Announcement • Apr 02
Knorex Ltd. announced that it has received $2.7 million in funding from The Quarry LP Knorex Ltd. announced that it has raised $3 million in a round of funding from new investors North Commerce Parkway Capital, Tq Master Fund Lp fund managed by The Quarry LP on March 31, 2026. The company issued certain Note Purchase Agreement pursuant to which, the Company issued a senior unsecured Note to each Purchaser. The Notes mature in June 2026 and the Notes Agreement contains customary representations, warranties, conditions, and indemnification obligations of the Company. The Company received net proceeds of $2.7 million from issuance of the Notes and used approximately $700 thousand to repay existing outstanding indebtedness (including the repayment of approximately $365 thousand of a total of $513,758 of outstanding, unsecured indebtedness incurred subsequent to the Company’s IPO in September 2025 from lenders who include members of Company management and shareholders of the Company) with the remaining $2 million in net proceeds used for transaction expenses and general corporate purposes. The Notes are subject to mandatory prepayment of an amount equal to 20% of the gross proceeds of the amounts purchased under the Purchase Agreement. Announcement • Mar 11
Knorex Ltd. Announces Major Enhancements to KAIROS AI Models Delivering 47% Surge in Conversion Quality and 45% Reduction in CPA KNOREX Ltd. announced the full-scale commercial deployment of major enhancements to KNOREX KAIROS™ after more than six months of selective deployments. The upgraded KAIROS Bid Model and CPA Model, now deployed across live automotive campaigns, have delivered a 47% average improvement in click-to-conversion quality and a 45% average reduction in cost per acquisition (CPA). Click-to-conversion rates have exceeded 10%, which is more than 5x the industry benchmark of approximately 2%. The campaign performance uplift ranges from 25% to 100%, significantly improving advertiser unit economics, return on ad spend (ROAS), and campaign scalability. The KAIROS AI engine continuously analyzes real-time behavioral signals, engagement patterns, and downstream conversion data to identify high-intent users, suppress low-quality traffic, dynamically optimize bids, and improve measurable business outcomes. The significantly enhanced KAIROS Bid Model strengthens KNOREX’s ability to filter non-converting traffic before it reaches advertiser landing pages, materially improving traffic quality and conversion efficiency. Observed click-to-conversion rates exceeding 10% substantially outperform typical industry and native platforms’ averages. In parallel, the upgraded KAIROS CPA Model has materially improved cost efficiency across automotive servicing campaigns, reducing average CPA by 45%. These improvements enable dealerships and automotive advertisers to acquire higher-intent customers while preserving budget efficiency, supporting stronger ROAS and more sustainable scaling of campaigns.By integrating predictive traffic quality modeling with downstream conversion optimization, KNOREX shifts campaign performance from click-centric metrics to outcome-driven economics. This AI-driven approach enhances monetization efficiency for advertisers while reinforcing the scalability of the KNOREX XPO platform. The commercial deployment of these upgraded AI models supports KNOREX’s strategy to drive long-term revenue scalability, strengthen advertiser retention, and improve platform-level operating leverage. As advertisers realize improved acquisition economics and measurable performance gains, KNOREX is positioned to expand campaign budgets and deepen client relationships across verticals.These advancements reflect KNOREX’s continued investment in proprietary AI technologies designed to deliver scalable, performance-driven programmatic advertising. By combining bid quality optimization with CPA-focused modeling within a unified AI infrastructure, KNOREX enhances its differentiated competitive position in the rapidly evolving AI-driven advertising market. The Company intends to extend these KAIROS’ enhancements across additional verticals as part of its broader strategy to deliver measurable business results and drive sustainable revenue growth. Announcement • Feb 20
Knorex Launches Agentic AI-Ready Ads API to Power Cross-Channel Advertising Automation Knorex Ltd. announced the launch of its agentic AI-ready KNOREX Ads API, designed to serve as a foundational infrastructure layer for AI-native, cross-channel advertising workflows. Global digital advertising spend is projected to exceed $740 billion in 2026, according to industry forecasts, as brands increasingly shift budgets toward performance-driven and AI-enabled channels. As enterprises adopt autonomous, agent-based systems to manage complex marketing operations, the need for scalable infrastructure that can unify execution across multiple advertising platforms is accelerating. KNOREX has already deployed the Ads API with three strategic partners, including two in the United States and one in Southeast Asia, marking the initial commercial rollout of the technology. The Company plans to broaden adoption as demand for AI-driven advertising automation expands globally. The launch represents a strategic expansion of KNOREX's platform capabilities as the advertising industry transitions toward AI-native automation. By embedding open standards compatibility and unified cross-channel connectivity, the Company believes the KNOREX Ads API strengthens its long-term competitive positioning while expanding platform scalability and long-term monetization potential within its enterprise ecosystem. The KNOREX Ads API is compatible with the Amazon Ads MCP Server, enabling customers to build AI agents that connect via natural-language prompts. This allows AI agents to access KNOREX Ads functionality without requiring custom integrations, reducing point-to-point connections and engineering maintenance while providing streamlined access to the capabilities of KNOREX XPO. The API also supports the Advertising Common Protocol (AdCP), an open standard protocol designed to unify advertising platforms through a single interface, enabling natural language-driven workflows and automated execution across AI-native advertising ecosystems. The KNOREX ads API enables AI agents to automate workflows across programmatic advertising, Meta Ads, Google Ads, LinkedIn Ads, and TikTok Ads. AI agents can programmatically create and manage campaigns, retrieve and analyze cross-channel performance data, dynamically adjust budgets and bidding strategies, execute cross-channel optimization workflows, and generate reporting outputs. By centralizing access to multiple advertising channels through a single standardized API, KNOREX believes the Ads API can serve as a foundation layer for AI-driven advertising operations, enabling developers, agencies, and enterprises to build scalable agentic systems more efficiently. New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.6m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-US$8.8m). Earnings have declined by 4.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$36.1m market cap). Announcement • Jan 23
Knorex Ltd. Appoints Ning (Michael) Sun as Chief Financial Officer, Effective January 22, 2026 KNOREX Ltd. announced that its Board of Directors has appointed Ning (Michael) Sun as Chief Financial Officer, effective January 22, 2026. Prior to his appointment as CFO, Mr. Sun served as Head of Capital Markets at KNOREX, where he led capital markets planning, investor engagement, and pre-IPO initiatives. Before joining KNOREX, he held senior roles at Jiayin Group (NASDAQ: JFIN) and Fang Holdings (NYSE: SFUN), both U.S.-listed companies. At Jiayin Group, he served as Vice President of Capital Markets, and previously as Director of Investor Relations at Fang Holdings, where he supported investor communications, public-market compliance, and capital markets strategy. Earlier in his career, Mr. Sun worked at Davis Polk & Wardwell LLP in Beijing. Mr. Sun holds a Master’s degree in Financial Management from Central Queensland University and a Bachelor of Finance from La Trobe University. 