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MKDWELL Tech Inc. Announces Share Combination on a Thirty-to-one Basis as Part of Strategic Nasdaq Compliance Initiative

MKDWELL Tech Inc. - Ordinary Shares (MKDW) 
Company Research Source: GlobeNewswire
Hsinchu, Taiwan, Jan. 22, 2026 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (the “Company”) (Nasdaq: MKDW), an automotive electronics manufacturer, today announced that its Board of Directors has approved a share combination on its ordinary shares and the Class A Preferred Shares on a thirty-to-one basis (the “Share Combination”). The Company will file an amended and restated memorandum and articles of association with the BVI Registry of Corporate Affairs to effect the Share Combination. The Share Combination will take effect at 9:00 a.m., Eastern Time, on January 26, 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 January 26, 2026. The new CUSIP number for the ordinary share following the Share Combination will be G6209W124. At the Effective Time, every 30 shares of the Company’s issued ordinary shares will be automatically recl Show less Read more
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