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MKDWELL Tech Converts Debt to Equity in Strategic Move

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MKDWELL Tech Converts Debt to Equity in Strategic Move

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MKDWELL Tech ( (MKDW) ) has issued an announcement.

On March 19, 2025, MKDWELL Tech Inc. entered into debt conversion agreements with three creditors, including its CEO Ming-Chia Huang, to convert debts into equity. This strategic move involves converting a total of $2,483,100 in debt into ordinary and preferred shares, potentially strengthening the company’s financial position and aligning the interests of key stakeholders with the company’s growth objectives.

More about MKDWELL Tech

MKDWELL Tech Inc. is a company based in the British Virgin Islands, with its principal executive office located in Hsinchu Science Park, Taiwan. The company operates within the technology sector, focusing on innovative solutions and services, although specific products or market focus details are not provided in the release.

YTD Price Performance: -54.33%

Average Trading Volume: 295,723

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $50.34M

For an in-depth examination of MKDW stock, go to TipRanks’ Stock Analysis page.

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