Why KNRX was halted on Sep 29 2026: strategic carve-out
KNRX-61.8%on Tue Sep 29 2026
KNOREX LTD. was down 61.8% on the day at $0.4700, ranked #5 on 4.6× its usual five-minute volume, when TapeRank recorded this trading halt at 10:07 ET during regular hours when it was halted. TapeRank recorded 2 events for KNRX that day, between 10:07 and 10:07 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 10:07 ETHALT · REGULAR
HALTED AT $0.4700 · ▼ 61.8% ON THE DAY · 4.6× 5M RVOL · RANK #5
STRETCHEDCONFIDENCE5/5KNRX is down 53.2% despite announcing a proposed carve-out of AscendX with external funding and retained minority ownership. The announcement is non-binding and provides no valuation or financial terms, so it does not support the extreme reversal and volatility.
WHYA proposed, unpriced carve-out is modest and uncertain news versus a 53.2% daily collapse following earlier intraday gains above 300%.ANALYZED 10:05 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 10:07 ET
LAST0.4700DAY▼ 61.8%5 MIN▼ 20.63%5M RVOL4.6×5M $VOL$507KFLOAT*25.6MRANK#5SESSIONREGULARVWAP0.6655HOD0.9000LOD0.4700OR HIGH0.6943OR LOW0.5542PREV CLOSE1.23PM HIGH0.9000PM LOW0.6100GAP▼ 43.55%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
- 10:07 ETMOVER · REGULAR
$0.4700 · ▼ 61.8% ON THE DAY · 4.6× 5M RVOL · RANK #5
The same verdict as at 10:07 ET.
THE ROW AND SESSION LEVELS AT 10:07 ET
LAST0.4700DAY▼ 61.8%5 MIN▼ 20.63%5M RVOL4.6×5M $VOL$507KFLOAT*25.6MRANK#5SESSIONREGULARVWAP0.6655HOD0.9000LOD0.4700OR HIGH0.6943OR LOW0.5542PREV CLOSE1.23PM HIGH0.9000PM LOW0.6100GAP▼ 43.55%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $0.6943, -43.5% on the previous close of $1.23
- 09:30 ETRegular-session high, $0.6943
- 10:06 ETHalted (M); resumed 10:11 ET, after 5 minutes
- 12:13 ETRegular-session low, $0.2800
- 15:59 ETLast trade of the regular session, $0.3531, -71.3% on the previous close of $1.23
- Volume: 17.4M shares in regular hours, 4.3M before the open
KNRX opened at $0.6943, already 43.5% below the previous close, and fell to $0.4700 by 10:07 ET, when TapeRank recorded it at rank #5 and a five-minute halt began. It later reached a $0.2800 low at 12:13 ET before recovering to finish at $0.3531, still 71.3% below the previous close. TapeRank’s read tied the move to the proposed strategic carve-out of AscendX, which would involve external funding and retained minority ownership, but noted that the non-binding announcement provided no valuation or financial terms and did not explain the extreme reversal and volatility.
WRITTEN THU OCT 15 2026 17:58 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- MON 13:52 ETKNOREX Pursues Strategic Carve-Out Of AscendX Media Technologies Subsidiary; AscendX Would Be Separated And Independently Capitalized With Investment From External Investors, And KNOREX Expects To Retain A Minority Equity Interest In AscendXBenzinga
- MON 13:21 ET6-K — Foreign issuer reportSEC 6-K
- MON 11:46 ETKNOREX Shares Halted On Circuit Breaker To The Upside, Stock Now Up 325.66%Benzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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