Company: KNRX
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001493152-25-014499
Chunk: 226

Company: KNOREX LTD.
Filing Date: 2025-09-22
Form: F-1/A
Chunk 226
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   |
| Twelve months ending December 31, 2026  |     |                 |  39,468 |   |     |                  |       - |   |     |       |  39,468 |   |
| Twelve months ending December 31, 2027  |     |                 |  41,441 |   |     |                  |       - |   |     |       |  41,441 |   |
| Twelve months ending December 31, 2028  |     |                 |  43,513 |   |     |                  |       - |   |     |       |  43,513 |   |
| 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 ent