Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 279

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 279
---
,477,825 Class A Ordinary Shares at par value US$0.0005 each and 4,780,575 Class B Ordinary
Shares of par value US$0.0005 each. As a result, since incorporation, the Company’s outstanding shares has increased from 1
share to become 27,258,400 ordinary shares. On September 30, 2024, the Company issued warrants to shareholders of the Company,
who were previously shareholders of Knorex SG, and certain other persons pursuant to the restructuring agreement in exchange for
warrants previously issued to them by Knorex SG.

The new issuance of an aggregate of 27,258,380
Class A Ordinary Shares of par value US$0.0005 each and Class B Ordinary Shares of par value US$0.0005 each on September 30, 2024 was
part of the Reorganization prior to completion of its initial public offering. The Company believed it is appropriate
to reflect above transactions on a retroactive basis similar to stock split or dividend pursuant to ASC 260. All shares and per share
amounts used herein and in the accompanying unaudited condensed consolidated financial statements have been retroactively adjusted to
reflect the share issuance.

Cancellation of warrants

On October 9, 2024, one of the Company’s warrant holders forfeited its exercise rights and cancelled its existing 67,850 warrants.

Exercise of warrants

In January 2025, a total of 164,713 warrants were
exercised to subscribe for the Company’s Class A Ordinary Shares for a total consideration of approximately US$0.2 million with
the balance payment of US$196,507.63 for 159,713 Class A Ordinary Shares expected to be received no later than January 24, 2025.

| F-54 |

<div align='center'>3,000,000

Ordinary Shares

PROSPECTUS

Cathay Securities, Inc.

, 2025</div>

<div align='center'>[Alternative Page for Resale Prospectus]

KNOREX LTD.

PRELIMINARY PROSPECTUS</div>

Through and including [●], 2025 (the [●]th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect