Recent Updates — KNRX
KNOREX Ltd. announced on September 28, 2026, that it is pursuing a strategic carve-out of its wholly owned subsidiary, AscendX Media Technologies Pte. Ltd., to be independently capitalized with external growth capital. Under the proposed structure, KNOREX expects to retain a minority equity interest in AscendX while eliminating the need for KNOREX to fund the subsidiary's future growth. This transaction would allow KNOREX to dedicate resources to its core KNOREX XPO™ platform and Agentic AI initiatives. AscendX has deployed across 10 live publishers, supported over 2.0 billion advertising impressions year-to-date in 2026, and is integrating with major demand platforms including The Trade Desk and Meta Audience Network. Five additional publishers are in advanced discussions for onboarding in Q4 2026. No definitive agreements have been executed, and the transaction remains subject to negotiation and approvals. KNOREX Ltd. operates in the technology industry, providing AI-driven cross-channel programmatic advertising solutions.
KNOREX Ltd. received a notice from NYSE American on August 21, 2026, indicating non-compliance with continued listing standards due to a stockholders' deficit of $6.5 million as of December 31, 2025, and net losses in its last four fiscal years. The company intends to submit a plan of compliance by September 20, 2026, aiming to regain compliance with equity requirements by February 21, 2028. Failure to meet these standards or the plan's acceptance could trigger delisting proceedings. KNOREX Ltd. operates in the technology industry as a provider of AI-driven cross-channel advertising solutions.
At an Extraordinary General Meeting on June 24, 2026, shareholders voted to remove Wilson Chandra as a Director. Following the meeting, the Board placed Mr. Chandra on administrative leave from his role as President. Shareholders elected Kai Zhong, Lu Liu, and Truong Vinh Phu Le as new directors. The Board subsequently reconstituted its Audit, Nominating & Governance, and Compensation committees, designating Mr. Lu Liu as the audit committee financial expert. The company operates in the technology sector providing specialized software and services.
KNOREX Ltd. has convened an Extraordinary General Meeting (EGM) on June 24, 2026, following a statutory requisition from shareholders holding at least 10% of voting rights. The agenda includes resolutions to remove Mr. Wilson Chandra from the Board of Directors and appoint new directors Mr. Kai Zhong, Mr. Lu Liu, and Mr. Truong Vinh Phu Le. KNOREX Ltd. is a Singapore-based company providing technology and software solutions.
KNOREX Ltd. announced that the resignations of Non-Executive Independent Directors Jayant Kadambi and Gordon Kwok Wai Lam became effective immediately following a board meeting on 9 June 2026. The Board mutually agreed to waive the 30-day contractual notice periods for both individuals. KNOREX Ltd. is a Singapore-based company involved in the technology and electronics sector.
KNOREX Ltd. announced the receipt of a shareholder requisition to convene an Extraordinary General Meeting (EGM) to discuss Board composition. Additionally, two Non-Executive Independent Directors, Mr. Jayant Kadambi and Mr. Gordon Kwok Wai Lam, have tendered their resignations, effective July 3, 2026.