Welcome to our dedicated page for K Wave Media SEC filings (Ticker: KWM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
K Wave Media Ltd. (Nasdaq: KWM) files as a foreign private issuer with the U.S. Securities and Exchange Commission, and this page provides access to its SEC filings alongside AI-powered analysis. As an entertainment and Bitcoin treasury company, K Wave Media uses reports on Form 6-K and Form 20-F to disclose material information about financing transactions, strategic partnerships, acquisitions, governance changes, and its digital asset strategy.
Recent Form 6-K filings describe securities purchase agreements for senior secured convertible notes and warrants, including terms that allocate a substantial portion of proceeds to Bitcoin purchases as part of the company’s Bitcoin Treasury Plan. Other filings detail a strategic partnership and equity investment by Galaxy Digital, registration rights agreements for resale of ordinary shares and warrants, and a security agreement granting a security interest in certain cash and digital asset accounts.
Filings also cover corporate actions such as the share purchase agreement to acquire a majority stake in Rabbit Walk Inc., a video and content media production company, and the binding share purchase agreement to acquire a controlling stake in Hansol Inticube Co., Ltd., an AI language and software development company. Additional reports address treasury share gifts and loans from key shareholders, as well as changes in the board of directors.
On Stock Titan, AI tools summarize these documents so readers can quickly understand key provisions, such as conversion prices, warrant terms, collateral arrangements, and acquisition structures. Users can review current reports on Form 6-K, annual disclosures on Form 20-F when available, and related exhibits, while AI-generated highlights help interpret how each filing relates to K Wave Media’s entertainment operations, IP tokenization plans, and Bitcoin-focused treasury strategy.
K Wave Media Ltd. shareholders filed Amendment No. 1 to their Schedule 13D to update ownership in the company’s ordinary shares. The filing reflects significant share transfers and sales by several large holders and recalculates their stakes based on 69,166,879 ordinary shares outstanding.
Ted Kim transferred 1,853,874 shares to Jaekeun Kim as a bonus award and, through affiliated entities, disposed of additional shares, reducing his position to 3,364,703 shares, or 4.83% of the company. Hyung Seok Cho now holds 46,280 shares, or 0.07%, after disposing of 8,622,587 shares, while Young Jae Lee holds 2,716,633 shares, or 3.93%, after selling 1,954,668 shares.
As a result, Hyung Seok Cho, Ted Kim, and Young Jae Lee each ceased to be beneficial owners of more than five percent of K Wave Media’s ordinary shares, while Jaekeun Kim and Pyeung Ho Choi remain larger holders with 10.31% and 7.16% stakes, respectively.
K Wave Media Ltd. reported that Nasdaq has notified the company it is not meeting the Nasdaq Global Market requirement that its Market Value of Listed Securities be at least $50 million. Nasdaq found the company’s market value was below this threshold from November 25, 2025 through January 20, 2026 under Listing Rule 5450(b)(2)(A).
The company has 180 calendar days, until July 21, 2026, to regain compliance by having its market value at or above $50 million for at least ten consecutive business days. If it fails to do so, its shares may be subject to delisting, though it could appeal or seek transfer to the Nasdaq Capital Market. The company states it is evaluating options and aims to regain compliance while continuing to focus on its long-term strategy.
K Wave Media Ltd. filed Amendment No. 1 to its Form F-1 registration statement as an exhibit-only update, mainly to refresh auditor consents and revise the cover page and exhibit index, with the prospectus itself unchanged from the prior filing. The filing also describes a previously executed PIPE financing in which institutional investors agreed to purchase
K Wave Media Ltd. reported that it has received a Nasdaq notification letter stating its ordinary shares no longer meet the Nasdaq Capital Market’s minimum bid price requirement of $1.00 per share, based on closing bid prices from November 20, 2025 to January 6, 2026.
Under Nasdaq rules, the company has 180 calendar days, until July 6, 2026, to regain compliance. If the closing bid price is at least $1.00 for ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter.
If compliance is not regained in this initial window, K Wave Media may qualify for an additional 180 days if it meets other Nasdaq Capital Market initial listing standards (aside from bid price) and indicates it may cure the deficiency, potentially through a reverse stock split. The notification does not cause immediate delisting, and the shares continue to trade under the symbol KWM. The company is evaluating options but notes there is no assurance it will regain compliance.
K Wave Media Ltd. filed a Form 6-K noting it has announced gifts and loans of ordinary shares into the company’s treasury. The company said this disclosure was made via a press release dated October 16, 2025, which is furnished as Exhibit 99.1.
The filing includes customary forward-looking statements language. The report was signed by Chief Executive Officer Ted Kim on October 16, 2025.
K Wave Media Ltd. entered into a Securities Purchase Agreement with Galaxy Digital LP, under which it sold 400,000 ordinary shares for $1,000,000 and issued warrants to purchase 200,000 additional shares. The deal closed on September 30, 2025.
The warrants are immediately exercisable at $2.75 per share, include standard anti-dilution adjustments, and expire five years after the agreement date. A 4.99% beneficial ownership cap limits how many shares Galaxy Digital and its affiliates can hold after any warrant exercise.
Through a related Registration Rights Agreement, K Wave Media agreed to file a registration statement within 30 days of closing to register the resale of the 400,000 purchased shares and 200,000 warrant shares, and to use best efforts to have that registration declared effective and kept effective for specified periods.
K Wave Media Ltd. reported signing a Share Purchase Agreement to acquire 110,000 common shares of Korean production company Rabbit Walk Inc., representing 55% of its outstanding common stock. At closing, K Wave Media will issue ordinary shares to the sellers with an aggregate value of KRW 9,075,000,000, based on a reference price of USD $2.50 per share, with the exact share count tied to the KRW/U.S. dollar exchange rate at closing.
The sellers may receive additional earnout shares valued at KRW 9,075,000,000 if Rabbit Walk’s performance-based consolidated operating profit for 2025 or 2026 reaches at least KRW 1,200,000,000. The parties also agreed to negotiate by December 31, 2026 for K Wave Media to acquire the remaining 45% of Rabbit Walk’s shares in exchange for additional ordinary shares. Key Rabbit Walk executives are expected to stay in management for six years and may receive annual bonus payments equal to 20% of Rabbit Walk’s performance-based consolidated operating profit above KRW 2,000,000,000, capped at KRW 700,000,000 per year.
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