Company: KNRX
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001493152-25-014499
Chunk: 43

Company: KNOREX LTD.
Filing Date: 2025-09-22
Form: F-1/A
Chunk 43
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 liabilities in the normal course of business and adjustments may have to be made to reflect the situation that assets may need to be realized other than in the normal course of business and at amounts which could differ significantly from the amounts at which they are currently recorded in the statement of financial position. In addition, we may have to reclassify non-current assets and liabilities as current assets and liabilities. No such adjustments have been made to these financial statements. Moreover, investors or other financing sources may be unwilling to provide additional funding to us on commercially reasonable terms or at all. If we cannot continue as a going concern, we may be forced to discontinue operations and liquidate our assets and may receive less than the value at which those assets are carried on our audited financial statements, which would cause holders of our Class A Ordinary Shares and our shareholders to lose all or a part of their investment.

Economic downturns and market conditions beyond our control could adversely affect our business, financial condition and results of operations.

Our business depends on the
overall demand for advertising and on the economic health of businesses and advertising agents that benefit from our platform. Economic
downturns or unstable market conditions may cause advertisers to decrease their advertising budgets, which could reduce usage of our
platform and adversely affect our business, financial condition and results of operations. As we explore new countries to expand
our business, economic downturns, or unstable market conditions in any of those countries could result in our investments not
yielding the returns we anticipate.

The estimates of market opportunity and forecasts of market growth included in this prospectus may prove to be inaccurate, and even if the markets in which we compete achieve the forecasted growth, our business may not grow at similar rates, or at all.

Market opportunity estimates
and growth forecasts included in this prospectus are subject to significant uncertainty and are based on assumptions and estimates which
may not prove to be accurate. The estimates and forecasts included in this prospectus relating to size and expected growth of our target
market may prove to be inaccurate. Even if the markets in which we compete meet the size estimates and growth forecasts included in this
prospectus, our business may not grow at similar rates, or at all. Our growth is subject to many factors, including our success in implementing
our business strategy, which is subject to many risks and uncertainties.

Risks Relating to Doing Business in the Jurisdictions Where We Operate

We are exposed to risks arising from fluctuations of foreign currency exchange rates.

We operate in multiple jurisdictions,
which