K Wave Media Receives Nasdaq MVPHS Deficiency Notice, Aims to Regain Compliance by June 2026

NEW YORK and SEOUL, South Korea, June 18, 2026 (GLOBE NEWSWIRE) -- K Wave Media (the “Company”) announced today that it received a written notification (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) dated June 16, 2026, notifying the Company that it is not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) requirement set forth in Nasdaq Listing Rules for continued listing on The Nasdaq Global Market. Pursuant to Nasdaq Listing Rules 5450(b)(2&3)(C), the Co