Anson Funds Management LP, together with related entities and individuals, reports its beneficial ownership of ordinary shares of K Wave Media Ltd. on an amended Schedule 13G. The group is deemed to beneficially own 805,795 ordinary shares of the issuer.
These holdings represent 1.3% of K Wave Media’s outstanding ordinary shares, based on 64,221,193 shares issued and outstanding as reported in the issuer’s Form 20-F filed with the SEC on May 15, 2026. Voting and dispositive power over all 805,795 shares is shared among the Anson entities and their principals; none reports sole voting or dispositive power.
The amendment confirms that the group now owns 5% or less of this class of securities and identifies Anson Advisors Inc. as a Canadian Investment Advisor subject to a foreign regulatory scheme that it certifies as substantially comparable to U.S. regulation.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:805,795 ordinary sharesOwnership percentage:1.3%Shares outstanding:64,221,193 ordinary shares+3 more
6 metrics
Beneficially owned shares805,795 ordinary sharesOrdinary shares beneficially owned by the Anson group
Ownership percentage1.3%Percentage of K Wave Media ordinary shares beneficially owned
Shares outstanding64,221,193 ordinary sharesShares issued and outstanding as reported in Form 20-F filed May 15, 2026
Shared voting power805,795 sharesNumber of shares over which the group has shared voting power
Shared dispositive power805,795 sharesNumber of shares over which the group has shared dispositive power
Amendment numberAmendment No. 1First amendment to the original Schedule 13G filing
"are the beneficial owners of 1.3% of the outstanding Ordinary Shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerfinancial
"Shared Voting Power 805,795.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 805,795.00"
Schedule 13Gregulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Canadian Investment Advisorregulatory
"CUSIP No.: G53151109 | Canadian Investment Advisor"
FAQ
How many K Wave Media Ltd. (KWM) shares does the Anson group report owning?
The Anson group reports beneficial ownership of 805,795 ordinary shares of K Wave Media Ltd. This reflects shares held by one or more private funds for which Anson Funds Management LP and Anson Advisors Inc. act as co-investment advisors.
What percentage of K Wave Media Ltd. (KWM) does the Anson group own according to this Schedule 13G/A?
The Anson group reports beneficial ownership of 1.3% of K Wave Media’s outstanding ordinary shares. This is calculated by dividing 805,795 shares by 64,221,193 shares outstanding, as disclosed in the issuer’s Form 20-F filed on May 15, 2026.
Does the Anson group have sole or shared voting power over K Wave Media Ltd. (KWM) shares?
The filing reports 0 shares with sole voting power and 805,795 shares with shared voting power. The same 805,795 shares are also subject to shared dispositive power among the Anson entities and their principals.
Why is this filing labeled as Amendment No. 1 to the Schedule 13G for K Wave Media Ltd. (KWM)?
It is an Amendment No. 1 because it updates a previously filed Schedule 13G. The amendment reflects the Anson group’s current beneficial ownership level of 1.3% and confirms that it now holds 5% or less of the class.
How many K Wave Media Ltd. (KWM) shares were outstanding for the ownership calculation?
The ownership percentage is based on 64,221,193 ordinary shares issued and outstanding. This share count comes from K Wave Media Ltd.’s Annual Report on Form 20-F filed with the SEC on May 15, 2026.
What is Anson Advisors Inc.’s regulatory status in the K Wave Media Ltd. (KWM) Schedule 13G/A?
Anson Advisors Inc. is identified as a Canadian Investment Advisor. A certification states that its foreign regulatory scheme is substantially comparable to that of functionally equivalent U.S. institutions, with a commitment to provide additional information to the SEC staff upon request.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
K Wave Media Ltd.
(Name of Issuer)
Ordinary shares, $0.0001 par value per share
(Title of Class of Securities)
G53151109
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Anson Funds Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Anson Management GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
HC, OO
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Tony Moore
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Anson Advisors Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
FI, CO
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Amin Nathoo
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G53151109
1
Names of Reporting Persons
Moez Kassam
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CANADA (FEDERAL LEVEL)
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
805,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
805,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
805,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.3 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
K Wave Media Ltd.
