Company: KNRX
Filing Date: 2025-08-21
Form Type: F-1/A
Source: 0001641172-25-025066
Chunk: 70

Company: KNOREX LTD.
Filing Date: 2025-08-21
Form: F-1/A
Chunk 70
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| Non-controlling interests                                                                                                           |     |                |         124 |   |     |           |         124 |   |     |              |         124 |   |
| Total capitalization                                                                                                                |     | $              |     700,497 |   |     | $         |   4,602,758 |   |     | $            |  16,176,360 |   |

You should read the tables together with our consolidated financial statements and the related notes included elsewhere in this prospectus and the information under “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

The discussion and table above exclude the warrants our Company issued on September 30, 2024 to shareholders of the Company, who were previously shareholders of Knorex SG, and certain other persons in exchange for warrants previously issued to them by Knorex SG pursuant to the Restructuring Agreement. See “Description of Share Capital—Warrants” for details.

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<div align='center'>DILUTION</div>

If you invest in our Class A Ordinary Shares in this offering, your interest will be diluted immediately to the extent of the difference between the initial public offering price per share and our net tangible book value per share of our ordinary shares (Class A and Class B) after this offering. Dilution results from the fact that the assumed initial public offering price per share is substantially more than the net tangible book value per share attributable to the existing shareholders for our presently outstanding ordinary shares.

Historical net tangible book value per share represents our total tangible assets (total assets excluding goodwill and other intangible assets, net) net of total liabilities, divided by the number of outstanding ordinary shares (Class A and Class B). The historical net tangible book value as of December 31, 2024 would have been approximately US$(6,277,317), or US$(0.23) per share. After giving effect to the US$3.6 million short-term loans from third parties and related parties we incurred between January and August 2025, the US$0.1 million in convertible notes we incurred in April 2025, and the issuance of 164,713 Class A Ordinary Shares through exercise of warrants for a total consideration of approximately US$0.2 million incurred in January 2025, our pro forma net tangible book value as of December 31, 2024 would have been US$(6,074,859), or US$(0.22)