TechFlow news, January 10 — According to Globe Newswire, K Wave Media Ltd., a South Korean cultural innovation and digital asset company (Nasdaq: KWM), received a notification letter from the Nasdaq Stock Market on January 7, 2026, indicating that the company’s closing bid price had failed to maintain the minimum $1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2) for the period from November 20, 2025, to January 6, 2026.
Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted a 180-day compliance period, until July 6, 2026, to regain compliance. If at any time during this compliance period the company’s common stock maintains a closing bid price of at least $1.00 per share for 10 consecutive business days, Nasdaq will provide written confirmation that the deficiency has been cured.
