Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 68

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 68
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 one or more of the assumptions underlying the market data is later found to be incorrect, actual results may differ from the projections based on these assumptions.

The forward-looking statements made in this prospectus relate only to events or information as of the date on which the statements are made in this prospectus. Except as required by law, we do not intend to update or otherwise revise the forward-looking statements in this prospectus, whether due to new information, future events or otherwise. You should read this prospectus and the documents that we have referred to in this prospectus and have filed as exhibits to this registration statement, of which this prospectus is a part, completely and with the understanding that our actual future results may be materially different from what we expect.

| 34 |

<div align='center'>USE OF PROCEEDS</div>

We estimate that we will receive net proceeds from this offering of approximately US$[●] million, or US$[●] million if the underwriters exercise their option to purchase additional Class A Ordinary Shares in full, after deducting underwriting discounts, commissions and the estimated offering expenses payable by us and based upon an assumed initial offering price of US$4.75 per share (the mid-point of the estimated public offering price range shown on the front cover of this prospectus). We will not receive any of the proceeds from the sale of the Class A ordinary shares being sold by the Resale Shareholders.

We currently intend to use the net proceeds from this offering for the following purposes:

| ● | approximately                                                                            
 35% is expected to be used for recruitment of sales staff for market expansion primarily 
 in the U.S.;                                                                             |

| ● | approximately                                                           
 15% is expected to be used for marketing and brand building activities; |

| ● | approximately                                                     
 15% is expected to be used for improvement and enhancement of our 
 products; and                                                     |

| ● | the                                                                                   
 balance of the net proceeds for other working capital and general corporate purposes. |

The foregoing represents our current intentions with respect to the use and allocation of the net proceeds of this offering based upon our present plans and business conditions, but our management will have significant flexibility and discretion in applying the net proceeds of this offering. The occurrence of unforeseen events or changed business conditions may result in application of the proceeds of this offering in a manner other than as described in this prospectus. The amounts and timing of any expenditures will vary depending on the amount of cash generated by our operations and the rate of growth, if any