MKDWELL Tech shares fall 10.59% intraday after announcing 30-to-1 share combination to comply with Nasdaq requirements.

MKDWELL Tech Inc. fell 10.59% intraday after announcing a thirty-to-one share combination for its ordinary and Class A Preferred Shares, effective January 26, 2026. The move, intended to comply with Nasdaq listing requirements and strengthen the company’s capital structure, will reduce issued ordinary shares from ~141 million to ~4.7 million. While the adjustment aims to align with regulatory standards, the substantial share reduction—potentially signaling financial strain or restructuring—prompted immediate investor caution. The stock will trade on a split-adjusted basis under "MKDW," with proportional changes to warrants and convertible notes. The intraday selloff suggests market skepticism over the company’s capital adjustments, despite the stated strategic rationale.