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Stock impact report

Knorex Ltd Announces Closing of $12 Million Initial Public Offering

KNOREX LTD. Class A Ordinary Shares (KNRX) 
Company Research Source: GlobeNewswire
Sunnyvale and Singapore, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Knorex Ltd. (NYSE American:KNRX) (“Knorex” or the “Company”), a leading provider of AI-driven digital advertising products and solutions, today announced the closing of its initial public offering of an aggregate of 3,000,000 Class A ordinary shares (the “Shares”), all of which are being offered by Knorex at a public offering price of $4.00 per share (the “Offering”), for aggregate gross proceeds of $12.0 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 450,000 Class A ordinary shares at the initial public offering price, representing 15% of the Shares sold in the Offering, less underwriting discounts and commissions, to cover over-allotments. The Company’s Class A ordinary shares began trading on the NYSE American on September 29, 2025, under the symbol “KNRX”.  The Offering was conducted Show less Read more
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