Dividends & Buybacks ·
K Wave Media Ltd. held its 2026 annual general meeting on July 10, 2026, where shareholders approved several…
KWMNexus Advanced Technologies Inc.
K Wave Media Ltd. held its 2026 annual general meeting on July 10, 2026, where shareholders approved several significant corporate actions. Key approvals included a share consolidation of up to 30 existing ordinary shares into one new share, an increase in authorized share capital through the creation of 90,000,000 additional preference shares, and a name change to be determined by the board. Shareholders also approved the adoption of a second amended and restated memorandum and articles of association, the rescission of a March 2023 Share Purchase Agreement with K Enter Holdings, Inc., and the appointment of Yang Kan Chong, Jaekeun (Jason) Kim, and Ted Kim as Class I directors. The meeting reached a quorum with 50.93% of ordinary shares represented. K Wave Media Ltd. is a media company.