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KNOREX 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 AscendX

BenzingaBenzinga Newsdesk

KNOREX Ltd. Pursues Strategic Carve-Out of AscendX Publisher Monetization Business with External Growth Capital Proposed Structure Would Eliminate The Need for KNOREX to Fund AscendX’s Future Growth While Allowing

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