K Wave Media shifts listing to Nasdaq Capital Market on July 21 after Nasdaq approval

Reuters2026/07/20 12:31

By:Reuters

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K Wave Media will move its ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market.
Trading on the Nasdaq Capital Market is expected to start July 21, 2026.
Nasdaq granted an extra 180 days, through Jan. 4, 2027, to regain compliance with the $1 bid price requirement.
Shareholders authorized a potential reverse stock split to support bid-price compliance if needed.
Balance sheet overhaul tied to the listing shift lifted equity to about US$22 million, cut liabilities about 77%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. K Wave Media Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607200830PRIMZONEFULLFEED9764503) on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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K Wave Media shifts listing to Nasdaq Capital Market on July 21 after Nasdaq approval

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