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 Announces Closing of $12 Million Initial Public Offering