K Wave Media effects 1-for-30 reverse stock split Aug. 3 - KWM News | RalliesK Wave Media effects 1-for-30 reverse stock split Aug. 3
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KWM• Reverse split and trading on Nasdaq
- 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.