Huang Ming-Chao Files 13D for MKDWELL Tech Inc.
Ticker: MKDWW · Form: SC 13D · Filed: Aug 12, 2024 · CIK: 1991332
Sentiment: neutral
Topics: ownership-change, schedule-13d, significant-stake
TL;DR
**MKDWELL Tech Inc. 13D filed by Huang Ming-Chao. Ownership change incoming.**
AI Summary
Huang Ming-Chao has filed a Schedule 13D for MKDWELL Tech Inc. on July 31, 2024, indicating a change in beneficial ownership. The filing does not specify the exact number of shares or the percentage of ownership, but it requires disclosure of significant stakes in the company.
Why It Matters
This filing signals a significant change in ownership for MKDWELL Tech Inc., potentially impacting its stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.
Key Players & Entities
- Huang Ming-Chao (person) — Filing person and potential significant beneficial owner
- MKDWELL Tech Inc. (company) — Subject company
- July 31, 2024 (date) — Date of event requiring filing
FAQ
What is the specific number of MKDWELL Tech Inc. shares beneficially owned by Huang Ming-Chao?
The provided text does not specify the exact number of shares or the percentage of ownership held by Huang Ming-Chao.
What was the date of the event that triggered this Schedule 13D filing?
The date of the event which requires filing of this statement is July 31, 2024.
Is this an amendment to a previous filing?
The filing is marked as 'Amendment No. N/A', indicating it is an initial Schedule 13D filing, not an amendment.
What is the business address of MKDWELL Tech Inc.?
The business address of MKDWELL Tech Inc. is 1F, NO. 6-2, DUXING ROAD, HSINCHU SCIENCE PARK, HSINCHU CITY, F5, 300.
Who is authorized to receive notices for this filing?
Ming-Chao Huang, with the address 1F, No. 6-2 Duxing Road, Hsinchu Science Park, Hsinchu City 300, Taiwan, is the person authorized to receive notices and communications.
Filing Stats: 2,464 words · 10 min read · ~8 pages · Grade level 13.7 · Accepted 2024-08-12 16:38:46
Key Financial Figures
- $0.0001 — lates to the ordinary shares, par value $0.0001 per share (the “Ordinary Shares&r
- $10 — f the Closing Date, and then DIVIDED by $10. ” Immediately after giving effec
Filing Documents
- formsc13d.htm (SC 13D) — 83KB
- ex10-1.htm (EX-10.1) — 86KB
- 0001493152-24-031296.txt ( ) — 170KB
From the Filing
SC 13D 1 formsc13d.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. N/A)* MKDWELL Tech Inc. (Name of Issuer) Ordinary Shares (Title of Class of Securities) G6209W 108 (CUSIP Number) Ming-Chao Huang 1F, No. 6-2 Duxing Road, Hsinchu Science Park, Hsinchu +886-3-5781899 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 31, 2024 (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 . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. 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). SCHEDULE 13D 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Ming-Chao Huang 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (See Instructions) OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Taiwan NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,151,606 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,151,606 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,151,606 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.86% (1) 14 TYPE OF REPORTING PERSON (See Instructions) IN (1) Based on 16,788,342 Ordinary Shares of the Issuer issued and outstanding as of August 1, 2024. 2 Item 1. Security and Issuer This Shares”), of MKDWELL Tech Inc., a business company incorporated in the British Virgin Islands (the “Issuer” or the “Company”), whose principal executive office is located at 1F, No 6-2, Duxing Road, Hsinchu Science Park, Hsinchu City 300, Taiwan. The Issuer’s Ordinary Shares are listed on The Nasdaq Global Market under the symbol “MKDW.” Item 2. Identity and Background (a) This (b) The Taiwan. (c) The present principal occupation of the Reporting Person is a director of the Board of Directors (“Board”) of the Company. (d) The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors.) (e) The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The Reporting Person is a citizen of Taiwan. Item 3. Source and Amount of Funds or Other Considerations On June 20, 2023, Cetus Capital Acquisition Corp., a Delaware corporation (“Cetus Capital”) entered into that certain Business Combination Agreement (as it may be amended, restated, supplemented or modified from time to time, the “Business Combination Agreement”), with MKD Technology Inc., a Taiwan corporation (“MKD Taiwan”), MKDWELL Limited (“MKD BVI”), a company incorporated in the British Virgin Islands (“BVI”), and Ming-Chia Huang, in his capacity as the representative of the shareholders of MKD Taiwan (the “Shareholders’ Representative”), pursuant to which, among other things: (A) the Shareholders’ Representative will incorporate MKDWELL Tech Inc., a BVI business company (“PubCo” or the “Company”), for the purpose of serving as the public listed company whose shares will be traded on The Nasdaq Stock Market LLC (“Nasdaq”); (B) PubCo will incorporate MKDMerger1 Inc., a BVI business com