K Wave Media CEO Kim Ted reports holdings
K Wave Media Ltd. director and Chief Executive Officer Kim Ted filed an initial ownership report showing his equity stake in the company.
Rhea-AI Filing Summary
K Wave Media Ltd. director and Chief Executive Officer Kim Ted filed an initial ownership report showing his equity stake in the company. He holds 2,866,478 Ordinary Shares directly, along with warrants that are exercisable into 498,225 Ordinary Shares at an exercise price of $11.50 per share. These warrants were purchased in a private placement completed concurrently with K Wave Media’s business combination with Global Star Acquisition Inc. on May 13, 2025, and, under the Warrant Agreement, became exercisable thirty days after that business combination and remain exercisable until the date that is five years following its consummation.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants (right to buy) | -- | -- | -- |
| holding | Ordinary Shares, par value $0.0001 per share | -- | -- | -- |
Footnotes (1)
- F1. The warrants were purchased by Mr. Kim in a private placement consummated by K Wave Media Ltd. (the "Issuer") concurrently with the Issuer's business combination with Global Star Acquisition Inc. on May 13, 2025 (the "Business Combination"). Pursuant to the Warrant Agreement, the warrants became exercisable on the date that was thirty days following the Business Combination and are exercisable until the date that is five years following the consummation of the Business Combination.
FAQ
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What does K Wave Media (KWM) CEO Kim Ted report owning in this Form 3?
What are the key terms of Kim Ted’s K Wave Media (KWM) warrants?
How did Kim Ted acquire his K Wave Media (KWM) warrants?
What role does Kim Ted hold at K Wave Media (KWM) according to this filing?
How long will Kim Ted’s K Wave Media (KWM) warrants remain exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.