Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 167

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 167
---
 least six months, including the holding period of any prior non-affiliate owner, is entitled to sell such shares without complying with the manner of sale, limitation on amount or notice provisions of Rule 144, subject to compliance with the public information requirement of Rule 144(c). In addition, if such a person has beneficially owned the shares proposed to be sold for at least one year, including the holding period of any prior non-affiliate owner, then such person is entitled to sell such shares freely without complying with any requirement of Rule 144.

| 86 |

Affiliates

As a general matter, under Rule 144 as currently in effect, beginning 90 days after the date of this prospectus, any of our affiliates who owns shares that were acquired from us or an affiliate of us for at least six months (if subject to compliance with the public information requirement of Rule 144(c)) or one year (in any other case) prior to the proposed sale is entitled to sell, within any three-month period, a number of shares that does not exceed the greater of:

| ● | 1%                                                                                         
 of the number of our ordinary shares then outstanding of the same class, which will equal  
 approximately 302,584 Class A Ordinary Shares immediately following this offering,         
 assuming the underwriters do not exercise the over-allotment option to purchase additional 
 Class A Ordinary Shares; or 307,084 Class A Ordinary Shares if the underwriters exercise   
 their option in full to purchase additional Class A Ordinary Shares; or                    |

| ● | the                                                                                        
 average weekly reported trading volume of our Class A Ordinary Shares on the NYSE American 
 during the four calendar weeks preceding the filing of a notice on Form 144 with the SEC.  |

In addition, sales under Rule 144 by our affiliates or persons selling shares on behalf of our affiliates are subject to certain manner of sale and notice requirements and the availability of current public information about us.

Rule 701

Beginning 90 days after the date of this prospectus, persons other than affiliates who purchased Class A Ordinary Shares under a written compensatory plan or contract may be entitled to sell such shares in the U.S. in reliance on Rule 701. Rule 701 permits affiliates to sell their Rule 701 shares under Rule 144 without complying with the holding period requirements of Rule 144. Rule 701 further provides that non-affiliates may sell these shares in reliance on Rule 144 subject only to its manner-of-sale requirements. Under Rule 701, shares