Company: KNRX
Filing Date: 2025-09-02
Form Type: F-1/A
Source: 0001493152-25-012564
Chunk: 52

Company: KNOREX LTD.
Filing Date: 2025-09-02
Form: F-1/A
Chunk 52
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 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.

| 27 |

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 in certain circumstances recognize and enforce a foreign judgment, without any re-examination or re-litigation of matters adjudicated upon, provided such judgment:

| (a) | is                                                  
 given by a foreign court of competent jurisdiction; |

| (b) | imposes                                                                                    
 on the judgment debtor a liability to pay a liquidated sum for which the judgment has been 
 given;                                                                                     |

| (c) | is                    
 final and conclusive; |

| (d) | is                                            
 not in respect of taxes, a fine or a penalty; |

| (e) | was                        
 not obtained by fraud; and |

| (f) | is                                                                                            
 not obtained in a manner and is not of a kind the enforcement of which is contrary to natural 
 justice or the public policy of the Cayman Islands.                                           |

Subject to the above limitations, in appropriate circumstances, a Cayman Islands