MKDWELL Tech Inc.
MKDWConsumer Cyclical · Auto - Parts
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $46.5M
- Price
- $11.07
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.53%
- Volume
- 2.0K
About
MKDWELL Tech Inc. is a holding company, which engages in the manufacture and supply of electronic equipment for vehicles through its subsidiaries. The company was founded on July 25, 2023 and is headquartered in Road Town, British Virgin Islands.
Quick stats
Shares outstanding4.2M
Computed float3.1M
Float / shares73.6%
Key info
SectorConsumer Cyclical
IndustryAuto - Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001991332
WebsiteUnknown
AI Summary
AI-generated1/2
criticalbullishm and a
MKDWELL Tech Inc. to Acquire Premium Smart-Home and IoT Group, Diversifying Beyond Automotive Electronics
MKDWELL Tech Inc. announced a definitive agreement to acquire Landvision Inc., a developer of AI-enabled smart-home and IoT products, for $240 million in an all-stock transaction.
The deal involves issuing 30 million new shares at $8.00 per share, diversifying MKDWELL beyond cyclical automotive electronics into the high-growth consumer smart-home sector.
Upon completion, the newly issued shares will represent approximately 87.72% of the company's enlarged share capital, with CEO Ming-Chia Huang retaining control through an acting-in-concert arrangement.
Red flags
- Acquisition consideration results in ~87.7% dilution of existing shareholders, effectively a reverse merger scale transaction.
- Prior market price not disclosed; offering price of $8.00 cannot be assessed for premium or discount.