Do I assume correctly that you mean by “knock-out” that the knife is a “knock-off” or a copy of the Kershaw by another maker?
Do you have a loupe or microscope so you can actually look at the edge? It’s likely that the middle third of the blade has some microscopic damage that you can’t see with the naked eye. A few very small “dings” or chips in the edge can be the difference between sharp and dull.
With a bright light shining straight down on the edge, look for any signs of reflected light along the edge. A truly sharp edge will reflect no light. If you have any kind of magnifying glass, use it.
I use a hand-held microscope between grits, until every trace of edge damage has been erased. After that, I proceed through the grits normally. Until the damage is erased, any further refinement is a waste of time. I think that most of the users here use loupes, with the 10-power version with the clear plastic shroud being the most convenient, as they focus on the plane of the shroud base, making it easy to slide the loupe along the edge, looking for damage.