Company: KNRX
Filing Date: 2025-09-30
Form Type: 424B4
Source: 0001493152-25-016175
Chunk: 220

Company: KNOREX LTD.
Filing Date: 2025-09-30
Form: 424B4
Chunk 220
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 entered into a lease agreement of the office in Vietnam. The lease term was from January 1, 2023 to December 31, 2024. The lease payments are approximately $2,500 per month for the period commencing January 1, 2023 and ending May 31, 2023, approximately $2,800 per month for the period commencing June 1, 2023 and ending December 31, 2023, approximately $2,900 per month for the period commencing January 1, 2024 and ending December 31, 2024. The lease was expired on December 31, 2024.

On January 6, 2024, Knorex IN entered into a lease agreement of the office in India. The lease term was from February 15, 2024 to January 14, 2029. The lease payments are approximately $3,000 per month for the period commencing January 15, 2024 and ending January 14, 2025, approximately $3,100 per month for the period commencing January 15, 2025 and ending January 14, 2026, approximately $3,300 per month for the period commencing January 15, 2026 and ending January 14, 2027, approximately $3,500 per month for the period commencing January 15, 2027 and ending January 14, 2028, approximately $3,600 per month for the period commencing January 15, 2028 and ending January 14, 2029.

The components of the lease expenses consist of the following:

|                             |     | For the Years Ended | December 31, 2024 |     |     | December 31, 2023 |
|:----------------------------|:----|:--------------------|------------------:|:----|:----|------------------:|
|                             |     | US$                 |                   |     | US$ |                   |
| Operating lease cost        |     |                     |                   |     |     |                   |
| Lease expenses              |     | $                   |            76,632 |     | $   |            44,288 |
| Lease expenses – short-term |     |                     |            50,843 |     |     |            47,375 |
| Total lease expenses        |     | $                   |           127,475 |     | $   |            91,663