Another Nasdaq notice to K Wave Media: the company faces delisting

MidsommarWallet · 2026-01-30T01:09:02+00:00

K Wave Media received a Nasdaq notification about potential delisting due to failing to meet market capitalization requirements. The company must achieve a market cap of at least $50 million and maintain a share price above $1 by specified deadlines to remain listed. Despite raising $1 billion for growth, current stock performance is lacking.

MidsommarWallet

2026-01-30 01:09:02

Abstract generation in progress

K Wave Media has received a new notice from Nasdaq about the possible termination of the listing on the platform. This notice sent by the exchange indicates the critical situation of a K-Pop media content company that does not meet the minimum market value requirements for listing on the Nasdaq Global Market.

Specific conditions for maintaining a listing

K Wave Media has strict conditions. According to Odaily, the company needs to reach a market capitalization of at least $50 million. This value must be maintained for at least 10 consecutive trading days until June 2026. Without meeting this requirement, the company risks being delisted from the Nasdaq trading list.

In parallel, there is a second condition. K Wave Media is obliged to increase the value of its share above the $1 mark and maintain it at this level for 10 trading days until July 6, 2026. This requirement comes from an earlier notice from the Nasdaq received by the company in early 2026, when the stock price fell below $1 for 30 consecutive trading days.

Ambitious plans and current challenges

Previously, K Wave Media raised $1 billion in investment to implement its Bitcoin treasury management strategy. However, the dynamics of the company’s quotations demonstrates that the attracted capital could not ensure a sustainable growth in the share price. This notice indicates a discrepancy between the company’s investment ambitions and its current market valuation by investors.

The procedure, initiated by successive notifications from Nasdaq, actually gives the company additional time to adjust its financial position and restore market confidence until the end of the first half of 2026.

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