K Wave Media Ltd. Announces Pricing of $1.0 Million Registered Direct Offering
Globe Newswire•19/08/2026•14:04 ET
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Key Highlights
- ➤K Wave Media (KWM) prices 526,314 ordinary shares at $1.90 per share.
- ➤Registered direct offering targets approximately $1,000,000 in gross proceeds before commissions and expenses.
- ➤Offering closing expected on or about August 20, 2026, subject to customary conditions.
- ➤D. Boral Capital LLC acts as exclusive placement agent for the offering.
- ➤Shares offered under effective Form F-3 shelf registration statement declared effective July 9, 2026.
NEW YORK, Aug. 19, 2026 (GLOBE NEWSWIRE) -- K Wave Media Ltd. (Nasdaq: KWM) (“K Wave Media” or the "Company"), a Nasdaq-listed company focused on AI infrastructure and related technologies, today announced that it has entered into definitive agreements for the purchase and sale of 526,314 ordinary shares at a purchase price of $1.90 per share in a registered direct offering, for gross proceeds of approximately $1,000,000, before deducting commissions and offering expenses. The closing of the offering is expected to occur on or about August 20, 2026, subject to the satisfaction of customary closing conditions.
D. Boral Capital LLC is acting as the exclusive placement agent for the offering.
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