K Wave Media shifts listing to Nasdaq Capital Market on July 21 after Nasdaq approval - KWM News | RalliesK Wave Media shifts listing to Nasdaq Capital Market on July 21 after Nasdaq approval
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KWM• Listing shift and compliance extension
- 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 and cut liabilities about 77%.
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