Knorex (KNRX) vice president details Class A, B shares and warrants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
KNOREX LTD. vice president of operations Le Truong Vinh Phu filed an initial statement of beneficial ownership. He directly holds 272,000 Class B Ordinary Shares, each convertible into one Class A Ordinary Share without expiration. He also owns 30,200 Class A Ordinary Shares and warrants over 5,100 Class A Ordinary Shares with a $2.03 exercise price, expiring on December 14, 2027. These warrants can only be exercised in the final three months of their term and are subject to adjustment for certain dilutive events.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LE TRUONG VINH PHU
Role
Vice President, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 272,000 shares (Direct);
Warrants — 5,100 shares (Direct);
Class A Ordinary Shares — 30,200 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 Knorex (KNRX) vice president Le Truong Vinh Phu report in this Form 3?
He reports his initial beneficial ownership in KNOREX LTD., including Class A and Class B Ordinary Shares and warrants. This filing establishes his starting equity position as a company officer after the issuer’s IPO-related reorganization.
What warrant position in Knorex (KNRX) does Le Truong Vinh Phu report?
He reports warrants over 5,100 Class A Ordinary Shares with a $2.03 exercise price expiring on December 14, 2027. These blended American/European style options are exercisable only in the final three months before expiry.
How were the Knorex (KNRX) warrants in this Form 3 created?
The warrants were originally issued by a Knorex subsidiary in 2023 and later reissued in connection with a pre-IPO reorganization. They replaced prior subsidiary warrants through cancellation and are subject to adjustment for certain dilutive corporate events.