Company: KNRX
Filing Date: 2025-09-30
Form Type: 424B4
Source: 0001493152-25-016175
Chunk: 221

Company: KNOREX LTD.
Filing Date: 2025-09-30
Form: 424B4
Chunk 221
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| Total minimum lease payments            |     |                 | 162,011 |   |     |                  |  46,636 |   |     |       | 208,647 |   |
| Less: discount                          |     |                 | (21,238 | ) |     |                  |       - |   |     |       | (21,238 | ) |
| Present value of minimum lease payments |     |                 | 140,773 |   |     |                  |  46,636 |   |     |       | 187,409 |   |
| Less: minimum lease payments, current   |     |                 | (28,840 | ) |     |                  | (46,636 | ) |     |       | (75,476 | ) |
| Minimum lease payments, non-current     |     | $               | 111,933 |   |     | $                |       - |   |     | $     | 111,933 |   |

| F-23 |

Note 11 – Shareholders’ equity

Class A and B Ordinary shares

The Company is authorized to issue 90,000,000 shares of Class A Ordinary Shares of par value $0.0005 each and 10,000,000 shares of Class B Ordinary Shares of par value $0.0005 each.

Holders of our Class A Ordinary Shares and Class B Ordinary Shares will have the same rights except for voting and conversion rights. Except for any resolutions to be passed for the purpose of extending the five-year period from the date of issuance of the relevant Class B ordinary shares (subject to any extension) following which such Class B Ordinary Shares shall be automatically and immediately converted into an equal number of Class A Ordinary shares (“Class B Validity Period”), each Class A Ordinary Share shall entitle the holder thereof to one vote on all matters subject to vote at our general meetings and each Class B Ordinary Share shall entitle the holder thereof to five votes on all matters subject to vote at our general meetings. In relation to any resolutions to be passed for the purpose of extending the Class B Validity Period, each Class A Ordinary Share shall entitle the holder thereof to one vote and each Class B Ordinary Share shall entitle the holder thereof to one vote.

Class B Ordinary Shares shall be automatically and immediately converted into an equal number of Class A Ordinary Shares upon (i) the expiration of the Class B Validity Period, and (ii) the transfer of Class B Ordinary Shares. Class