Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 232

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 232
---
.5 million.

In March 2024, a total of 810,425 warrants were exercised to subscribe for the Company’s Class A Ordinary Shares for a total consideration of approximately US$1.3 million.

The summary of warrants activity is as follows:

|                   |     | Warrants    
 Outstanding |           |   |     | Warrants    
 Exercisable |           |   |     | Class A Ordinary 
 Shares           
 Issuable         |           |   |     | Weighted 
 Average  
 Exercise 
 Price    
 US$      |      |     | Average     
 Remaining   
 Contractual 
 Life (in    
 years)      |      |
|:------------------|:----|:------------|----------:|:--|:----|:------------|----------:|:--|:----|:-----------------|----------:|:--|:----|:---------|-----:|:----|:------------|-----:|
| December 31, 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         |     |             |         - |   |     |             |         - |   |     |                  |         - |   |     | $        |    - |     |             |    - |
| Exercised         |     |             |  (810,425 | ) |     |             |  (810,425 | ) |     |                  |  (810,425 | ) |     | $        | 1.65 |     |             |    - |
| June 30, 2024     |     |             | 5,011,458 |   |     |             | 5,011,458 |   |     |                  | 5,011,458 |   |     | $        | 1.74 |     |             | 1.15 |

*The number of warrants were estimated based upon the IPO price of US$4.75, the