Company: KNRX
Filing Date: 2025-03-05
Form Type: F-1/A
Source: 0001493152-25-009104
Chunk: 5

Company: KNOREX LTD.
Filing Date: 2025-03-05
Form: F-1/A
Chunk 5
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 and “SGD” mean Singapore dollar(s), the lawful currency of Singapore; |

| ● | “UI”                  
 means user interface; |

| ● | “US$”                                                                             
 and “USD” mean United States dollar(s), the lawful currency of the United States; |

| ● | “U.S.”                                                 
 or “United States” means the United States of America; |

| ● | “U.S.                                                                                              
 GAAP” means generally accepted accounting principles in the United States;                         |
| ● | “Walled                                                                                            
 Garden” or “Native Platforms” means a closed platform or ecosystem in which                        
 the provider fully controls the access to their applications, audience, content, and ad inventory. 
 The typical way to access them is via the provider’s designated APIs often requiring               
 various forms of certifications governed by the provider. Examples include Apple’s                 
 ecosystem, Meta’s Facebook and Instagram, Google’s YouTube and PlayStore, and                      
 so on. See the “Open Internet” for comparison;                                                     |

| ● | “XPO”                                                    
 or “Knorex XPO” refers to our company flagship platform. |

In this prospectus, unless the context otherwise requires, references to “Knorex,” “we,” “our,” “us,” “the Company,” “our Company,” “our Group,” or their other grammatical variations are to KNOREX LTD., a Cayman Islands company, and its subsidiaries.

Internet site addresses in this prospectus are included for reference only and the information contained in any website, including our website, is not incorporated by reference into, and does not form part of, this prospectus.

The Company is an
exempted company incorporated on May 9, 2023, under the laws of the Cayman Islands with no substantial operations of its own other
than holding all the outstanding share capital of its subsidiaries. For the years ended December 31, 2023 and 2022 and up to
the date hereof, we have been conducting our business through Knorex Pte. Ltd. (“Knorex SG”), a company
incorporated under the laws of Singapore, which owns 100% equity interests in our operating subsidiaries in the United States,
Malaysia, and China, and 99.99% and 99%, respectively, of the equity interests in our operating subsidiaries in India and Vietnam. The
Company implemented a reverse capitalization on September 30, 2024 by way of entering into a restructuring