Company: KNRX
Filing Date: 2025-03-05
Form Type: F-1/A
Source: 0001493152-25-009104
Chunk: 70

Company: KNOREX LTD.
Filing Date: 2025-03-05
Form: F-1/A
Chunk 70
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 and expand our business.

Our board of directors has complete discretion in
deciding whether to distribute dividends, subject to certain restrictions under Cayman Islands law, namely that our company may only
pay dividends out of profits or share premium, and provided always that in no circumstances may a dividend be paid if this would result
in our company being unable to pay its debts as they fall due in the ordinary course of business immediately following the date on which
the dividends are proposed to be paid. In addition, subject to the provisions of the Companies Act, our shareholders may, by ordinary
resolution declare a dividend, but no dividend may exceed the amount recommended by our board of directors. Even if our board of directors
decides to pay dividends, the timing, frequency, amount and form of future dividends, if any, will depend on, among other things, our
future results of operations and cash flow, our capital requirements and surplus, the amount of distribution, if any, received by us
from our subsidiaries, our financial condition, contractual restrictions and other factors deemed relevant by our board of directors.
In addition, we are a holding company and depend on the receipt of dividends and other distributions from our subsidiary to pay dividends
on our Class A Ordinary Shares. Please see the section entitled “Taxation” of this prospectus for information on the potential
tax consequences of any cash dividend declared.

| 37 |

<div align='center'>CAPITALIZATION</div>

The following table sets forth our capitalization as of June 30, 2024, presented on:

| ● | an                                                                                             
 actual basis;                                                                                  |
| ● | a                                                                                              
 pro forma basis to reflect the US$2.8 million in short-term loans from third parties           
 and related parties we incurred between July and February 2025;                                |
| ● | a                                                                                              
 pro forma basis to reflect the issuance of                                                     
 164,713 Class A Ordinary Shares through the exercise of warrants for a total consideration     
 of approximately US$0.2 million incurred in January 2025;                                      
 and                                                                                            |
| ● | a                                                                                              
 pro forma as adjusted basis to reflect the issuance and sale of 3,000,000 Class A              
 Ordinary Shares by us in this offering at an assumed initial public offering price of US$4.75  
 per share, the midpoint of the estimated range set forth on the cover page of this prospectus, 
 after deducting the estimated discounts and the estimated offering expenses payable by us,     
 assuming the underwriters do