Company: KNRX
Filing Date: 2025-03-05
Form Type: F-1/A
Source: 0001493152-25-009104
Chunk: 76

Company: KNOREX LTD.
Filing Date: 2025-03-05
Form: F-1/A
Chunk 76
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any decision by the Singapore courts that has considered the specific issue of whether a judgment of a U.S. court based on such
civil liability provisions of the securities laws of the U.S. or any state or territory of the U.S. is enforceable
in Singapore.

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<div align='center'>CORPORATE HISTORY AND STRUCTURE</div>

Corporate History

We are a holding company incorporated in the Cayman Islands and conduct our operations in the U.S., Singapore, Vietnam, India, and Malaysia through our operating subsidiaries. Knorex SG was founded and incorporated in Singapore on September 9, 2009, and began operation on January 4, 2010.

Corporate Structure

Our Company was incorporated in the Cayman Islands on May 9, 2023, under the Companies Act as an exempted company with limited liability. As of December 31, 2023, our authorized share capital was US$50,000 divided into 5,000,000 ordinary shares of par value US$0.01 each. On February 26, 2024, the authorized share capital of our Company was amended 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.

Pursuant to a restructuring
agreement dated September 30, 2024 (the “Restructuring Agreement”), the shareholders of Knorex SG, has agreed to transfer
all their respective preference and ordinary shares in the capital of Knorex SG to the Company. As of the date of this prospectus, the
Reorganization was completed and the Company now owns 100% of Knorex SG. In consideration thereof, the Company had allotted and issued
an aggregate of 22,477,825 Class A Ordinary Shares and 4,780,555 Class B Ordinary Shares of the Company to the shareholders of Knorex
SG and certain other persons, in accordance with and subject to the terms of the Restructuring Agreement.

Pursuant to the