KNOREX Ltd. Pursues Strategic Carve-Out of AscendX Publisher Monetization Business with External Growth Capital

KNOREX announced it is pursuing a strategic carve-out of AscendX Media Technologies, its wholly owned publisher monetization subsidiary, to be independently capitalized by external investors while KNOREX retains a minority equity stake. The structure would eliminate KNOREX's need to fund AscendX's growth and refocus resources on the XPO platform, KAIROS AI engine and Agentic AI initiatives. AscendX has moved into commercial deployment with 10 live publishers, 70+ app and game bundles, and more than 2.0 billion ad impressions year-to-date in 2026.

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