Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 243

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 243
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 the 1-for-20 share split effected on February
26, 2024 and additional issuance of 22,477,825 Class A Ordinary Shares and 4,780,555 Class B Ordinary Shares effected on September 30, 2024 as part of the Reorganization consideration.

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-32 |

<div align='center'>KNOREX LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGE IN SHAREHOLDERS’ EQUITY (DEFICIT)

(Stated in U.S. Dollars)</div>

|                                                         |     | Class           
 A               
 Ordinary Shares 
 Shares*         |            |     | Capital |        |     | Class           
 B               
 Ordinary Shares 
 Shares*         |           |     | Capital |       |     | Additional 
 paid-in    
 capital    |            |     | Accumulated 
 deficit     |             |   |     | Accumulated   
 other         
 comprehensive 
 loss          |          |   |     | Noncontrolling 
 interest       |        |   |     | Total         
 shareholders’ 
 equity        
 (deficit)     |            |   |
|:--------------------------------------------------------|:----|:----------------|-----------:|:----|:--------|-------:|:----|:----------------|----------:|:----|:--------|------:|:----|:-----------|-----------:|:----|:------------|:------------|:--|:----|:--------------|:---------|:--|:----|:---------------|-------:|:--|:----|:--------------|-----------:|:--|
| BALANCE,                                                
 December 31, 2021                                       |     |                 | 15,162,525 |     | $       |  7,582 |     |                 | 4,780,575 |     | $       | 2,390 |     | $          | 23,891,922 |     | $           | (28,871,252 | ) |     | $             | (484,645 | ) |     | $              |  2,636 |   |     | $             | (5,451,367 | ) |
| Net                                                     
 (loss) income                                           |     |                 |          - |     |         |      - |     |                 |         - |     |         |     - |     |            |