K Wave Media Receives Nasdaq Notification Letter

K Wave Media Ltd. (NASDAQ:KWM), a Korean cultural innovation and digital asset company ("K Wave" or the "Company"), today announced that it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") dated January 7, 2026, notifying the Company that based on the closing bid price of the Company for the period from November 20, 2025 to January 6, 2026, the Company no longer meets the continued listing requirement of Nasdaq, under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.