K Wave Media Ltd. (NASDAQ: KWM) has priced a registered direct offering of 526,314 ordinary shares at $1.90 per share, generating gross proceeds of approximately $1 million before commissions and offering expenses.
The offering is expected to close on or about Thursday, subject to customary closing conditions. D. Boral Capital LLC acted as the exclusive placement agent for the transaction.
The deal is conducted under K Wave Media’s shelf registration statement on Form F-3 (File No. 333-297167), which was declared effective by the U.S. Securities and Exchange Commission on July 9, 2026. A prospectus supplement detailing the offering terms will be filed with the SEC.
The company focuses on AI infrastructure and related technologies, while also evaluating strategic opportunities in high-growth industries.
