Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 52

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 52
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 and residents of countries other than the U.S. and all or a substantial portion of their assets are located outside the U.S. As a result, it may be difficult for investors to effect service of process within the U.S. upon our directors or officers or to enforce judgments obtained in the U.S. courts against our directors and officers. For more information regarding the relevant laws of the Cayman Islands, the U.S. and Singapore, see “Regulation.”

Our corporate affairs are governed
by our amended and restated memorandum and articles of association, the Companies Act (Revised) of the Cayman Islands, or the
Companies Act, and the common law of the Cayman Islands. The rights of shareholders to act against our directors, actions by our minority
shareholders and the fiduciary duties of our directors to us under the Cayman Islands laws are primarily governed by the common law of
the Cayman Islands. The common law of the Cayman Islands is derived in part from comparatively limited judicial precedent in the Cayman
Islands as well as from the English common law, which has persuasive, but not binding authority, on a court in the Cayman Islands. The
rights of our shareholders and the fiduciary duties of our directors under the Cayman Islands laws may not be as clearly established
as they would be under statutes or judicial precedent in some jurisdictions in the U.S. In particular, the Cayman Islands has a less
developed body of securities laws than the U.S. Some U.S. states, such as Delaware, have more fully developed and judicially interpreted
bodies of corporate law than the Cayman Islands. In addition, Cayman Islands companies may not have the standing to initiate a shareholder
derivative action in a federal court of the U.S.

| 28 |

We have been advised by our Cayman Islands legal counsel, Harney Westwood & Riegels Singapore LLP, that there is uncertainty as to whether the courts of the Cayman Islands would:

| ● | recognize                                                                              
 or enforce against us judgments of courts of the U.S. based on certain civil liability 
 provisions of U.S. securities laws; and                                                |

| ● | entertain                                                                                        
 original actions brought in each respective jurisdiction against us or our directors or officers 
 predicated upon the securities laws of the U.S. or any state in the U.S.                         |

There is no statutory enforcement in the Cayman Islands of judgments obtained in the U.S., although the courts of the Cayman Islands will