K Wave Media Announces Nasdaq Capital Market Approval, Strengthened Balance Sheet and Strategic AI Growth Initiative

SEOUL, South Korea and NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- K Wave Media Ltd. (Nasdaq: KWM) ("K Wave Media," “KWM” or the "Company"), today announced several significant milestones that mark an important step in the Company's strategic transformation and position it for its next phase of growth. On July 17, 2026, the Nasdaq Stock Market approved the Company's application to transfer the listing of its ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market and granted t