K Wave Media Receives Additional 180-Day Compliance Period From Nasdaq Capital Market For $1 Minimum Bid Price Requirement; Confirms Reverse Stock Split Authorization
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
K Wave Media got more time from Nasdaq to fix its stock price, which had dropped too low. The company is allowed to do a reverse stock split, which combines shares to make the price look higher—watch if this actually helps the business get stronger.
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