Knorex Ltd. investor reports 11.96% beneficial stake in Class A shares
Raffles Venture (Direct) Pte.
Rhea-AI Filing Summary
Raffles Venture (Direct) Pte. Ltd., a Singapore company, filed a Schedule 13G disclosing a significant passive stake in KNOREX LTD. Class A Ordinary shares. Raffles Venture reports beneficial ownership of 11.92% of the Class A Ordinary shares plus 0.04% through warrants that are exercisable into Class A Ordinary shares, for a total of 11.96% assuming exercise of the warrants.
The firm states it has sole voting and dispositive power over the reported securities and no shared power with other parties. The filing indicates this is not part of a group and that no other person has the right to receive or direct the proceeds or voting of more than 5% of the class on its behalf.
Positive
- None.
Negative
- None.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of KNOREX LTD. (KNRX) does Raffles Venture (Direct) Pte. Ltd. report owning?
How many types of KNOREX LTD. (KNRX) securities does Raffles Venture report holding?
Is Raffles Venture (Direct) Pte. Ltd. part of a group in this KNOREX LTD. (KNRX) Schedule 13G filing?
What class of KNOREX LTD. (KNRX) securities is covered by this Schedule 13G?
AI-generated analysis. How Rhea-AI works. Not financial advice.