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KNOREX Delivers 47% Surge in Conversion Quality and 45% Reduction in CPA Following Major KAIROS™ AI Models Upgrade
Businesswire· 2026-03-10 12:45
Core Viewpoint - KNOREX Ltd. has announced the full-scale commercial deployment of significant enhancements to its AI-driven programmatic advertising solutions after over six months of selective deployments [1] Group 1: Company Developments - The enhancements are part of the KNOREX KAIROS™ platform, which utilizes proprietary artificial intelligence for bid optimization and performance modeling [1] - The upgrades are integrated within the KNOREX XPO™ platform, indicating a strategic move to enhance the company's offerings in the advertising technology space [1]
KNOREX Validates AI Platform's Ability to Convert National Digital Awareness Campaigns into Dealership Visits at Scale
Businesswire· 2026-02-23 12:47
Core Insights - KNOREX Ltd. announced successful results from a large-scale automotive campaign utilizing its AI-driven XPO platform to convert digital awareness into dealership visits [1] Company Overview - KNOREX is a leading provider of AI-driven programmatic advertising solutions [1] - The company operates on the NYSE American under the ticker KNRX [1] Campaign Details - The initiative was conducted in collaboration with a prominent U.S.-based automotive digital engagement and reputation management platform [1] - The campaign demonstrated the effectiveness of the unified AI-powered XPO platform in driving dealership visits at scale [1]
Knorex Goes Agentic: AI Ad Tech Sends Stock to the Moon
Benzinga· 2026-02-19 18:48
Core Viewpoint - Knorex Ltd. (KNRX) experienced a significant stock surge of over 170% following the launch of its new agentic AI-ready ads API, indicating strong market interest and potential for growth in the ad-tech sector [1]. Group 1: Product Launch and Technology - The catalyst for the stock's explosive movement is Knorex's new API, which automates workflows across major advertising platforms such as Meta Ads, Google Ads, LinkedIn Ads, and TikTok Ads, positioning the company for the era of agentic AI [2]. - The API enables cross-channel automation, distinguishing it from traditional programmatic tools, and has already been deployed by three strategic partners in the U.S. and Southeast Asia, demonstrating immediate commercial viability [2]. Group 2: Market Dynamics - Knorex operates with a low float of approximately 17.8 million shares, with a significant portion held by insiders and early investors, creating a scenario for a potential squeeze when demand surged [3]. - Following the news release, trading volume skyrocketed to over 44 million shares by midday, a dramatic increase from the typical daily average of around 37,500 shares [3]. Group 3: Stock Performance - The stock, which recently hit an all-time low of $0.75, reached a session high of $3.45 before stabilizing around the $2.30 mark, reflecting the volatility and rapid price changes typical of low-float stocks [4].
KNOREX Appoints Michael Sun as Chief Financial Officer
Businesswire· 2026-01-23 13:30
Company Overview - KNOREX Ltd. is a B2B technology company founded in 2009, providing AI-driven cross-channel programmatic advertising products and solutions to simplify digital marketing [3] - The flagship platform, KNOREX XPO, is an AI-powered, cloud-based advertising technology platform that enables efficient planning, execution, and optimization of cross-channel ad campaigns across various digital media [3][4] - KNOREX serves global enterprises, agencies, and brands across multiple industries, with operations in the United States, Vietnam, India, Malaysia, and Singapore [5] Leadership Appointment - The Board of Directors has appointed Ning (Michael) Sun as Chief Financial Officer (CFO), effective January 22, 2026, to strengthen the executive leadership team [1] - Michael Sun brings extensive capital markets and public-company experience, which is deemed critical for KNOREX's growth as a public company [2] - Prior to this role, Mr. Sun was Head of Capital Markets at KNOREX and has held senior positions at Jiayin Group and Fang Holdings, both U.S.-listed companies [2]
KNOREX Provides Year-End Business Update Highlighting Record Ad Spend in Q4 and Accelerating Commercial Momentum
Businesswire· 2025-12-31 21:05
Core Insights - KNOREX Ltd. has reported significant commercial progress, marking one of the strongest quarters of ad spend transacted through its XPO platform in the company's history [1] Group 1: Business Performance - The company highlighted a year-end business update showcasing robust growth initiatives following its successful listing on NYSE American in September [1]
KNOREX Announces Strategic Partnership with Leading B2B Data Provider to Enhance Data-Driven Marketing Capabilities
Globenewswire· 2025-10-15 13:15
Core Insights - KNOREX Ltd. has announced a strategic partnership with a premier B2B data provider to enhance its AI-driven digital advertising capabilities, enabling marketers to execute smarter and more precise campaigns at scale [1][4]. Company Overview - KNOREX Ltd. is a B2B technology company founded in 2009, specializing in AI-driven cross-channel programmatic advertising solutions [5]. - The company's flagship platform, KNOREX XPO, is a cloud-based advertising technology that facilitates efficient planning, execution, and optimization of digital ad campaigns across various media [5][6]. Partnership Details - The collaboration integrates KNOREX's advanced AI with the partner's human-verified proprietary B2B dataset, providing customers with high-quality data for targeted marketing [3][4]. - This partnership aims to empower sales and marketing teams with actionable insights, accelerating customer acquisition and revenue growth [2][3]. Market Positioning - The integration of proprietary data into KNOREX XPO is expected to enhance campaign performance, reduce wasted ad spend, and improve efficiency in marketing efforts [6]. - KNOREX serves a diverse range of industries, including technology, financial services, and healthcare, positioning itself as a leader in the evolving digital advertising landscape [2][7].
