K Wave Media Ltd. Announces Receipt of Nasdaq Notification Letter Regarding Minimum Price Deficiency

Core Viewpoint - K Wave Media Ltd. has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share, based on its closing bid price from November 20, 2025, to January 6, 2026 [1][4] Group 1: Compliance and Listing Requirements - The company has a compliance period of 180 calendar days, until July 6, 2026, to regain compliance with the minimum bid price requirement [2] - If the closing bid price reaches at least $1.00 for ten consecutive business days during this period, Nasdaq will confirm compliance [2] - Should the company fail to regain compliance within the initial period, it may be eligible for an additional 180 days to demonstrate compliance, provided it meets other listing standards [3] Group 2: Current Trading Status - The notification does not result in immediate delisting, and the company's shares will continue to trade under the symbol "KWM" [4] - The company is actively evaluating options to regain compliance and intends to meet Nasdaq's continued listing requirements [4] Group 3: Company Overview - K Wave Media Ltd. is a publicly listed entertainment and Bitcoin treasury company focused on creating, distributing, and monetizing high-quality content across various platforms [5] - Since going public in 2025, the company has pursued strategic growth initiatives, including investments in production houses and digital platforms [5]