Knorex exchanges USD 3.15 million senior unsecured notes for USD 3.36 million convertible promissory notes held by North Commerce Parkway Capital, TQ Master Fund

• Knorex entered an exchange agreement on Oct. 2, 2026 with North Commerce Parkway Capital LP, TQ Master Fund LP.
• Exchanged USD 3.15 million of senior unsecured promissory notes for USD 3.36 million of new convertible promissory notes.
• New principal includes USD 129,325 of capitalized interest, a 2.5% original issue discount adjustment of USD 84,086.
• Exchange Notes mature Jan. 1, 2027; interest accrues at the rate under the existing note purchase agreement.
• Holders can convert at the greater of 80% of the lowest 5-day Daily VWAP or a floor at 20% of NYSE American minimum price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knorex Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-046330), on October 08, 2026, and is solely responsible for the information contained therein.