Business
K Wave Media Receives Nasdaq MVLS Deficiency Notice, Aims to Regain Compliance by June 2026
NEW YORK and SEOUL, South Korea, Jan. 23, 2026 (GLOBE NEWSWIRE) -- K Wave Media (the “Company”) announced today that it received a written notification (the
About this update from K Wave Media, Ltd.
[{"type":"text","content":"NEW YORK and SEOUL, South Korea, Jan. 23, 2026 (GLOBE NEWSWIRE) -- K Wave Media (the “Company”) announced today that it received a written notification (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) dated January 22, 2025, notifying the Company that it is not in compliance with the minimum Market Value of Listed Securities (“MVLS”) requirement set forth in Nasdaq Listing Rules for continued listing on The Nasdaq Global Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company has a 180-calendar-day compliance period and during this period, the Company's MVLS closes at or above $50 million for at least 10 consecutive business days, Nasdaq will notify the Company of its compliance, and the matter will be closed. This letter has no immediate effect on the listing or trading of the Company's ordinary shares. The Company will consider available options during this period to restore compliance with Nasdaq listing requirements. The Company remains committed to executing its long-term business strategy and enhancing shareholder value. About K Wave MediaK Wave Media (KWM) is a publicly listed entertainment and Bitcoin treasury company dedicated to creating, distributing, and monetizing high-quality content across multiple platforms. Since going public in 2025, KWM has focused on strategic growth initiatives, including acquisitions, digital platforms, and digital asset treasury management.Forward Looking Statements:This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication and on the current expectatio...