KNOREX (KNRX) officer discloses Class A, B shares and warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
KNOREX LTD. officer KUMAR ABHISHEK filed an initial ownership report showing his equity stake in the company. He directly holds 243,450 Class B Ordinary Shares, which are convertible into an equal number of Class A Ordinary Shares at any time and have no expiration date.
He also directly holds 27,025 Class A Ordinary Shares. In addition, he holds warrants covering 6,350 Class A Ordinary Shares at an exercise price of $1.5000 per share. These warrants expire on January 28, 2027 and can only be exercised during the final three months of their term, with the underlying share count subject to adjustment for certain corporate actions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KUMAR ABHISHEK
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 243,450 shares (Direct);
Warrants — 6,350 shares (Direct);
Class A Ordinary Shares — 27,025 shares (Direct)
Footnotes (1)
- Each Class B Ordinary Share is convertible into one Class A Ordinary Share of the issuer at any time, at the holder's election, and has no expiration date. Represents warrants issued by a subsidiary of the Issuer in 2023, prior to the Issuer's reorganization and IPO in September 2025. The warrants were reissued in exchange for cancellation of the prior subsidiary warrants in connection with the pre-IPO reorganization. The warrants are blended American/European style options that can only be exercised in the final three months of their term, prior to expiry. The number of shares underlying the warrants is subject to adjustment for certain dilutive events such as, among other things, subdivision, reclassification, redenomination, conversion or consolidation of securities, capitalization, capital distribution, and rights issues. No fractional shares will be issued upon exercise of the warrants.
FAQ
What does the KNOREX (KNRX) Form 3 filing by Kumar Abhishek show?
The Form 3 shows Kumar Abhishek’s initial ownership in KNOREX, including Class A and Class B Ordinary Shares plus warrants. It establishes his starting equity position as an officer, without reporting any recent buy or sell transactions.