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NYSE American to Commence Delisting Proceedings Against KNOREX Ltd. (KNRX)

  • NYSE American has determined to commence proceedings to delist Class A ordinary shares of KNOREX Ltd. (ticker KNRX) due to a low selling price under Section 1003(f)(v) of the NYSE American Company Guide.
  • Trading in the Company's Class A ordinary shares will be suspended immediately.
  • The Company retains the right to request a review of the delisting determination by the Listings Qualifications Panel of the Committee for Review of the Board of Directors.
  • NYSE American will apply to the U.S. Securities and Exchange Commission to delist the shares upon completion of all applicable procedures, including any appeal by the Company.