KNOREX CEO Provides Shareholder Letter Highlighting Recent NYSE American Listing and Strategic Business Outlook
Globenewswire· 2025-10-09 13:00
Core Insights - KNOREX Ltd. has successfully listed on the NYSE American, marking a significant milestone in its journey and providing vital capital for global growth [1] - The company aims to lead the future of AI-powered online advertising orchestration and automation, addressing challenges such as fragmentation and orchestration complexities in the digital advertising landscape [2] Financial Performance - In 2024, KNOREX generated $10.8 million in revenue, a 24.0% increase from $8.7 million in 2023 [3] - Gross profit rose by 40.0%, from $3.2 million in 2023 to $4.5 million in 2024 [3] - The global digital advertising market is projected to reach $871 billion by 2027, positioning KNOREX to capture a larger market share [3] Business Strategy - The capital raised from the IPO will accelerate KNOREX's growth strategy, focusing on AI-driven solutions and geographic expansion in North America and Asia [4] - The company's proprietary machine learning and automation capabilities enable predictive budgeting, attribution, and real-time optimization across channels [4] - KNOREX is committed to building a sustainable and profitable business model to serve the rapidly transforming advertising industry [4][5] Market Position - KNOREX XPO, the company's flagship platform, centralizes campaign execution and analytics, enhancing efficiency and transparency for advertisers [7] - The platform supports a wide range of digital media formats, including social media, search, CTV/OTT, video, audio, display, native, and digital-out-of-home advertising [6][7] - KNOREX serves global enterprises, agencies, and brands, helping them navigate the complexities of online advertising with intelligent, data-driven solutions [8]
Knorex Ltd Announces Closing of $12 Million Initial Public Offering
Globenewswire· 2025-10-01 12:30
Company Overview - Knorex Ltd. is a B2B technology company founded in 2009, specializing in AI-driven marketing automation and digital advertising solutions [6] - The company's flagship platform, Knorex XPO, is an AI-powered, cloud-based advertising technology platform that enables efficient planning, execution, and optimization of cross-channel ad campaigns [6][7] - Knorex serves global enterprises, agencies, and brands across various industries, with operations in the United States, Vietnam, India, Malaysia, and Singapore [8] Initial Public Offering (IPO) Details - Knorex announced the closing of its IPO, offering 3,000,000 Class A ordinary shares at a public offering price of $4.00 per share, resulting in gross proceeds of $12.0 million before deductions [1] - The IPO was conducted on a firm commitment basis, with R. F. Lafferty & Co. Inc. as the lead book-running manager and Craft Capital Management LLC as co-manager [3] - The company has granted underwriters a 45-day option to purchase an additional 450,000 Class A ordinary shares, representing 15% of the shares sold in the offering [2] Trading Information - The Class A ordinary shares of Knorex began trading on the NYSE American under the symbol "KNRX" on September 29, 2025 [2][4]
KNOREX LTD.(KNRX) - Prospectus(update)
2025-09-22 21:06
As filed with the U.S. Securities and Exchange Commission on September 22, 2025 Registration No. 333-283112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 6 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 KNOREX LTD. (Exact name of registrant as specified in its charter) Cayman Islands 7370 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial (I.R.S. Employer Identification Number) If any of the ...
KNOREX LTD.(KNRX) - Prospectus(update)
2025-09-02 20:58
As filed with the U.S. Securities and Exchange Commission on September 2, 2025 Registration No. 333-283112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 5 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 KNOREX LTD. (Exact name of registrant as specified in its charter) Cayman Islands 7370 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial (I.R.S. Employer Identification Number) 21 Merchant Roa ...