Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 278

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 278
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     |    4,397,213 |
| Managed activations and professional services |     |                     |      313,624 |     |     |      363,376 |
| Total revenues                                |     | $                   |    8,725,816 |     | $   |    6,316,380 |

|                |     | For the Years Ended | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:---------------|:----|:--------------------|-------------:|:----|:----|-------------:|
|                |     | US$                 |              |     | US$ |              |
| U.S.           |     | $                   |    8,446,459 |     | $   |    5,385,939 |
| International  |     |                     |      279,357 |     |     |      930,441 |
| Total revenues |     | $                   |    8,725,816 |     | $   |    6,316,380 |

Note 17 – Subsequent events

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date of these consolidated financial statements were issued. Based on this review, except as disclosed below, the Company did not identify any other subsequent events that would require adjustment or disclosure in the consolidated financial statements.

Shares re-designation and reorganization

On September 25, 2024, the authorized share capital of the Company was further amended to US$50,000 divided into 100,000,000 ordinary shares of par value US$0.0005 each, comprising 90,000,000 Class A Ordinary Shares of par value US$0.0005 each and 10,000,000 Class B Ordinary Shares of par value US$0.0005 each. On September 25, 2024, the Company re-designated the 20 ordinary shares into 20 Class B Ordinary Shares at par value US$0.0005 each.

On September 30, 2024, the Company entered into
restructuring agreement with the shareholders of Knorex SG, resulting in the shareholders of Knorex SG becoming 100% shareholders of
the Company. As of the date of this prospectus, the Reorganization was completed and the Company now owns 100% of Knorex SG. As a
result, the Company has a total of 22