K Wave Media (KWM) CEO Kim Ted details share and warrant holdings

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.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kim Ted

(Last) (First) (Middle)

C/O K WAVE MEDIA LTD.

121 SOUTH CHURCH STREET

(Street)

GEORGE TOWN KY1-1104

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
K Wave Media Ltd. [ KWM ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	2,866,478	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants (right to buy)	06/12/2025(1)	05/13/2035(1)	Ordinary Shares, par value $0.0001 per share	498,225	$11.5	D

Explanation of Responses:

1. 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.

	/s/ Ted Kim	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 3: SEC 1473 (03-26)

FAQ

What does K Wave Media (KWM) CEO Kim Ted report owning in this Form 3?

Kim Ted reports direct ownership of 2,866,478 Ordinary Shares of K Wave Media Ltd. He also holds warrants that can be exercised for 498,225 additional Ordinary Shares, establishing his initial disclosed equity position as director and Chief Executive Officer.

What are the key terms of Kim Ted’s K Wave Media (KWM) warrants?

The filing shows Kim Ted holds warrants to buy 498,225 Ordinary Shares at an exercise price of $11.50 per share. According to the Warrant Agreement, these warrants became exercisable thirty days after the May 13, 2025 business combination and remain exercisable for five years.

How did Kim Ted acquire his K Wave Media (KWM) warrants?

The warrants were purchased by Kim Ted in a private placement completed concurrently with K Wave Media Ltd.’s business combination with Global Star Acquisition Inc. on May 13, 2025. This transaction coincided with the closing of the business combination.

Does this K Wave Media (KWM) Form 3 show any recent share purchases or sales?

The Form 3 functions as an initial ownership report and lists Kim Ted’s existing holdings. The transaction summary reflects only holding entries and unknown codes, with no recorded buy or sell transactions in the disclosed data.

What role does Kim Ted hold at K Wave Media (KWM) according to this filing?

The filing identifies Kim Ted as both a director and an officer of K Wave Media Ltd., serving as Chief Executive Officer. His reported share and warrant positions therefore represent the equity stake of the company’s chief executive.

How long will Kim Ted’s K Wave Media (KWM) warrants remain exercisable?

Under the Warrant Agreement, the warrants became exercisable thirty days after the business combination on May 13, 2025. They remain exercisable until the date that is five years following the consummation of that business combination, as described in the filing.