Company: KNRX
Filing Date: 2025-06-12
Form Type: F-1/A
Source: 0001641172-25-014801
Chunk: 219

Company: KNOREX LTD.
Filing Date: 2025-06-12
Form: F-1/A
Chunk 219
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2023 |     |             | 5,570,275 |   |     |             | 5,570,275 |   |     |          | 5,570,275 |   |     | $        | 1.66 |     |             | 1.63 |
| Granted           |     |             |   251,608 | * |     |             |   251,608 |   |     |          |   251,608 |   |     | $        | 3.33 |     |             | 2.00 |
| Forfeited         |     |             |   (67,850 | ) |     |             |   (67,850 | ) |     |          |   (67,850 | ) |     | $        | 2.18 |     |             |    - |
| Exercised         |     |             |  (810,425 | ) |     |             |  (810,425 | ) |     |          |  (810,425 | ) |     | $        | 1.65 |     |             |    - |
| December 31, 2024 |     |             | 4,943,608 |   |     |             | 4,943,608 |   |     |          | 4,943,608 |   |     | $        | 1.73 |     |             | 0.59 |

*The number of warrants were estimated based upon the IPO price of US$4.75, the midpoint of the estimated proposed IPO price range of $4.00 and $5.50 per share.

The outstanding warrants of Knorex SG were swapped over to the Company’s warrants upon the effectiveness of the Reorganization as discussed in Note 1.

| F-25 |

Note 12 – Net loss per share

The Company computes loss per share of Class A Ordinary Shares and Class B Ordinary Shares using the two-class method. Except as voting rights as discussed in Note 11, all other rights, including the liquidation and dividend rights, of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical. As a result, the undistributed loss for each year is allocated based on the contractual participation rights of the Class A Ordinary Shares and Class B Ordinary Shares as if the earnings for the year had been distributed. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate