Company: KNRX
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001493152-25-012564
Chunk: 70

Company: KNOREX LTD.
Filing Date: 2025-09-02
Form: F-1/A
Chunk 70
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future results of operations and cash flow, our capital requirements and surplus, the amount of distribution, if any, received by us
from our subsidiaries, our financial condition, contractual restrictions and other factors deemed relevant by our board of directors.
In addition, we are a holding company and depend on the receipt of dividends and other distributions from our subsidiary to pay dividends
on our Class A Ordinary Shares. Please see the section entitled “Taxation” of this prospectus for information on the potential
tax consequences of any cash dividend declared.

| 36 |

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

The following table sets forth our capitalization as of December 31, 2024, presented on:

| ● | an                                                                                             
 actual basis;                                                                                  |
| ● | a                                                                                              
 pro forma basis to reflect the US$3.8 million in short-term loans from third parties           
 and related parties we incurred between January and August 2025;                               |
| ● | a                                                                                              
 pro forma basis to reflect the US$0.1 million in convertible notes we incurred in April 2025;  |
| ● | a                                                                                              
 pro forma basis to reflect the issuance of                                                     
 164,713 Class A Ordinary Shares through the exercise of warrants for a total consideration     
 of approximately US$0.2 million incurred in January 2025;                                      
 and                                                                                            |
| ● | a                                                                                              
 pro forma as adjusted basis to reflect the issuance and sale of 3,000,000 Class A              
 Ordinary Shares by us in this offering at an assumed initial public offering price of US$4.75  
 per share, the midpoint of the estimated range set forth on the cover page of this prospectus, 
 after deducting the estimated discounts and the estimated offering expenses payable by us,     
 assuming the underwriters do not exercise their option to purchase additional shares.          |

You should read this table in conjunction with “Use of Proceeds,” “Summary Consolidated Financial and Operating Data,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes included elsewhere in this prospectus.

|                                                                                                                                     |     | As of December 
 31, 2024       |             |   |     |           |             |   |     |              |             |   |
|:------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|------------:|:--|:----|:----------|------------:|:--|:----|:-------------|------------:|:--