(b)
Address of issuer's principal executive offices:
121 South Church Street, George Town, Grand Cayman, CAYMAN ISLANDS , KY1-1104.
Item 2.
(a)
Name of person filing:
Anson Funds Management LP, Anson Management GP LLC, Mr. Tony Moore, Anson Advisors Inc., Mr. Amin Nathoo and Mr. Moez Kassam
(b)
Address or principal business office or, if none, residence:
For Anson Funds Management LP, Anson Management GP LLC and Mr. Moore:
16000 Dallas Parkway, Suite 800
Dallas, Texas 75248
For Anson Advisors Inc., Mr. Nathoo and Mr. Kassam:
181 Bay Street, Suite 4200 Toronto, ON
M5J 2T3
(c)
Citizenship:
Anson Funds Management LP is a limited partnership organized under the laws of the State of Texas. Anson Management GP LLC is a limited liability company organized under the laws of the State of Texas. Mr. Moore is a United States citizen. Anson Advisors Inc. is a corporation organized under the laws of Ontario, Canada. Mr. Nathoo and Mr. Kassam are each Canadian citizens.
(d)
Title of class of securities:
Ordinary shares, $0.0001 par value per share
(e)
CUSIP No.:
G53151109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Canadian Investment Advisor
Item 4.
Ownership
(a)
Amount beneficially owned:
This Amendment No. 1 (this "Amendment") to the Schedule 13G (the "Schedule 13G") is being filed on behalf of Anson Funds Management LP (d/b/a Anson Funds), a Texas limited partnership, Anson Management GP LLC, a Texas limited liability company, Mr. Tony Moore, the principal of Anson Funds Management LP and Anson Management GP LLC, Anson Advisors Inc., an Ontario, Canada corporation, Mr. Amin Nathoo, a director of Anson Advisors Inc., and Mr. Moez Kassam, a director of Anson Advisors Inc., relating to Ordinary shares, $0.0001 par value per share (the "Ordinary Shares"), of K Wave Media Ltd., a Cayman Islands corporation (the "Issuer").
This Schedule 13G relates to the Ordinary Shares of the Issuer purchased by one or more private funds to which Anson Funds Management LP and Anson Advisors Inc. serve as co-investment advisors (collectively, the "Funds"). Anson Funds Management LP and Anson Advisors Inc. serve as co-investment advisors to the Funds and may direct the vote and disposition of the 805,795 Ordinary Shares held by the Funds. As the general partner of Anson Funds Management LP, Anson Management GP LLC may direct the vote and disposition of the 805,795 Ordinary Shares held by the Funds. As the principal of Anson Fund Management LP and Anson Management GP LLC, Mr. Moore may direct the vote and disposition of the 805,795 Ordinary Shares held by the Funds. As directors of Anson Advisors Inc., Mr. Nathoo and Mr. Kassam may each direct the vote and disposition of the 805,795 Ordinary Shares held by the Funds.
(b)
Percent of class:
Anson Funds Management LP, Anson Management GP LLC, Mr. Moore, Anson Advisors Inc., Mr. Nathoo and Mr. Kassam are the beneficial owners of 1.3% of the outstanding Ordinary Shares. This percentage is determined by dividing 805,795 by 64,221,193, which is the number Ordinary Shares issued and outstanding, as reported in the Issuer's Annual 20-F filed with the Securities and Exchange Commission (the "SEC") on May 15, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Section 4(a)
(ii) Shared power to vote or to direct the vote:
See Section 4(a)
(iii) Sole power to dispose or to direct the disposition of:
See Section 4(a)
(iv) Shared power to dispose or to direct the disposition of:
See Section 4(a)
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Section 4(a)
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Anson Advisors Inc. is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
