Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 71

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 71
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 per share.

After giving effect to the pro forma adjustments set forth above and the sale of Class A Ordinary Shares in this offering by the Company at an initial public offering price of US$4.75 per share, the midpoint of the estimated range set forth on the cover page of this prospectus, and after deducting US$1.0 million in underwriting discounts and commissions and estimated offering expenses payable by our Company of approximately US$1.5 million and assuming no exercise by the underwriters of the over-allotment option to purchase additional Class A Ordinary Shares, the as adjusted net tangible book value as of December 31, 2024 would have been approximately US$5,498,743, or US$0.18 per share. This represents an immediate increase in as adjusted net tangible book value of US$0.41 per share to our existing stockholders and an immediate dilution of US$4.57 per share to new investors purchasing Class A Ordinary Shares in this offering.

The following table illustrates this dilution on a per share basis to new investors.

| Assumed initial public offering price per Class A Ordinary Shares                                       
 Net tangible book value per share as of December 31, 2024                                               |     | US$ 
 US$ |  4.75 
 (0.23 | ) |
|:--------------------------------------------------------------------------------------------------------|:----|:----|------:|:--|
| Increase in net tangible book value per share attributable to the pro forma adjustments described above |     | US$ |  0.01 |   |
| Pro forma net tangible book value per share as of December 31, 2024                                     |     | US$ | (0.22 | ) |
| Increase in pro forma net tangible book value per share attributable to the investors in this           
 offering                                                                                                |     | US$ |  0.40 |   |
| Pro forma as adjusted net tangible book value per share after the offering                              |     | US$ |  0.18 |   |
| Dilution per share attributable to new investors in the offering                                        |     | US$ |  4.57 |   |

A US$1.00 increase (decrease) in the assumed initial public offering price of US$4.75 per share (the midpoint of the estimated initial public offering price range shown on the cover page of this prospectus) would increase (decrease) our pro forma net tangible book value per share by US$0.09 per share after giving