K Wave Media, Ltd Stock Price, News & Analysis

K Wave Media (KWM) said it received a Nasdaq written notice dated January 22, 2025 that it is not in compliance with the Nasdaq minimum Market Value of Listed Securities (MVLS) requirement for continued listing on The Nasdaq Global Market. The notice provides a 180-calendar-day compliance period during which the company's MVLS must close at or above $50 million for at least 10 consecutive business days to regain compliance. The notice does not have an immediate effect on listing or trading. The company said it will consider available options to restore compliance and remains focused on its long-term business strategy; K Wave Media went public in 2025 and operates in entertainment and Bitcoin treasury management.

K Wave Media (Nasdaq: KWM) reported that the feature film Once We Were Us, released December 31, 2025, reached over 1 million cumulative viewers in 12 days and climbed to the top of the Korean box office.

On January 7, 2026 the film drew 54,940 admissions, surpassing Avatar: Fire and Ashes (46,691 admissions) despite screening on roughly half as many screens and showtimes as Avatar: The Way of Water. K Wave Media cited strong word of mouth and sustained audience demand. The company also highlighted prior success with the Netflix original Trigger, produced by subsidiary Bidangil Pictures, whose production budget reportedly exceeded Squid Game Season 1.

K Wave Media (Nasdaq: KWM) received a Nasdaq notice dated January 7, 2026, advising the company no longer meets Nasdaq Listing Rule 5550(a)(2) because its closing bid price was below $1 during the period Nov 20, 2025–Jan 6, 2026.

Under Nasdaq Rule 5810(c)(3)(A), K Wave has a 180-day compliance period until July 6, 2026 to regain a $1.00 closing bid for ten consecutive business days. If not regained, the company may seek a second 180-day period by meeting other listing standards and filing intent to cure, including a possible reverse stock split. Trading will continue uninterrupted under the symbol KWM, and the company said it is evaluating options to regain compliance but gave no assurance of success.

K Wave Media (Nasdaq: KWM) announced a binding agreement to acquire a 42.25% controlling stake in KOSDAQ-listed Hansol Inticube via its subsidiary Play Company, with closing expected in Q1 2026 subject to customary conditions.

Hansol Inticube reported KRW 51 billion (≈USD 35 million) revenue in the first nine months of 2025. K Wave Media says the deal will integrate Hansol’s AI, cloud, and ICT capabilities with K Wave’s entertainment IP to pursue EnterTech services and aims to double revenue and return to profitability in 2026 following the transaction.

K Wave Media (Nasdaq: KWM) announced SEC clearance of the Anson Funds resale registration statement, a strategic acquisition pending closing, and progress on its K-IP STO platform and Bitcoin Treasury Plan.

Key points: SEC clearance reopens capital-raising and allows resumption of the BTC accumulation plan; the Rabbit Walk acquisition could add $20 million (≈25–30%) revenue over 12 months and brings clients including Samsung and LG; 44 IP holders signed MOUs for the K-IP STO platform expected in Q2 2026; Galaxy Digital has invested, signaling institutional interest.

K Wave Media (Nasdaq: KWM) on November 4, 2025 appointed Yong (Howard) Fang as Chief Financial Officer. Fang joins with experience in capital markets, investor relations, financial reporting, compliance, and capital raising.

His background includes CFO of Baijiayun Group (Nasdaq: RTC), senior finance roles at GigaCloud Technology and Sanergy Group, and audit experience at Marcum LLP. Management and Fang provided statements highlighting his role in supporting expansion and shareholder value.

K Wave Media (Nasdaq: KWM) announced that certain key shareholders, including co-founders, contributed 6.24 million ordinary shares to treasury and lent an additional 1.55 million shares interest-free to treasury on Oct 16, 2025.

The combined 7.79 million shares are valued at approximately $25 million based on the Oct 15, 2025 market price, equal to about 13% of issued and outstanding shares and roughly 25% of the public float. The company said it will use the shares for the K-IP STO platform, BTC purchases, strategic M&A, debt reduction, and working capital, and expects EPS improvement, reduced overhang risk, and stabilization of the share price as part of ongoing financial restructuring following Galaxy Digital's Sept 2025 investment.

K Wave Media (Nasdaq: KWM) has announced plans to develop a pioneering entertainment tokenization platform, backed by a $1 million equity investment from Galaxy Digital (Nasdaq/TSX: GLXY). The platform will enable fractional ownership in entertainment assets through revenue-sharing tokens and implement smart contract-based royalty distribution.

The initiative has already secured MOUs from 37 leading Korean content producers and IP holders. The platform will accept Bitcoin payments and aims to connect Korean retail markets, U.S. institutional investors, and global crypto communities. The system will allow fans to invest in entertainment projects while ensuring transparent payouts to creators, investors, and rights holders.

K Wave Media's (NASDAQ: KWM) subsidiary Solaire Partners has been selected to manage a $28 million IPTV fund backed by Korea's three major IPTV operators. The fund aims to invest in 3-4 major films annually and revitalize the IPTV VOD market.

Solaire Partners, known for investing in successful films like 'Parasite', will manage the 'Solaire IPTV Video Investment Fund' to secure high-quality content and accelerate content delivery to viewers. The initiative comes as IPTV platforms face challenges from OTT growth, dropping from second to fourth place in movie viewing preferences between 2018-2023.

The strategic move follows KWM's acquisition of AI-powered company Rabbit Walk, strengthening its integrated entertainment ecosystem across content production, investment, and marketing.