KNOREX Receives NYSE American Notice Regarding Continued Listing Standards
KNOREX Ltd. (NYSE American: KNRX) (“KNOREX” or the “Company”), a leading provider of AI-driven cross-channel advertising technology solutions, today announced that it received a notice (the "Notice") on August 21, 2026, from the NYSE American LLC ("NYSE American") stating that the Company is not in compliance with the continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide (the "Company Guide").
The Notice indicated that the Company is not in compliance with Sections 1003(a)(i) and (ii) of the Company Guide, which require stockholders’ equity of at least $2.0 million if an issuer has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years, and stockholders’ equity of at least $4.0 million if an issuer has reported such losses in three of its four most recent fiscal years. As of December 31, 2025, the Company reported a stockholders’ deficit of $6.5 million and had reported net losses in each of its four most recent fiscal years.
In accordance with the Company Guide, the Company intends to submit a plan by September 20, 2026, outlining the actions it has taken or intends to take to regain compliance with the continued listing standards by February 21, 2028.
