Knorex Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $5.3M
- Price
- $0.2065
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.67%
- Volume
- 115.1K
About
Knorex Ltd. operates as a technology firm specializing in software solutions for digital advertising. The company's primary product, knorex XPO, is an enterprise-grade, self-service cloud platform. It offers a comprehensive suite of applications designed for the management and execution of advertising (AMX). Knorex Ltd. was founded in Singapore on May 9, 2023, where its headquarters are located.
Quick stats
Shares outstanding25.6M
Computed float2.5M
Float / shares9.9%
Key info
SectorTechnology
IndustrySoftware - Application
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001982960
Websitehttps://www.knorex.com
AI Summary
AI-generated1/13
minorneutralm and a
KNOREX Ltd. Pursues Strategic Carve-Out of AscendX Publisher Monetization Business with External Growth Capital
KNOREX announced it is pursuing a strategic carve-out of AscendX Media Technologies, its wholly owned publisher monetization subsidiary, to be independently capitalized by external investors while KNOREX retains a minority equity stake.
The structure would eliminate KNOREX's need to fund AscendX's growth and refocus resources on the XPO platform, KAIROS AI engine and Agentic AI initiatives. AscendX has moved into commercial deployment with 10 live publishers, 70+ app and game bundles, and more than 2.0 billion ad impressions year-to-date in 2026.
No definitive agreements have been executed, and because AscendX CEO Phu Le is also a KNOREX director and VP of Operations, the transaction will be reviewed by the Audit Committee as a related-party deal.
Red flags
- No definitive agreements executed; transaction may not complete as contemplated or at all
- Related-party transaction: AscendX CEO Phu Le is also a KNOREX director and VP of Operations
- No disclosed valuation, deal terms, or committed external investors