K Wave Media effects 1-for-30 reverse stock split Aug. 3

Reuters2026/07/30 15:30

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K Wave Media will execute a 1-for-30 reverse stock split effective 12:01 a.m. ET on Aug. 3, 2026.
Shares are expected to trade on a split-adjusted basis on Nasdaq at the Aug. 3 open under the symbol KWM.
Outstanding shares will fall from 78,514,509, lifting the per-share price proportionately, subject to market moves.
The move targets compliance with Nasdaq’s minimum bid-price requirement.

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: 202607301130PRIMZONEFULLFEED9800188) on July 30, 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 effects 1-for-30 reverse stock split Aug. 3

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