Nexus Advanced Technologies Inc., formerly K Wave Media Ltd., closed a registered direct offering on August 20, 2026, selling 526,314 ordinary shares to institutional investors at $1.90 per share. The transaction generated approximately $1,000,000 in gross proceeds before deducting fees and expenses. D. Boral Capital LLC served as the exclusive placement agent, receiving a 7.0% cash fee plus reimbursement of up to $75,000 in specified expenses. Net proceeds are intended for general corporate purposes, including working capital, potential business acquisitions, and administrative costs. The company operates in the AI infrastructure and related technologies sector.