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MKDWELL Tech ( (MKDW) ) has shared an update.
MKDWELL Tech Inc. announced the completion of a private placement offering, which closed on March 21, 2025, raising approximately $10 million through the sale of 100 million ordinary shares. Additionally, the company entered into debt conversion agreements on March 19, 2025, converting debts owed to key stakeholders into equity, which will significantly impact its balance sheet by reducing liabilities and increasing equity. These strategic financial maneuvers are expected to strengthen the company’s financial position and provide additional resources for operational and corporate activities.
More about MKDWELL Tech
MKDWELL Tech Inc. operates in the technology sector, with its principal executive office located in Hsinchu Science Park, Taiwan. The company is involved in the issuance and sale of shares and debt conversion agreements to enhance its working capital and support general corporate purposes.
YTD Price Performance: -74.44%
Average Trading Volume: 184,976
Technical Sentiment Signal: Strong Buy
Current Market Cap: $31.09M
See more data about MKDW stock on TipRanks’ Stock Analysis page.