, LLC (the “Investor”), pursuant to which the Company issued to the Investor an unsecured convertible promissory note on November 26, 2024, in the principal amount of $1,851,000 (the “Note”), convertible into Ordinary Shares, for a purchase price of $1,700,000. The transaction closed on December 9, 2024 and the Company received an aggregate purchase price of $1,700,000. On March 3, 2025, the Company entered into a Standstill Agreement with the Investor with respect to the Note. On May 13, 2025, the Company and the Investor entered into an amendment to the Note that revised the “Conversion Price” under the Note. On December 2, 2025, the Company and the Investor entered into a Forbearance and Standstill Agreement pursuant to which the Investor temporarily forbore from exercising enforcement rights, and which extended the Note’s maturity date.

On March 27, 2026, the Company exercised its right and made early prepayment of all outstanding balances under the Note.

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:	March 30, 2026

FAQ

What did MKDWELL Tech Inc. (MKDW) announce in this Form 6-K?

MKDWELL Tech Inc. announced it has made an early prepayment of all outstanding balances under a convertible promissory note held by Streeterville Capital, LLC, effectively settling this specific debt instrument ahead of its extended maturity date.

What was the size of MKDWELL Tech’s convertible note with Streeterville Capital?

The unsecured convertible promissory note issued to Streeterville Capital had a principal amount of $1,851,000. MKDWELL Tech received a purchase price of $1,700,000 when the transaction closed, reflecting the cash proceeds associated with the note issuance.

When did MKDWELL Tech prepay the Streeterville Capital convertible note?

MKDWELL Tech exercised its right to make an early prepayment of all outstanding balances under the convertible note on March 27, 2026, closing out this borrowing arrangement before the note’s extended maturity date under prior agreements.

What prior agreements existed between MKDWELL Tech and Streeterville Capital?

MKDWELL Tech and Streeterville Capital had a securities purchase agreement, a standstill agreement, an amendment revising the conversion price, and a forbearance and standstill agreement that extended the note’s maturity and temporarily limited enforcement rights before the early prepayment occurred.

How much cash did MKDWELL Tech receive originally from the Streeterville note?

When the securities purchase transaction closed on December 9, 2024, MKDWELL Tech received an aggregate purchase price of $1,700,000 from Streeterville Capital in exchange for issuing the unsecured convertible promissory note with a principal amount of $1,851,000.