Company: KNRX
Filing Date: 2025-03-05
Form Type: F-1/A
Source: 0001493152-25-009104
Chunk: 264

Company: KNOREX LTD.
Filing Date: 2025-03-05
Form: F-1/A
Chunk 264
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 A Ordinary Shares. Class B Ordinary
Shares are valid for 5 years from the date of issuance (the “Class B Validity Period”), after which the Class B Ordinary
Shares shall automatically be converted into Class A Ordinary Shares. The Class B Validity Period may be extended for periods of 3 years
(the “Extension”). Any Extension must be approved by both the holders of Class A Ordinary Shares and Class B Ordinary Shares
by way of an ordinary resolution.

In March 2023, the Company completed its equity
financing through the issuance of 815,050 Class A Ordinary Shares for approximately US$3.7 million and converted approximately US$8.0
million into 2,553,700 Class A Ordinary Shares from its convertible notes.

In November 2023, the Company completed additional
equity financing through the issuance of 999,025 Class A Ordinary Shares for approximately US$4.5 million. Further, a total of 317,250
warrants were exercised to subscribe for the Company’s ordinary shares for a total consideration of approximately US$0.5 million.

On February 26, 2024, the Company amended its
authorized share capital from US$50,000 divided into 5,000,000 ordinary shares of par value US$0.01 each, to US$50,000 divided into 100,000,000
ordinary shares of par value US$0.0005 each of a single class. On September 25, 2024, the authorized share capital of our Company was
further amended to US$50,000 divided into 100,000,000 ordinary shares of par value US$0.0005 each, comprising 90,000,000 Class
A Ordinary Shares of par value US$0.0005 each and 10,000,000 Class B Ordinary Shares of par value US$0.0005 each. On September 25,
2024, the Company re-designated the 20 ordinary shares into 20 Class B Ordinary Shares of par value US$0.0005 each.

On September 30, 2024, the Company entered into restructuring
agreement with the shareholders of Knorex SG, resulting in the shareholders of Knorex SG becoming 100% shareholders of the Company. As
of the date of this prospectus, the Company has completed the Reorganization and the Company now owns 100% of Knorex SG. As a result,
the Company has a total of