Knorex receives NYSE American non-compliance notice
KNOREX Ltd. (NYSE American: KNRX) has been notified by the NYSE American that it does not meet continued listing standards due to insufficient stockholders’ equity. The company must have at least $2.0 million in stockholders’ equity for issuers reporting losses in two of the three most recent fiscal years, and $4.0 million if losses are reported in three of the four most recent years.
As of December 31, 2025, KNOREX reported a stockholders’ deficit of $6.5 million and has posted net losses in all four of its most recent fiscal years. The company plans to submit a compliance plan by September 20, 2026, aiming to regain compliance by February 21, 2028. KNOREX’s common shares will continue to be listed and traded on the NYSE American, provided it meets other listing requirements.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.