Mergers & Acquisitions ·
MKDWELL Tech Inc. entered into a sale and purchase agreement on July 17, 2026, to acquire the entire issued share…
MKDWWMKDWELL Tech Inc.
MKDWELL Tech Inc. entered into a sale and purchase agreement on July 17, 2026, to acquire the entire issued share capital of Landvision Inc., which controls Landvision Technology Limited. The acquisition consideration consists of 30,000,000 new ordinary shares issued at US$8.00 per share, totaling US$240,000,000. Upon completion, the Consideration Shares will represent approximately 87.72% of the Company’s enlarged issued ordinary shares. The Target Group develops and supplies AI-enabled smart-home and IoT products, including security hardware, cooling appliances, and OEM/ODM manufacturing services. This strategic transaction aims to diversify MKDWELL Tech Inc.'s business beyond its existing automotive electronics operations into the high-growth consumer smart-home sector. Completion is expected around August 2026, subject to customary conditions. The company operates in the automotive electronics industry.