$MKDW

MKDWELL Tech Inc. to Acquire Premium Smart-Home and IoT Group, Diversifying Beyond Automotive Electronics

GlobeNewswire Inc. · 7/17/2026, 9:15:00 PM

MKDWELL Tech Inc., an automotive electronics manufacturer, announced it will acquire Landvision Inc., a developer of AI-enabled smart-home and IoT products, for $240 million through the issuance of 30 million new shares at $8.00 per share. The acquisition aims to diversify MKDWELL's business into the high-growth consumer smart-home sector while leveraging complementary strengths in embedded electronics and manufacturing. Completion is expected in August 2026.

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

GlobeNewswire Inc. · 1/22/2026, 4:00:00 PM

MKDWELL Tech Inc. announced a 30-to-1 share combination effective January 26, 2026, to regain compliance with Nasdaq's continued listing requirements. The share combination will reduce issued ordinary shares from approximately 141 million to 4.7 million shares, with proportionate adjustments made to warrants and convertible securities.

MKDW repurchased approximately $7 million worth of its outstanding ordinary shares.

GlobeNewswire Inc. · 1/2/2026, 10:00:00 PM

MKDWELL Tech Inc. (NASDAQ: MKDW), an automotive electronics manufacturer, announced a stock repurchase agreement to buy back 34.58 million ordinary shares at $0.203 per share for approximately $7 million. The company's CEO stated the repurchase aims to protect shareholder value amid undervalued share prices, while acknowledging challenges from macroeconomic volatility and new US tariffs.

MKDWELL Tech Inc. Reports First Half of Fiscal Year 2024 Unaudited Financial Results

GlobeNewswire Inc. · 12/31/2024, 9:10:00 PM

MKDWELL Tech Inc. reported a 61.3% decrease in total revenues and a 77.8% increase in net loss for the first half of 2024 compared to the same period in 2023. The company terminated a key customer relationship and incurred expenses for its Nasdaq listing, leading to the financial decline.