MKDWELL Tech sets 1-for-20 reverse share split for Nov. 18
MKDW•MKDWELL Tech will implement a 1-for-20 reverse split of its ordinary and Class A preferred shares on Nov. 18, 2026. Ordinary shares will fall from 36,354,390 to approximately 1,817,720, while Class A preferred shares will decline from 274,367 to 13,719.
1. Reverse split details
The reverse split takes effect Nov. 18, 2026, at 9 a.m. ET. Warrants will receive proportional adjustments, reducing the ordinary shares issuable per warrant and increasing exercise prices.
2. Nasdaq listing compliance
The consolidation aims to maintain compliance with Nasdaq’s continued listing requirements. Ordinary shares will begin split-adjusted trading Nov. 18 under the symbol MKDW.
